Category: Bridging And Commercial
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What are Swap Rates and How Do They Affect Mortgage Rates?
Introduction Swap rates hold significant sway on mortgage rates, particularly the Sterling Overnight Index Average (SONIA) swap rates within the UK market. We will look into what swap rates are and their effect on mortgage rates. What is an Interest Rate Swap? Interest rate swaps involve a contractual deal where two parties exchange sets of… Read more
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How Much Does a £2 Million Bridging Loan Cost?
£2 Million Bridging Loan Costs Explained – Interest Rates, Fees & Real Examples Bridging loans can be a flexible and fast way to access large sums of money when time is of the essence, particularly in property transactions. Whether you’re purchasing before a sale, renovating for resale, or unlocking capital for business or investment purposes,… Read more
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How Much Does a £1 Million Bridging Loan Cost?
£1 Million Bridging Loan Costs Explained – Interest Rates, Fees & Real Examples Bridging loans can be a flexible and fast way to access large sums of money when time is of the essence, particularly in property transactions. Whether you’re purchasing before a sale, renovating for resale, or unlocking capital for business or investment purposes,… Read more
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How Probate Finance Helps Cover Estate Costs
Probate Finance for Executors and Beneficiaries If you’ve recently lost a loved one and find yourself responsible for managing their estate, you might already be discovering how complicated and time-consuming the probate process can be. While probate is a legal necessity, it often creates financial challenges, especially when expenses need paying before any money from… Read more
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Commercial Mortgages for Mixed-Use Developments
Mixed-Use Property Mortgages: Your Guide to Semi-Commercial Investments Mixed-use developments have become a popular investment option, combining residential and commercial spaces to maximise the potential for rental income. These properties can range from high-street shops with flats above to more complex combinations, such as office buildings with attached living spaces. However, obtaining a commercial mortgage… Read more
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Private Mortgage Lenders
Understanding Private Mortgage Lenders When seeking a mortgage, high street lenders might not always meet the unique financial needs of high-net-worth individuals for a multitude of reasons such as makeup of income. It may be that you require a larger mortgage (for example, £5,000,000) and although you have a significant income, it is from many… Read more
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Finance to Convert Properties From C3 to C4
How to Finance a C3 to C4 Property Conversion Turning a single house into a small HMO can feel like a big step. You may know that properties move between planning use classes when they change how they are lived in. A C3 property is a standard family home. A C4 property is a small… Read more
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Mortgages for Care Homes and C2 Properties
Care Home Mortgages: How to Finance C2 Properties Investing in a care home can be a rewarding venture, both financially and personally. With an ageing population and increasing demand for high-quality care facilities, the care home sector continues to grow, making it an attractive option for commercial investors. However, purchasing a care home is very… Read more
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Freehold vs Leasehold: How It Affects Your Mortgage
Freehold vs Leasehold: Key Differences and What They Mean for You When buying a property, understanding whether it is freehold or leasehold is essential. This affects your ownership rights, ongoing costs, and even your mortgage options. What is the difference between freehold and leasehold? The key difference comes down to ownership. This difference affects everything… Read more
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What Does Whole of Market Mean?
What does ‘Whole of Market’ really mean, and how does it impact your decision-making process? We’ll explain what “whole of market” means and why choosing a whole of market mortgage broker like Kerr & Watson can make a significant difference in finding the right mortgage and protection solutions for you. What is a Whole of… Read more
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Flying Freehold Mortgages
Understanding Flying Freeholds: How to Secure a Mortgage for Unique Property Situations Buying a home is an exciting journey, but it can become more complex when encountering unique property situations like a flying freehold. Flying freeholds, where a part of a property overhangs or underlies a neighbouring property, often raise questions and concerns, particularly regarding… Read more
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Bridging Loan to Pay Inheritance Tax
Bridging Loan to Pay Inheritance Tax – Fast Finance When You Need It Most Losing a loved one is never easy. On top of the emotional toll, dealing with the financial aftermath can feel overwhelming. If you’ve inherited property or other valuable assets, there’s a chance you’ll face an inheritance tax bill that needs to… Read more
