How will Commercial Mortgage Brokers React to New Rules?

Companies will no longer be able to offer customers mortgage suggestions about a non-advised basis under proposals in the Mortgage Market Review. And whilst the activities of commercial mortgage brokers are not currently regulated it could have a knock on effect.

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Introduction to Commercial Mortgages

This is an introduction to commercial mortgages to help you understand what you need to do to successfully get a commercial mortgage for your business.

The principles are the same whether you are a sole trader or limited company.  However it is worth bearing in mind that most limited companies have multiple directors, so as you will see, this can make a difference to the banks.

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Anyone’s guess what house prices are doing.

Some Confusion over the state of the housing market in England.

This is not really news, after all anyone actually involved in either buying or refinancing property recently will instinctively know that the situation has not improved (or got worse) in the last few months.

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Property prices ups and downs, again.

According to the latest Rightmove House Price Index for May 2011, the UK property Market is remaining in a state of limbo. A lack of proceedable buyers is not helping, and a it would appear that most new sellers are marketing under forced sale conditions, sometimes holding out for unrealistic asking prices. Although there is also conflicting data from other sources.

Read more on Property prices ups and downs, again….

Property prices ups and downs, again.

According to the latest Rightmove House Price Index for May 2011, the UK property Market is remaining in a state of limbo. A lack of proceedable buyers is not helping, and a it would appear that most new sellers are marketing under forced sale conditions, sometimes holding out for unrealistic asking prices. Although there is also conflicting data from other sources.

Read more on Property prices ups and downs, again….

Who would have thought that the Energy Bill would impact landlords

The Second Reading of the Energy Bill was delivered on 10 May, and it contains some interesting bits for landlords, and yes, even small landlords.

The Energy Bill is intended to be a change in the provision of energy efficiency measures to homes, and to encourage improvements to enable low carbon energy supplies.

Read more on Who would have thought that the Energy Bill would impact landlords…