How to Get a Self Employed Mortgage - Everything You Need to Know

Complex Income - How to Secure a Mortgage

24-June-2022
24-June-2022 14:17
in Private clients
by Sam Hodgson
How to Get a Self Employed Mortgage - Everything You Need to Know

If you're earning a mixture of salary, dividends, bonus, rental, or other forms of income, you could struggle to reach your full borrowing potential when it comes to getting a complex income mortgage. Many high street lenders will just take your largest source of income and exclusively use tha...

A Guide To Offset Mortgages: Are They Still A Good Idea?

A Guide To Offset Mortgages: Are They Still A Good Idea?

24-June-2022
24-June-2022 13:55
in Private clients
by Sam Hodgson
A Guide To Offset Mortgages: Are They Still A Good Idea?

With the latest increase in interest rates, rising inflation and mounting house prices, many homeowners are looking to refinance their homes rather than move. If you are thinking of remortgaging, it may make sense to consider an offset mortgage - one of the lesser-known products available....

Latest Mortgage & Short Term Finance Deals

16-June-2022
16-June-2022 18:48
in News
by James Caldwell

We have put together some of the mortgage rates for UK residents and expats that we have recently placed and are currently available to our clients. Residential Mortgages customDatabaseOutput-1308~ddl~75,303 *Overall Cost For Comparison  Buy To Let Mortgages customDatabaseOutput-13...

Latest News on Interest Rates - What does it mean for your mortgage?

Latest News On Interest Rates - What Does It Mean For Your Mortgage?

16-June-2022
16-June-2022 16:11
in Private clients
by Sam Hodgson
Latest News on Interest Rates - What does it mean for your mortgage?

As the Bank of England seeks to halt the pace of inflation, interest rates in the UK have risen by a further 0.25%. It marks the fifth consecutive increase from 1% to 1.25%, bringing it to its highest level in 13 years. The Monetary Policy Committee (MPC) voted to raise the base rate to counter soa...

How To Remortgage a Residential Home To A New Lender

How To Remortgage a Residential Home To A New Lender

14-June-2022
14-June-2022 17:51
in Mortgage
by Admin
How To Remortgage a Residential Home To A New Lender

If your fixed term mortgage deal is coming to an end, you could remortgage to free up some cash. With the right remortgaging advice to hand, you can shop around and find the best remortgage deals in 2022, saving thousands of pounds a year.   Our 6 steps to getting a remo...

What Is A Buy To Let Mortgage Stress Test And Will I Pass It?

What Is A Buy To Let Mortgage Stress Test And Will I Pass It?

10-June-2022
10-June-2022 17:28
in Private clients
by Sam Hodgson
What Is A Buy To Let Mortgage Stress Test And Will I Pass It?

When applying for a buy to let mortgage, you may need to pass a lender’s stress test rather than simply prove that your rental income will cover your monthly mortgage repayments. The stress income cover ratio (SICR) is the calculation lenders apply to determine your affordability of a buy to ...

New Mortgage Launch: High LTV At 10 Year Fixed Rate

New Mortgage Launch: High LTV At 10 Year Fixed Rate

26-May-2022
26-May-2022 16:44
in Private clients
by Sam Hodgson
New Mortgage Launch: High LTV At 10 Year Fixed Rate

An 80% LTV mortgage product with a 10 year fixed rate is available with the option to pay interest only as well as make repayments. It is ideal for aspiring professionals earning bonus or dividend income, buyers looking to upsize, and first time buyers who may have the income to support a large mort...

How to get a renovation mortgage - Short term refurbishment loans explained

How To Get A Renovation Mortgage

25-May-2022
25-May-2022 17:52
in Mortgage
by Jennifer Stevenson
How to get a renovation mortgage - Short term refurbishment loans explained

Whether you're a first-time buyer, a property developer, or anywhere in between, choosing the right finance for buying a renovation property is as important as choosing the design, a builder, or the materials, fixtures, and finishing touches. When you find a property as a 'fixer upper' with a ...

Refurbishment Loans: A Full Guide To Financing Your Next Property Development

A Full Guide To Financing Your Next Property Renovation: Refurbishment Bridging Loans

19-May-2022
19-May-2022 17:44
in Development
by Sam Hodgson
Refurbishment Loans: A Full Guide To Financing Your Next Property Development

Whether you're an established developer or landlord with a large property portfolio, or a first-time investor just considering property investment, refurbishment finance can be an extremely useful tool to help you take advantage of opportunities that come your way. Refurbishment finance (som...

How Much Does A Million Pound Mortgage Cost

11-May-2022
11-May-2022 17:13
in Mortgage
by Jennifer Stevenson

The good news for UK residents and expats is that borrowing a million pounds or more has seen many lenders reserving their best rates for larger loans. At Clifton Private Finance, we have access to the large loan teams at high street banks and private banks who can offer bespoke arrangements d...

Everything You Need to Know About Getting a Self Employed Mortgage in 2022

Self Employed Mortgage - How to Improve your Chances of Getting One in 2022

11-May-2022
11-May-2022 11:12
in Mortgage
by Sam Hodgson
Everything You Need to Know About Getting a Self Employed Mortgage in 2022

Whether you're a company director or a sole trader, you've probably noticed that high-street mortgage lenders have stricter lending criteria for self-employed mortgage applications.  And with the Covid-19 pandemic putting a strain on the economy and small businesses in particular, banks h...

How To Get Fast Property Auction Finance

How To Get Fast Property Auction Finance

11-May-2022
11-May-2022 10:49
in Private clients
by Sam Hodgson
How To Get Fast Property Auction Finance

Now that you've decided that buying a house at auction is the right step for you, you need to make sure you have the finance in place to outbid the competition and complete your purchase. Property auction finance could be the answer, but how does it work, and what is the best deal you...

NEWS: How could Russia's Invasion of Ukraine Impact the Mortgage Market?

NEWS: How Could Russia's Invasion of Ukraine Impact the Mortgage Market?

11-May-2022
11-May-2022 9:44
in News
by Sam Hodgson
NEWS: How could Russia's Invasion of Ukraine Impact the Mortgage Market?

Russia’s war on Ukraine has already caused economic ripples across the globe, with stock markets experiencing volatility, and the price of crude oil surging to over $100 a barrel. And while it’s very difficult to predict the twists and turns down the road as the conflict develops, ...

How To Get A Holiday Let Mortgage

How To Get A Holiday Let Mortgage

10-May-2022
10-May-2022 13:03
in Mortgage
by Sam Hodgson
How To Get A Holiday Let Mortgage

We've seen a significant influx in property purchases for holiday lets across the UK in recent years. However, mortgage lenders have been slow to keep up, and most of the big UK lenders are still not offering specialist, holiday let mortgage products. With progressive rental solutions like Airbnb b...

Mortgages For Dentists: How Much Can I Borrow?

09-May-2022
09-May-2022 18:33
in Mortgage
by Jennifer Stevenson

Has any profession faced more financial challenges in recent years than dentists? There are mortgage lenders who understand the value of the years of training you’ve invested in and who are prepared to take a long view of your future earnings potential and offer generous salary multiplier...

How to use a bridging loan to buy a house in London

09-May-2022
09-May-2022 18:19
in Bridging
by Jennifer Stevenson

The London property market is notoriously competitive, which means when you find the perfect home or a good investment opportunity, you need to move fast. Unfortunately, getting the proper funding in place can often be a challenge when buying a house in the capital. A bridging loan can offer an i...

How To Get A Bridging Loan With Bad Credit

Yes - You Can Get A Bridging Loan With Bad Credit

05-May-2022
05-May-2022 12:27
in Private clients
by Sam Hodgson
How To Get A Bridging Loan With Bad Credit

Can bad credit affect your ability to get a bridging loan? Find out why it's still possible to get short term bridge finance, how it could even help improve your credit rating in the future, and our quick guide to securing the funds you need. Many people believe they will get rejected for...

NEWS: Are Mortgage Rates Going Up in Response to Interest Rate Hikes?

NEWS: Are Mortgage Rates Going Up in Response to Interest Rate Hikes?

05-May-2022
05-May-2022 12:06
in News
by Sam Hodgson
NEWS: Are Mortgage Rates Going Up in Response to Interest Rate Hikes?

The Bank of England has raised the base interest rate to 1% after their Monetary Policy Committee meeting today - the fourth consecutive interest rate hike in a row. In this post, we look at whether mortgage rates are rising in response to these consecutive interest rate hikes. With the BoE’...

modern non-standard construction mortgage

Non-Standard Construction Mortgages & How To Get One

04-May-2022
04-May-2022 16:17
in Mortgage
by Sam Hodgson
modern non-standard construction mortgage

Non-standard construction mortgages are hard to come by. But if you know the right specialist lenders you can still get a competitive deal on your mortgage. Mortgage brokers know the ins and out of the market, and speaking to an adviser is usually the quickest way to find the best non-standard cons...

Mortgages for company directors: how to use company profit to get the size of loan you need

04-May-2022
04-May-2022 15:18
in Private clients
by Jennifer Stevenson

You’re an entrepreneurial business-owner trying to arrange a mortgage. Surely you should be able to count the profit retained in your company towards your mortgage affordability calculations? Or are you a self-employed contractor or freelance professional who manages their work through a limi...

How to get a mortgage on an uninhabitable house

How to get finance to buy an Uninhabitable property

29-April-2022
29-April-2022 14:59
in Bridging
by Jennifer Stevenson
How to get a mortgage on an uninhabitable house

It’s the bargain of the century - a wreck which could be your dream home. Or it’s a profitable "doer-upper" which you could renovate-and-rent-out, or fix-and-sell. But here’s the catch: the reason that scores of other buyers haven’t beaten you to the sale is t...

How Can I Switch to a Buy to Let Mortgage?

How to Switch to a Buy to Let Mortgage

27-April-2022
27-April-2022 18:07
in Mortgage
by Sam Hodgson
How Can I Switch to a Buy to Let Mortgage?

Switching from a residential to a buy to let mortgage can be a daunting process, especially if you’re unsure if you’ll pay any early repayment charges or mortgage set-up fees. But if it can unlock the rental potential of your current residential property and help fund your ambitions to ...

How To Remortgage Your London Home To A New Lender

27-April-2022
27-April-2022 16:58
in Mortgage
by Sam Hodgson

With inflation rates spiralling upwards and interest rates predicted to follow, homeowners across the country are locking into low mortgage rates while they’re still on the market by remortgaging their homes. The BoE’s base interest rate has risen from 0.1% to 0.75% in just 4 months bet...

How to Get a Limited Company Buy to Let Mortgage

How to Get a Limited Company Buy to Let Mortgage

27-April-2022
27-April-2022 16:39
in Mortgage
by Sam Hodgson
How to Get a Limited Company Buy to Let Mortgage

Is it better to buy a buy to let property through a limited company or special purchase vehicle (SPV)?  Whether you're buying your first investment property, or are an established private landlord, the tax benefits of mortgaging your property through a limited company can be sig...

Everything You Need to Know to Get a Million Pound Mortgage

How To Get A Multi Million Pound Mortgage

27-April-2022
27-April-2022 14:40
in Private clients
by Jennifer Stevenson
Everything You Need to Know to Get a Million Pound Mortgage

There’s increasing demand for high-value properties in the UK, not just in the capital and the commuter heartland of the southeast. This property sector has done exceptionally well from 2020 through to 2022. And Property News UK says that million-pound homes have been outperforming the rest o...

5x, 5.5x and 6x income mortgages

Can I get a mortgage for 5 or 6 times my salary?

27-April-2022
27-April-2022 9:48
in Mortgage
by Jennifer Stevenson
5x, 5.5x and 6x income mortgages

There ARE "5x, 5.5x and even 6x" out there, offering maximum borrowings on your earnings. How can you get your hands on one of them? It’s not just hard-pressed first-time buyers who need to maximise their salaries' borrowing potential to get a toe-hold on the property ladder.  Even mi...

Bridging Loan to Buy A House - Example

Bridging Loan To Buy A House - Example Of How It Works

26-April-2022
26-April-2022 18:59
in Bridging
by Jennifer Stevenson
Bridging Loan to Buy A House - Example

If you've found the property you want to buy and need to move quickly, a bridging loan is now considered mainstream and used by many buyers to help them make a house purchase. Here, we look at examples of bridging loans and how you can use bridge finance for different property purchase sce...

How to get a professional mortgage

26-April-2022
26-April-2022 18:56
in Private clients
by Jennifer Stevenson

Your hard-won qualifications and structured career path can win you 8 money-saving advantages when looking for property finance. Doctors, architects, teachers, pilots… you’ve been sitting exams while your peers have been down the pub. Is there a payoff in terms of mortgage borrowing po...

How to get AirBnB buy to let mortgage finance

26-April-2022
26-April-2022 13:33
in Mortgage
by Jennifer Stevenson

The AirBnB market is continuing to grow throughout the UK, with coastal and city-centre properties remaining in high demand for holiday makers and weekend city breakers. But while some AirBnB properties are just spare rooms or annexes within a main home, more and more people in the UK are looking f...

First Time Buyers: How to boost your mortgage deposit and borrowing power

First Time Buyers: How To Boost Your Mortgage Deposit and Borrowing Power

25-April-2022
25-April-2022 17:26
in Mortgage
by Sam Hodgson
First Time Buyers: How to boost your mortgage deposit and borrowing power

Buying a first home in the UK is more challenging than ever. House prices have rocketed while the average income among 25-34 year-olds has stagnated by comparison.  The considerable mortgage affordability gap means an entire generation of young adults are quite simply finding themsel...

What mortgage can I get - Our top 7 ways of borrowing more

What Mortgage Can I Get - Our Top 7 Ways of Borrowing More

24-April-2022
24-April-2022 21:25
in Mortgage
by Sam Hodgson
What mortgage can I get - Our top 7 ways of borrowing more

With so many mortgage providers on the market offering a wide range of different mortgage products, it can be challenging to sift through the industry jargon and terminology to decipher the best mortgage option for you. Taking out the wrong product can significantly limit your borrowing capacity, a...

How A Bridging Loan Can Help You Downsize Your Home In Retirement

How A Bridging Loan Can Help You Downsize Your Home In Retirement

14-April-2022
14-April-2022 14:25
in Bridging
by Sam Hodgson
How A Bridging Loan Can Help You Downsize Your Home In Retirement

At a certain age, you may need to downsize your house and move into a smaller, more practical home. Practicality remains the primary motivation, but over the past decade, there has been a huge trend toward seniors buying purpose-built retirement homes, packaged with many extra lifesty...

5 Top Tips For Funding A House Renovation Project: A Full Guide To Renovation Loans

5 Ways To Get Into UK Property Development For The First Time

13-April-2022
13-April-2022 11:14
in Development
by Jennifer Stevenson
5 Top Tips For Funding A House Renovation Project: A Full Guide To Renovation Loans

You’re ready to join the 2.5 million property investors in the UK and start building your share of a sector that has delivered reliable returns for the past 20 years. Getting into property development has real appeal if you're looking to make a good return on your investment; demand...

US Citizens Buying London Real Estate: 9 Things You Need To Know

US Citizens Buying London Real Estate: 9 Things You Need to Know

31-March-2022
31-March-2022 17:20
in International
by Jennifer Stevenson
US Citizens Buying London Real Estate: 9 Things You Need To Know

If you're a US citizen looking to invest in London property, you're certainly not alone. And if you're wondering how easy it is to get a UK mortgage as a non-UK national, the good news is, there are plenty of specialist lenders who will be willing to make you an offer. The UK property market i...

Should You Get a Tracker or Fixed Rate Mortgage in 2022?

Should You Get a Tracker or Fixed Rate Mortgage in 2022?

17-March-2022
17-March-2022 12:30
in Mortgage
by Sam Hodgson
Should You Get a Tracker or Fixed Rate Mortgage in 2022?

In light of the recent interest rate hikes by the Bank of England from 0.1% up to 1%, we look at a snapshot of the best rates available on the market today for fixed and tracker mortgage products to see how they compare. We also look at the pros and cons of fixed rate mortgages compared to tracker ...

How to get a uk expat mortgage

How to get a UK expat mortgage

10-March-2022
10-March-2022 17:00
in International
by Jennifer Stevenson
How to get a uk expat mortgage

You're a British citizen, currently living and working outside the UK and earning in a non-sterling currency, with a view to buying property in the UK.  It's true that applying for a UK mortgage as an expat can be more complex, but the current strength of foreign currency agains...

How to Get a Green Mortgage - Could you Save Thousands on your Mortgage and Energy Bills

How to Get a Green Mortgage - Could you Save Thousands on your Mortgage and Energy Bills?

07-March-2022
07-March-2022 10:50
in Mortgage
by Sam Hodgson
How to Get a Green Mortgage - Could you Save Thousands on your Mortgage and Energy Bills

With energy costs rising throughout the UK and the rest of the world, many existing and prospective homeowners are wondering how much they could save with a green mortgage.  You might be looking at ways to make your home more energy-efficient just to keep your bills down - so, could you q...

NEWS: New Mortgage Launch: Borrow 7x Your Income

NEWS: New Mortgage Launch: Borrow 7x Your Income

03-March-2022
03-March-2022 11:21
in News
by Sam Hodgson
NEWS: New Mortgage Launch: Borrow 7x Your Income

A popular mortgage lender, Habito, has launched a new mortgage product where you can borrow up to 7 times your annual income, surpassing the maximum loan to income ratio that most banks can stretch to. But what are 7x income mortgages? How do you qualify for one? Are they worth it, and how can you ...

How important is your UK credit score to getting a UK expat mortgage

How Important Is Your UK Credit Score To Getting A UK Expat Mortgage?

02-March-2022
02-March-2022 16:29
in International
by Sam Hodgson
How important is your UK credit score to getting a UK expat mortgage

With any mortgage application, your credit history and score are major factors considered by lenders. So, if you’re an expat living and working abroad, and looking to buy in the UK, you may be worrying that your lack of UK credit history will prevent you from securing a good mortgage deal. Th...

Should I approach an expat mortgage broker

Should I Use An Expat Mortgage Broker Or Go Directly To A Lender?

24-February-2022
24-February-2022 12:41
in International
by Sam Hodgson
Should I approach an expat mortgage broker

If you’re an expat looking to purchase or remortgage a property in the UK, a common question is whether it’s best to secure your expat mortgage directly through a lender or approach an expat mortgage broker. Although you’ll ultimately have to speak to a specialist expat lender whe...

NEWS: The Fastest Growing Property Price Locations in the UK

NEWS: The Fastest Growing Property Price Locations in the UK

23-February-2022
23-February-2022 15:45
in News
by Sam Hodgson
NEWS: The Fastest Growing Property Price Locations in the UK

Buy to let properties have two main forms of investment return: Rental income And growth in value The right rental property can pay off your buy to let mortgage repayments with the rental income, while also serving as a long-term growth investment. But the major decision that prospective lan...

What Qualifies as a High Net Worth Mortgage?

What Qualifies as a High Net Worth Mortgage?

11-February-2022
11-February-2022 13:30
in Private clients
by Sam Hodgson
What Qualifies as a High Net Worth Mortgage?

Qualifying for a High Net Worth mortgage with your lender can make the difference in securing a loan at the size you need, getting a mortgage with a smaller deposit, or getting your ad hoc or complex income streams to qualify towards your application. You could also get preferential treatment from ...

NEWS: First Time Buyer Mortgage at 5.5 Times Salary Now Available

NEWS: First Time Buyer Mortgage at 5.5 Times Salary Now Available

10-February-2022
10-February-2022 16:06
in News
by Sam Hodgson
NEWS: First Time Buyer Mortgage at 5.5 Times Salary Now Available

A major high street bank is now offering 5.5 times salary mortgages for first time buyers. Typically, the largest mortgage you can reach as a first time buyer is capped at 4.5 times your income for most lenders, so this serves as a great way for new buyers to get onto the property market with a big...

NEWS: Bank of England Doubles Base Interest Rate to 0.5 Percent - What Does This Mean for Your Mortgage?

NEWS: Bank of England Doubles Base Interest Rate to 0.5 Percent - What Does This Mean for Your Mortgage?

03-February-2022
03-February-2022 11:29
in News
by Sam Hodgson
NEWS: Bank of England Doubles Base Interest Rate to 0.5 Percent - What Does This Mean for Your Mortgage?

The Bank of England has announced that the base interest rate in the UK will increase from 0.25% to 0.5%. This marks a 500% increase to the base interest rate compared to before the 16th December 2021 when it was at the record low of just 0.1%. And with the prospect of further rate hikes throughou...

Mortgages for Entrepreneurs and Venture Capitalists

Mortgages for Entrepreneurs and Venture Capitalists

01-February-2022
01-February-2022 16:36
in Private clients
by Sam Hodgson
Mortgages for Entrepreneurs and Venture Capitalists

Are you struggling to get a mortgage at the size you need as an entrepreneur, due to the complexities of your wealth and income streams? Most banks and high-street mortgage lenders are set up to process standard, ordinary mortgage applications in bulk. They employ a template mortgage criteria that...

How to Secure a Mortgage Using Your Trading Income

Mortgages for Forex, Stock and Crypto Traders

19-January-2022
19-January-2022 14:42
in Private clients
by Sam Hodgson
How to Secure a Mortgage Using Your Trading Income

If your primary income stream is through trading – be it stocks and commodities, forex or cryptocurrencies - you’ve probably struggled to get mortgage finance at the levels that your earnings warrant. Most banks see trading income as a red flag for a number of reasons. But are there spe...

NEWS: House Price Rises “Flipped” between North and South of England

NEWS: House Price Rises 'Flipped' between North and South of England

14-January-2022
14-January-2022 16:57
in News
by Sam Hodgson
NEWS: House Price Rises “Flipped” between North and South of England

Following the end of the Stamp Duty Tax holiday in September, house price rises in the North and South of England swapped positions towards the end of 2021 following a boom in the South East and London property market. New data from Chartered Surveyors, e.surv, sheds light on the most recent proper...

Everything You Need to Know About Property Development Finance

How Does Property Development Finance Work?

14-January-2022
14-January-2022 11:13
in Development
by Jennifer Stevenson
Everything You Need to Know About Property Development Finance

It’s a sobering truth that the success of a build project is often less dependent on the availability of a development site, innovative design or high-quality workmanship than on the availability of affordable and flexible finance. Development projects require a bespoke and niche form of fina...

5.5 Time Income Law Partner Mortgages

NEWS: 5.5x Income Mortgage Product for New Law Firm Partners

10-January-2022
10-January-2022 16:06
in News
by Sam Hodgson
5.5 Time Income Law Partner Mortgages

A high-street bank is now offering a mortgage for new law firm partners worth up to £2m with a 5.5x loan to income ratio and high loan to value threshold. If you’ve recently made partner at your law firm and are looking to leverage your new income towards a bigger mortgage, it's a produ...

Exclusive Mortgages for New Law Partners and Equity Partners

How to Get a Mortgage as a New Law Partner

10-January-2022
10-January-2022 10:09
in Private clients
by Sam Hodgson
Exclusive Mortgages for New Law Partners and Equity Partners

You’ve just made partner at your law or accountancy firm, and with a significant pay rise around the corner, you want to leverage your higher income to upgrade your home as soon as possible. But how long do you need to be earning your higher salary before you can use it towards your mortgage?...

Get a Large Interest Only Mortgage

Large Interest Only Mortgages - How to Get One

06-January-2022
06-January-2022 15:40
in Private clients
by Sam Hodgson
Get a Large Interest Only Mortgage

A large interest only mortgage can be a key solution to irregular income streams and complex wealth structures. They provide a level of debt flexibility that repayment mortgages can't match.  But who are interest only mortgages for? What are their benefits? And how do you get on...

Remortgaging As A UK Expat

Remortgaging As A UK Expat

05-January-2022
05-January-2022 16:14
in International
by Sam Hodgson
Remortgaging As A UK Expat

Thinking of remortgaging your UK property as an expat living abroad? Looking to transfer a residential mortgage to a buy to let? Reduce your current monthly mortgage costs, or get better control of your finances? Or take advantage of a lower Loan to Value (LTV) and perhaps use the ...

UK Property Hotspots for Expats in 2022 - Top Locations to Consider

UK Property Hotspots for Expats in 2022 - Top Locations to Consider

30-December-2021
30-December-2021 9:12
in International
by Sam Hodgson
UK Property Hotspots for Expats in 2022 - Top Locations to Consider

If you’re a UK expat thinking about purchasing a buy to let in the UK, it’s all about location. Your buy to let’s location will determine its value growth, rental yield, security of income and whether you’ll be able to use it as a personal second home. In this post, we look...

Can You Use Bonus Income and Commission Payments Towards Your Mortgage?

Can You Use Bonus Income and Commission Payments Towards Your Mortgage?

23-December-2021
23-December-2021 12:50
in Mortgage
by Sam Hodgson
Can You Use Bonus Income and Commission Payments Towards Your Mortgage?

Whether you can use your bonus and commission as income towards your mortgage is a question we’re asked more and more every day. On target earnings (OTEs), commission-based salaries and large annual bonus payments are becoming increasingly common in today’s corporate world. The effecti...

Expat buy to let mortgages in the UK, Clifton Private Finance

How To Get A UK Expat Buy To Let Mortgage

16-December-2021
16-December-2021 17:00
in International
by Jennifer Stevenson
Expat buy to let mortgages in the UK, Clifton Private Finance

If you're a UK national living in another country, you may be trying to figure out how to finance a property back home. You'll either be looking to keep a house you already own or buy a new property - with a view to benefitting from a valuable slice of the UK property market...

NEWS: Bank of England Raises Base Interest Rate to 0.25% - What Does This Mean for Your Mortgage?

NEWS: Bank of England Raises Base Interest Rate to 0.25 Percent - What Does This Mean for Your Mortgage?

16-December-2021
16-December-2021 12:57
in News
by Sam Hodgson
NEWS: Bank of England Raises Base Interest Rate to 0.25% - What Does This Mean for Your Mortgage?

The Bank of England’s Monetary Policy Committee (MPC) meeting today has resulted in base interest rates in the UK increasing to 0.25% from 0.1%. This represents an increase of 150% to the base UK interest rate. Despite significant pressure from recent rising inflation rates, many economists ...

A Guide to Bank Statements When Applying for a Mortgage

A Guide to Bank Statements When Applying for a Mortgage

09-December-2021
09-December-2021 16:11
in Mortgage
by Sam Hodgson
A Guide to Bank Statements When Applying for a Mortgage

Whether you’re applying for a first time buyer mortgage, a buy to let mortgage, a development loan or any other type of property finance, you’ll need to provide your recent bank statements to your mortgage lender. In this guide, we look at why mortgage lenders ask for your bank sta...

HMO Mortgages - How To Finance An HMO Property

HMO Mortgages – How To Finance An HMO Property

04-December-2021
04-December-2021 18:08
in Mortgage
by Jennifer Stevenson
HMO Mortgages - How To Finance An HMO Property

The ROI returns can be impressive, but only a few specialised intermediary-only lenders will fund a foray into the multi-let market. If you've paid off a mortgage you could now be looking to reinvest in property. Or perhaps success with residential investment or buy-to-lets (BTL) has prompted ...

Specialist Mortgage Broker - 7 Reasons Why You Should Use One

Specialist Mortgage Broker - 7 Reasons Why You Should Use One

03-December-2021
03-December-2021 12:14
in Private clients
by Sam Hodgson
Specialist Mortgage Broker - 7 Reasons Why You Should Use One

If your financial circumstances are complex and unique, you might be struggling to get the property finance you need. At the very least, you could be looking at higher interest rates, putting down a bigger deposit, or borrowing less money. But using a specialist mortgage broker will ensure you get ...

How Much Does A Bridging Loan Cost?

How much does a bridging loan cost?

25-November-2021
25-November-2021 13:09
in Bridging
by Jennifer Stevenson
How Much Does A Bridging Loan Cost?

Bridging loans cost less than you might think - especially if you're using one for the right reasons, in the right way.  And if a bridging loan secures your property purchase at the best price because you’re able to act fast, it can save you money. Bridging loan cost...

NEWS: UK House Sales Fall Following End of Stamp Duty Holiday

NEWS: UK House Sales Fall Following End of Stamp Duty Holiday

24-November-2021
24-November-2021 15:40
in News
by Sam Hodgson
NEWS: UK House Sales Fall Following End of Stamp Duty Holiday

On 1st October this year, the government’s Stamp Duty holiday came to an end. And as a result, HMRC has reported that a massive 52% fewer houses were sold in the UK in October compared to September. But while a drop of 52% is extraordinary, it’s not necessarily a sign that people have ...

NatWest Launches Buy to Let Green Mortgage and Leeds BS offer Offset Carbon Emissions Incentive

NEWS: NatWest Launches Buy to Let Green Mortgage and Leeds BS Offer Offset Carbon Emissions Incentive

23-November-2021
23-November-2021 10:50
in News
by Sam Hodgson
NatWest Launches Buy to Let Green Mortgage and Leeds BS offer Offset Carbon Emissions Incentive

NatWest are launching green mortgage incentives this week for buy to let (BTL) properties, and Leeds Building Society have announced a carbon offset scheme for their fixed rate products. With the government aiming to ensure all mortgage lenders have an average Energy Performance Certificate (EPC) o...

NEWS: Inflation Up 4.2% In October – Are Mortgage Rates Going Up Too?

NEWS: Inflation Up 4.2 Percent In October – Are Mortgage Rates Going Up Too?

18-November-2021
18-November-2021 11:41
in News
by Sam Hodgson
NEWS: Inflation Up 4.2% In October – Are Mortgage Rates Going Up Too?

The Office for National Statistics announced yesterday that the Consumer Prices Index (CPI) rose 4.2% in the 12 months to October 2021. This is higher than many people expected and marks a significant increase from the 3.1% inflation figure for the 12 months to September 2021. It mounts more press...

NEWS: UK House Prices and Mortgage Rates Predicted to Grow in 2022

NEWS: UK House Prices and Mortgage Rates Predicted to Grow in 2022

15-November-2021
15-November-2021 17:00
in News
by Sam Hodgson
NEWS: UK House Prices and Mortgage Rates Predicted to Grow in 2022

While Savills have predicted house prices to grow by 3.5% in 2022, Rightmove have announced the largest monthly drop in average asking price via their real estate website in November since January 2021. What is the property market forecast? Savills property market predictions: 3.5% growth in 20...

Mortgages For Solicitors: Finance to Suit the Legal Profession

Mortgages For Solicitors: Finance to Suit the Legal Profession

15-November-2021
15-November-2021 14:17
in Mortgage
by Sam Hodgson
Mortgages For Solicitors: Finance to Suit the Legal Profession

If you’re working in the legal profession, you could get preferential mortgage terms for your property purchase. Whether you’re a qualified solicitor or barrister or you’re still completing your period of recognised training, it's worth speaking to a mortgage broker who can connec...

NEWS: NatWest and TSB Increase Mortgage Rates Across Multiple Products

NEWS: NatWest and TSB Increase Mortgage Rates Across Multiple Products

11-November-2021
11-November-2021 15:18
in News
by Sam Hodgson
NEWS: NatWest and TSB Increase Mortgage Rates Across Multiple Products

Among speculation of future base rate interest rises from the Bank of England, a number of mortgage lenders have increased interest rates across their product ranges and taken some products off the market. TBS Rate Increases Two year fixed mortgages – rates increased by up to 0.30 per cent...

What Stamp Duty do I Need to Pay and can my Mortgage be Used to Cover it

What Stamp Duty do I Need to Pay and can my Mortgage be Used to Cover it

11-November-2021
11-November-2021 10:30
in Mortgage
by Sam Hodgson
What Stamp Duty do I Need to Pay and can my Mortgage be Used to Cover it

When you’re buying a home, getting caught out by a higher Stamp Duty tax bill than you’re expecting is the last thing you need. If you can’t afford it, it could mean reducing the deposit you can put down or needing a larger loan, which can reset your lender’s mortgage calcul...

NEWS: 66 Percent Of Parents Considering A Buy To Let For Kids At University

NEWS: 66 Percent of Parents Considering a Buy to Let for Kids at University

10-November-2021
10-November-2021 17:04
in News
by Sam Hodgson
NEWS: 66 Percent Of Parents Considering A Buy To Let For Kids At University

A recent report from Trussle has found that two thirds of parents with children at university are considering a buy to let property purchase for their children to live in – an investment that also doubles up as an income source through renting to other students. Buying near their university m...

Interest Rates Held at 0.1 percent - What this means for your mortgage

NEWS: Interest Rates Held at 0.1 Percent - What This Means for your Mortgage

04-November-2021
04-November-2021 14:35
in News
by Sam Hodgson
Interest Rates Held at 0.1 percent - What this means for your mortgage

Following the Bank of England’s Monetary Policy Committee (MPC) meeting today, only two out of nine policymakers voted to raise interest rates from the current record lows. It’s a result that shocked many borrowers who assumed rates would rise up to 0.25% in response to rising levels of...

How To Get A Mortgage On A UK Property If You Live In Australia

29-October-2021
29-October-2021 15:40
in International
by Jennifer Stevenson

If you live in Australia, securing a mortgage to purchase a residential or buy to let property in the UK can be challenging. This article explores the options available to you as an Australian resident and the best ways to access mortgage finance for purchasing or remortgaging UK property. An...

Are UK Mortgage Rates Likely to Rise - October Budget 2021

NEWS: Are UK Mortgage Rates Likely to Rise - October Budget 2021

28-October-2021
28-October-2021 16:35
in News
by Sam Hodgson
Are UK Mortgage Rates Likely to Rise - October Budget 2021

Chancellor Rishi Sunak has announced his Autumn Budget in the House of Commons, and we look at what it tells us about the future of mortgage rates in the UK. Mortgage rates fluctuate in line with interest rates in the UK, and although the Bank of England sets the base rates, not the Chancellor, the...

Bridging Finance For British Expats Buying UK Property

Bridging loans for UK expats

27-October-2021
27-October-2021 16:53
in International
by Jennifer Stevenson
Bridging Finance For British Expats Buying UK Property

If you're a British expat looking to buy UK property, a bridging loan could be the key to moving your plans forward. You might be hunting for a residential property to move into, looking for an investment buy-to-let, or contemplating a ground-up development opportunity. Whatever your situation...

Living In Dubai? 4 Ways A British Expat Can Get A UK Mortgage

21-October-2021
21-October-2021 16:34
in International
by Jennifer Stevenson

You're a UK expat, living and working in Dubai for now, and you want to buy a property back home; perhaps as an investment, a buy-to-let, for family, or for visits back home.  But if you're reading this article, you've probably realised that securing a mortgage on a UK property isn't strai...

fixed rate mortgage news

NEWS: Rates to Rise – Time to cash in with a longer fixed-rate mortgage?

14-October-2021
14-October-2021 9:25
in News
by Sam Hodgson
fixed rate mortgage news

The Bank of England’s base interest rate could rise as early as December 2021 according to market predictions. And if they do, we know that mortgage rates might never be this low again. Is it time to lock in on the record-low rates while you still can? Even with just speculation of rising i...

How to get a UK Mortgage with a foreign income

How To Get A UK Mortgage With A Foreign Income

10-October-2021
10-October-2021 17:41
in International
by Jennifer Stevenson
How to get a UK Mortgage with a foreign income

If you are a British expat working and living abroad and you are paid in a non-sterling currency, you may find it difficult to secure a mortgage on a UK property or to remortgage with an existing lender. Many high street banks will shy away from borrowers on a foreign income, but whe...

5 and a half times salary mortgage

NEWS: The Return of High-Street Banks Offering 85 Percent LTV Mortgages at 5.5 Times Salary

04-October-2021
04-October-2021 17:22
in News
by Sam Hodgson
5 and a half times salary mortgage

High-value residential mortgages are becoming more and more attractive for high-earners as banks aim to return to their pre-pandemic lending rates. You can now get more out of your income with a 5.5x salary mortgage without having to commit to large deposits or source your finance from expensive pr...

How to get a mortgage as a partner of a US law firm without a recent tax return

How to Get a Mortgage as a Partner of a US Law Firm Without a Recent Tax Return

30-September-2021
30-September-2021 12:01
in Mortgage
by Sam Hodgson
How to get a mortgage as a partner of a US law firm without a recent tax return

If you’re self-employed and working for a US company, you might not have a recent UK tax return when you apply for your mortgage due to the US tax year calendar. If you don’t know how to get around this, you'll struggle to get a mortgage despite being a high earner with a secure income...

Mortgages for doctors: finance to suit the medical profession

Mortgages for doctors: finance to suit the medical profession

23-September-2021
23-September-2021 17:01
in Private clients
by Jennifer Stevenson
Mortgages for doctors: finance to suit the medical profession

Doctors and medical professionals can face a particular set of challenges when applying for a mortgage. But with the advice of a specialist mortgage broker, there are some very attractive mortgage deals available to you. We’ll show you how to maximise your borrowing power and speed up your mo...

19 New Million Pound House Locations in England and Wales

19 New Million Pound House Locations in England and Wales

24-August-2021
24-August-2021 16:41
in News
by Sam Hodgson
19 New Million Pound House Locations in England and Wales

With vaccinations rolled out across the UK and lockdown restrictions easing, the short-term effects of Covid-19 on the UK property market are coming to an end. But what effect did the pandemic actually have on the property market, and will these trends continue into the long term? New market resea...

Investing In a New Kitchen How Much Value Will It Add to My House

Investing In a New Kitchen? How Much Value Will It Add to My House?

16-August-2021
16-August-2021 13:22
in Development
by Sam Hodgson
Investing In a New Kitchen How Much Value Will It Add to My House

A beautiful kitchen completely transforms the look and feel of a home. It’s the first thing that stands out to buyers, and the last thing they remember, setting the tone and style of the rest of the property. No matter the culture, country or time period, the kitchen is always the heart of th...

How to Find and Download Tax Documents for a UK Mortgage

How to Find and Download Tax Documents for a UK Mortgage

09-August-2021
09-August-2021 13:27
in Mortgage
by Sam Hodgson
How to Find and Download Tax Documents for a UK Mortgage

If you are self-employed and applying for a mortgage, then you'll need to find and download the right tax documents for your application. Your mortgage lender will need proof of your income for at least the last two years, and they will usually only accept the following HMRC tax documents: SA302...

How To Get a Mortgage - 19 Top Tips for Borrowers

How To Get a Mortgage - 19 Top Tips for Borrowers

29-July-2021
29-July-2021 12:39
in Mortgage
by Sam Hodgson
How To Get a Mortgage - 19 Top Tips for Borrowers

With the property market being hugely competitive at the moment, getting your mortgage application right is more important than ever. Whether you have found your dream home as a first-time buyer or discovered a bargain of a buy to let property, you want to be able to act quickly and confidently w...

Living in Hong Kong? 4 Ways A British Expat Can Get A UK Mortgage

Living in Hong Kong? 4 Ways A British Expat Can Get A UK Mortgage

24-June-2021
24-June-2021 17:11
in International
by Jennifer Stevenson
Living in Hong Kong? 4 Ways A British Expat Can Get A UK Mortgage

Work hard, get paid well… Even on local plus rather than an expat salary package, your low tax means you’ll be looking for somewhere secure to invest. You may not feel as adventurous about playing the HKEX as the locals. And a local property market described by Swiss bank UBS as the m...

Development Finance for Converting Offices into Residential Flats Under Permitted Development Rights

18-June-2021
18-June-2021 17:04
in Development
by James Caldwell

There is a growing demand for residential properties in the UK, which has led to an increase in building and developing properties. Despite the increased activity in the housing market, the residential needs of the UK population are not being met. Property developers may feel that converting offic...

How To Get A UK Mortgage When Living And Working Abroad

17-June-2021
17-June-2021 13:55
in International
by Jennifer Stevenson

If you’re a British expat thinking about buying a property in the UK, or wanting to remortgage on your current home in Britain, there are a few challenges you'll need to overcome as an applicant based overseas. You may find that your credit score in the UK needs attention, or you ne...

Mortgages For Over 60s - What Are My Options?

02-January-2021
02-January-2021 18:49
in Mortgage
by Jennifer Stevenson

If you are 60 or older & you need to borrow in later life, there are mortgage options available. Even in your 90s, there might still be products available to you.  Here we look at what these mortgage borrowing options are, and the features, advantages and disadvantages of each.  ...

How to get refurbishment finance for a buy to let property

24-November-2020
24-November-2020 23:36
in Mortgage
by Jennifer Stevenson

If you're looking to buy a property to generate rental income, finding one that needs significant renovation can allow you to grab a bargain. And if you're already a landlord, refurbishing your rental property can allow you to increase your rental income, and also boosts value. The challenge...

How to get a mortgage for a mixed-use country estate

24-November-2020
24-November-2020 10:22
in Mortgage
by Jennifer Stevenson

Commercial income from rural outbuildings is an attractive proposition for potential buyers of substantial rural properties. But it's a worrying combination for mortgage lenders.  Country estates with substantial acreage in addition to a main residence already call for specialist len...

How To Get A Large Mortgage Loan

19-November-2020
19-November-2020 13:12
in Private clients
by Jennifer Stevenson

At the beginning of 2018, almost 3 per cent of the UK’s housing stock came with a price tag of more than a million pounds. Homes and rental properties priced at more than a million pounds used to be described as "luxury". But by 2015, 75,000 new "property millionaires" had been created by pr...

How To Buy Property Quickly and Beat the Stamp Duty Holiday Deadline

13-November-2020
13-November-2020 1:19
in Mortgage
by Jennifer Stevenson

On 8 July 2020 the Chancellor Rishi Sunak announced a tax-free "holiday" on the stamp duty land tax (SDLT or "stamp duty") payable on house purchases in England and Northern Ireland, with immediate effect. The aim was to boost the sluggish housing market, and it was great news for buyers. House-mo...

How To Refinance A UK Property

12-November-2020
12-November-2020 13:53
in Mortgage
by Jennifer Stevenson

The traditional average mortgage term has always been around 25 years, and now many people, especially first-time buyers, look for arrangements with terms of 30 years or more. However, it is increasingly rare for a borrower to keep the same mortgage for this full term. In this article we look a...

How To Get A Mortgage For A Grade 2 Listed House

02-November-2020
02-November-2020 11:26
in Mortgage
by Jennifer Stevenson

If you are looking for mortgage or short term finance for a grade 2 listed home, then you may come up against a few challenges in finding a lender who will consider this type of property. When you hear the phrase ‘listed building’, you might think of a stately home or some other grand s...

News: Housing Market Trends for Autumn 2020

16-October-2020
16-October-2020 9:51
in News
by Jennifer Stevenson

The housing market of autumn 2020 has continued to perform strongly following a very busy summer. For those interested in house-buying, whether for development, BTL or upsizing/downsizing purposes, it’s useful to know what the current trends are within the market. That way, you can know wher...

Living In Thailand? How To Get A UK Expat Mortgage

15-October-2020
15-October-2020 23:51
in International
by Jennifer Stevenson

Don't lose all the value of your expatriate earnings in Bangkok by paying more for the finance on a UK property purchase than you need to. Yes, UK mortgages cost more for British expatriates than for Britons resident in the UK. But they don't need to cost THAT much more.   An experienced...

Living In Spain: How To Get A UK Expat Mortgage

15-October-2020
15-October-2020 23:34
in International
by Jennifer Stevenson

Property finance is pricier if you're an expat. But don't end up paying more than you need to for your mortage on a home or a rental property back in the UK, just because you're currently living or working in Spain. An experienced expat finance broker can save you a significant amount of money...

Expat Living in Europe? How To Get A UK Mortgage

15-October-2020
15-October-2020 19:52
in International
by Jennifer Stevenson

Don't be caught out by the uncompetitive rates offered by many mainstream lenders when you when you go looking for finance on a property back in the UK. Those mortgage deals you see advertised online by British high-street banks: not for you, as a non-resident. This is one of the situations w...

How To Get A Bridging Loan For A London Property

14-October-2020
14-October-2020 9:06
in Bridging
by Jennifer Stevenson

In the UK’s most competitive property market there’s still a need for fast, flexible financing for property purchases. House prices may be sinking in two out of five London postcodes, but there’s still no time for leisurely buyer chains, or finance companies shilly-shallying around...

News: BCO Announces The Office is Over – So Where Should Developers Put Their Money?

09-October-2020
09-October-2020 11:16
in News
by Admin

It’s not exactly news to anyone that the impact of the Covid-19 pandemic has affected almost every single facet of daily life for the majority of Britons. One of the biggest changes established in the ‘new normal’ is the fact that those who are able to work from home, are doing so...

News: September House Price Spike

07-October-2020
07-October-2020 15:22
in News
by Admin

House prices in September 2020 have had the steepest annual rise since June of 2016, according to the latest newly released index from Halifax. What does the data say? The Halifax managing director Russell Galley recently spoke on the data and what it means for the housing market. He argues tha...

News: Green Homes Grant Launches for Eco-Friendly Renovation

02-October-2020
02-October-2020 10:31
in News
by Admin

For homeowners who’ve been lusting after eco-friendly home updates, there is excellent news on this rainy Friday: the Governments Green Homes Grant has officially been launched. What’s happening? In July, the government announced this initiative intended to help homeowners fund eco-fr...