• Money Market News

    Money Market News

    Rates as at 15th December 2014: Bank of England Bank Rate: 0.50%, 3 month LIBOR: 0.56%, 2 Year Swap: 0.95%, 5 Year Swap: 1.50%, £1 = 1:57 USD, £1 = 1.26 EUR

    Read More
  • All I want for Christmas is a deposit for a house!

    All I want for Christmas is a deposit for a house!

    According to the Institute of Fiscal Studies, the average graduate debt is now in excess of £40,000, following the increase in maximum annual tuition fees to £9,000. At the same time, repayments on student loan debt are now included in lenders’ affordability tests to decide how much money to advance to mortgage borrowers. So what are the options for young borrowers that need help in getting onto the property ladder - and for the relatives who would like to provide that help?

    Read More
  • Pension or property? How will you fund your retirement?

    Pension or property? How will you fund your retirement?

    Almost 8 in 10 landlords consider their buy to let (BTL) property as their pension and 25% of them intend to add to their BTL portfolio over the coming year*. Both those figures are likely to increase once the proposed changes to pension legislation go ahead next April.

    Read More
  • ‘Let to Buy’ – Buying without selling

    ‘Let to Buy’ – Buying without selling

    Recently, clients of ours found a property that needed complete redevelopment, so much so that any mortgage lender would consider the property to be ‘uninhabitable’ and therefore unsuitable as security for a mortgage. There was competition for the property so the clients had to move quickly to secure it. They either had to be cash buyers or be in a position to purchase without selling. Read about how they used 'let to buy' as the solution.

    Read More
  • 3 weeks is a long time in the UK mortgage market

    3 weeks is a long time in the UK mortgage market

    Market expectations regarding rate rises have changed significantly in the last 3 weeks, due to renewed fears about global growth, political instability and weakening inflationary pressures. All of which mean that the Bank of England is likely to keep the Bank Rate lower for longer.

    Read More
  • Top Tips For Buy to Let Property Investment

    Top Tips For Buy to Let Property Investment

    The size and value of the UK private rented sector is increasing as the Government discovers that it is not that easy to produce a significant increase in housing stock within a short period of time and that it is no cheaper to provide social housing than private housing, just more heavily subsidised. The private rented sector consists of 2.7m dwellings in the UK or 10% of the total housing stock (compared to 60% in Germany). Although relatively small, the sector has grown by over 10% in the last ten years and, according to The Centre for Economics and Business Research, is forecast to grow by a further 40% over the coming ten years.

    Read More
  • The May 2015 General Election and your mortgage

    The May 2015 General Election and your mortgage

    Are you thinking of buying a property or remortgaging to fix your rate, release capital or reduce your monthly repayments? Our advice is not to let the forthcoming General Election, already set for 7 May 2015, delay your decision. Interest rates can go only one way, upwards, and there is a real possibility that they are likely to do so well before next May.

    Read More

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

© Private Finance Limited, 2014. Private Finance is an independent mortgage advisor that advises on and arranges bespoke mortgage solutions for clients. Private Finance is a trading style of Private Finance Limited, 21 Bedford Square, London WC1B 3HH, registered in England no. 3855776. The Partners are members of Private Finance Associates LLP registered in England no. OC357301. Credit broker fees of up to 1% of the amount borrowed may be charged depending on the type of product. Advice is provided by Private Finance Limited. Private Finance Limited is authorised and regulated by the Financial Conduct Authority (FCA registration number 310566).

back to top