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Expat Mortgage Rates | What You Need to Know
Expats looking for UK mortgages have a few more hoops to jump through than UK residents, but there’s nothing stopping UK nationals who live abroad from making good use of the UK property market. Here at Clifton Private Finance, we’re experts in getting the best expat mortgage rates - he...
NEWS: How Will a Labour Government Affect the UK Property Market?
With Labour in government for the first time in nearly 15 years, many Britons are wondering how this will affect the property market. Written by Luka Ball Historically, general elections have not had extreme impacts on the housing market, but a clear electoral mandate can boost buying confide...
Mortgages For Solicitors: Finance to Suit the Legal Profession
It's well-known within the mortgage industry that solicitor mortgages have unique advantages. 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 completi...
Can I Remortgage to Buy a Second House?
Many people remortgage their home as a way to free up capital to put towards a second property. If you’ve been repaying your mortgage for many years, you’ll have built up a chunk of equity in your home that you can’t really access – unless you remortgage to release it. A po...
The Ultimate Guide to Buying Property in Marylebone
Marylebone, a gem in the heart of London, offers a unique blend of village-like charm and urban sophistication. Known for its elegant Georgian architecture, chic boutiques, and proximity to some of London's most beloved green spaces, Marylebone has become one of the most sought-after residential are...
RESEARCH: House Prices Grow More Under Labour Than Tories Historically
Bristol, 18/07/2024 - New research from Clifton Private Finance, a leading property finance brokerage, reveals how property prices have risen under the different political parties in the UK. Key Findings: House prices have grown moreunder a Labour government than under Tory leadership over t...
Growth Guarantee Scheme Loans Explained
In today's dynamic business landscape, access to capital is crucial for growth and innovation. The UK government's new Growth Guarantee Scheme Loans are set to revolutionise how small and medium-sized enterprises (SMEs) secure funding for expansion. This initiative, which replaces the successful R...
How To Get A Renovation Mortgage
A renovation mortgage is designed to help property owners finance the cost of renovating or remodelling their property. 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 d...
The Ultimate Guide to Buying Property in Holland Park
Holland Park's unique blend of natural beauty, historic charm, and urban sophistication makes it an enduring favourite in the Prime Central London property market. Despite recent market fluctuations, the area's fundamental appeal remains strong, offering excellent opportunities for both homeowners a...
Ecommerce Finance | 8 Options Compared
Ecommerce is big business in the UK. With online and mobile transactions taking up more than a third of the overall retail sales in the country and growing. Ever since the COVID pandemic, e-commerce has become the go-to method of buying goods for most UK households, so it’s no wonder tha...
How Much Does it Actually Cost to Employ Someone?
The word “company” means a formed group, and comes from the latin “com”, meaning together and “panis”, which means bread. It is the idea of people coming together to share a meal and is where we also get words like “companionship”. For businesspeople,...
NEWS: First Time Buyers Dominating London Market
London is seeing an increase in purchasing activity from first-time buyers despite high cost-of-living and homebuying costs. Here's how you can navigate the evolving London market. Written by Luka Ball According to new data, in 2023, London saw 181,000 first-time buyers purchase homes. This m...
The Ultimate Guide to Buying Property in Belgravia
Belgravia, one of London's most exclusive and elegant neighbourhoods, offers an unparalleled blend of historic grandeur and modern luxury. Known for its white stucco-fronted townhouses, pristine garden squares, and prestigious address, Belgravia exudes sophistication and global allure. This compreh...
What Proof of Income Do I Need To Get a Mortgage?
It varies from lender to lender, but mortgage providers will require the following proof of income for your mortgage application: 1-3 of your most recent payslips Your P60 (for up to 2 years) Evidence of 2-3 years of bonuses if they're a significant chunk of your ...
Unregulated Bridging Loans - 6 Things you need to know
Unregulated bridging loans typically offer more flexible loan terms and quicker turnaround times - but how else do they differ from regulated bridging loans? Unregulated bridging loans are short-term financial solutions commonly used to provide funding until longer-term financing can be secured or ...
NEWS: Business Finance Success Down to AI and Technology
Emerging technology is helping specialist lenders revolutionise business finance. Challenger banks and small lenders are at the forefront of providing business finance for SMEs, providing a quicker, more efficient service. Written by Luka Ball New technology, such as automation and AI, are moderni...
Applying for Retrospective Planning Permission: Is it Worth the Risk?
Retrospective planning permission is a common occurrence in the property development world. You may have made an honest mistake during building works and only realised afterwards you need permission. Or you may have discovered you can’t sell your house unless it matches the land registry recor...
IPO Financing | How It Works
Moving from a limited company to a public one is one of the most significant stages of company growth in a business’ life. It is a very complex project that requires a considerable amount of business stability to undertake, and a core part of that stability is regarding the financial capacity...
How Much Does Asset Finance Actually Cost?
Asset finance has two main costs: interest rates and fees. Interest rates vary depending on the market and base interest rate at the time, but currently sit between 6.87% - 15.04% per annum. Fees will vary based on the lender you use, the exact product you take out and the terms o...
Can I Borrow Against a Property With No Mortgage?
If you own your property outright, you may be wondering if it's possible to secure a loan against a property with no mortgage. You'll be pleased to know that it is possible and a few options exist. So what are they? Many homeowners look to access cash to help get through extraordinary circumstances...
Intellectual Property Finance | How It Works
In today's knowledge-driven economy, intellectual property (IP) has become a cornerstone of business value. Yet, many high-growth companies find themselves asset-rich in IP but cash-poor when it comes to traditional collateral. This disconnect has led to an estimated £15 billion funding gap ...
The Ultimate Guide to Buying Property in Victoria
Victoria, a vibrant and dynamic area in the heart of London, offers a unique blend of historic charm and modern sophistication. Home to iconic landmarks such as Buckingham Palace, St. James's Park, and the Victoria Palace Theatre, it’s an area of prestige and cultural significance for London. ...
HMO Mortgages – How To Finance An HMO Property
HMOs are still proving to be a lucrative investment today, but if you're looking to secure finance, expect different lending options for an HMO mortgage. 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 p...
NEWS: Is Investing in a Buy to Let Still Worth it in 2024?
Investing in a buy to let has the potential to generate high ROI through both rental income and building equity, but amid the current costs of owning a property, many are asking if being a landlord is still worth it. A number of landlords are expressing dissatisfaction with slim profits and rising ...
NEWS: Why are House Prices Falling in Investment Hotspots?
House prices are beginning to fall and investment hotspots that were seeing the biggest growth before 2022 are now on a decline - we explain why. In the past year, house prices in the UK have fallen -0.2%, bringing the average house price to £263,800.That's £410 lower than a year ago. W...
The Ultimate Guide to Buying Property in Westminster
Westminster, the heart of London's political and cultural landscape, offers an unparalleled blend of historic grandeur and modern sophistication. Home to iconic landmarks such as the Houses of Parliament, Westminster Abbey, and Buckingham Palace, this area exudes prestige and global significance. T...
How to Find and Download Tax Documents for a UK Mortgage
If you're self-employed and applying for a UK mortgage, you'll need to find and download the right tax documents for your application. Read our guide for clear and easy steps to navigate this essential part of your self-employed mortgage application. For self-employed borrowers, lenders a...
The Ultimate Guide to Buying Property in Pimlico
Pimlico, situated in Central London, exudes a unique blend of historic charm and contemporary living. Its graceful garden squares and iconic Regency-style architecture contribute to its timeless appeal. This comprehensive guide will walk you through everything you need to know about purchasing prop...
The Ultimate Guide to Buying Property in Soho
Soho, nestled in the heart of London's West End, is a vibrant and eclectic neighbourhood known for its rich history, cultural diversity, and thriving entertainment scene. As one of Prime Central London's most sought-after areas, Soho presents a unique opportunity for property investors and homebuy...
Buying Commercial Property | Everything You Need To Know
Commercial property investment in the UK, whether for direct use by your business or as an investment to secure tenants, is a stable and often profitable venture. Understanding the landscape for commercial property across the country requires some time and research - so, we’ve written this gu...
Asset Finance Rates | With Free Quote
Asset finance is one of the best ways for a business to have the buying power it needs to grow. With a range of products designed for both the purchasing of assets, or utilising those assets to free up equity as capital for future expansion, loans and financial products that use assets as collatera...
How To Get A UK Mortgage With A Foreign Income
Whether you're working abroad or a British resident earning in a non-pound sterling currency, applying for a mortgage with a foreign income can have its obstacles. Many high street banks will shy away from borrowers on a foreign income. Still, whether you're earning in Euros, Dollars, or Yen,&...
Bridging Loan To Buy A House - Example Of How It Works
If you've found the property you want to buy and need to move quickly, one option is to use a bridging loan to buy a house. We look at some examples of how bridging loans can be used to buy property. How Can You Use a Bridging Loan To Buy a House? In the past 15 years, bridging loans have quickly ...
Operating Lease | What You Should Know
What is an Operating Lease? The easiest way to think of an operating lease is that it’s a rental arrangement. If you’ve ever hired a car for a few days, chances are you have experienced a short term operating lease. When it comes to asset finance, there’s a whole spread of option...
Sole Trader Mortgages | What You Should Know
One of the greatest financial worries that sole traders face is that of obtaining a mortgage. There’s a lot of conflicting advice that floats around - from how you prove your income to the size of a mortgage you might be able to get - that it can become confusing. At Clifton Private Finance,...
News: How Clarkson's Clause Has Changed Agricultural Permitted Development
In a bid to boost rural economies, the government has introduced more leniency surrounding permitted agricultural development. Under the new "Clarkson's Clause," farmers can now convert disused agricultural buildings into multiple homes and shops without planning permission. This change is part of ...
NEWS: Average Mortgage Repayments Up 60% Since 2021
The average buyer's annual mortgage repayments in 2024 have reached £11,400, and getting a good deal is more important than ever. According to new data from Zoopla, the average homeowner in the UK faces annual mortgage repayments of £11,400 in 2024. This is up 60% since 2021, when repay...
The Ultimate Guide to Buying Property in Bloomsbury
Bloomsbury, a distinguished neighbourhood in the heart of Inner London, seamlessly blends rich cultural heritage with vibrant urban living. Known for its literary connections, world-class educational institutions, and elegant Georgian squares, Bloomsbury offers a unique residential experience that a...
The Ultimate Guide to Buying Property in Fitzrovia
Fitzrovia, an upscale residential area nestled in the heart of London, seamlessly blends cultural significance with a thriving city lifestyle. This distinctive neighbourhood, known for its architectural diversity and cultural gravitas, offers a unique blend of historical landmarks and modern dynamis...
NEWS: A Guide to the Most Expensive Streets in the UK
Are you dreaming of living on one of the most expensive streets in the UK? Or perhaps you're just curious about what makes a truly prime property location? In this post, we take a tour of the streets with the highest average property prices in each area of the UK, according to recent data...
How to Get a UK Expat Mortgage
How does a UK expat mortgage differ from a standard UK resident mortgage? We cover some of the challenges British expats commonly face when seeking UK property finance and what to expect if you decide to return to Britain. It's true that applying for a UK mortgage as an expat can be more compl...
The Ultimate Guide to Buying Property in Knightsbridge
Knightsbridge is quintessentially prime central London (PCL), epitomising luxury and exclusivity in one of the world's most desirable residential property markets. At Clifton Private Finance, we proudly guide discerning clients through the nuances of this prestigious market, providing tailored fina...
NEWS: Are Mortgage Rates Going Down? [July 2024]
Inflation is at the BoE's target of 2%, but the base rate is held again in June at 5.25%, with 7-2 voting to hold the rate. The next vote from the Bank of England will take place on 1st August. A rate drop is certainly on the horizon, with Andrew Bailey stating: We do need to se...
Hire Purchase for Business | What You Should Know
When it comes to asset finance, hire purchase for businesses is one of the most established loan arrangements to exist, yet there’s still so much confusion regarding what it is and how it works. In this guide, we get into the nitty gritty of hire purchase agreements for businesses and&nb...
The Ultimate Guide to Buying Property in Notting Hill
Notting Hill: a vibrant jewel in the heart of Prime Central London (PCL), celebrated for its picturesque streets, dynamic cultural scene, and prestigious properties. Here, in this detailed guide, we at Clifton Private Finance will walk you through an in-depth look at the local property landscape. E...
How Much Does a Business Loan Cost
Some business loan costs are clear, such as interest rates, and others are a little more niche. Here at Clifton Private Finance, we like transparency, which means we want our customers to be fully informed of any costs before proceeding with a loan that we advise on. theme-element?4192 Thi...
How to Get a Construction Loan if You're a First Time Developer
Development finance lenders exist to provide construction loans to individuals and companies to make the best return possible over the shortest space of time, at the least possible risk. It's their raison d'être. On the other hand, you have a terrific development opportun...
Confidential Invoice Finance
One of the greatest concerns for many businesses looking for invoice finance, is the damage it could potentially have on their B2B client relationships. Understanding what the differing types of invoice finance are, and the subset of confidential invoice finance, will help you select the right prod...
The Ultimate Guide to Buying Property in Kensington
Kensington stands as a vibrant and affluent neighbourhood, long favoured by young professionals, celebrities, and wealthy families seeking the epitome of luxury living in Prime Central London. This comprehensive guide delves into the area’s property market, exploring pricing trends, rental yi...
The Ultimate Guide to Buying Property in South Kensington
South Kensington stands as one of Prime Central London's most desirable neighbourhoods, renowned for its grand Victorian and Edwardian architecture and proximity to iconic cultural destinations. Favoured by affluent individuals, this upscale area offers a unique blend of historic charm and modern ...
The 8 Best Ways to Finance Home Improvements
The time has come in your journey as a homeowner - you're refurbishing your house and looking for the best ways to finance your home improvements. You might be giving your property a total makeover, or you might be making changes to a rental property. Refurbishment costs can add up, and in a s...
Prime London Property Market Forecast
In the ever-evolving landscape of global property markets, few markets command the prestige of Prime Central London (PCL). Central London contains some of the worlds most coveted addresses, and has long captivated the imaginations of discerning investors and affluent individuals. Nestled within the...
Interest Only Vs Repayment Mortgage: Which Is Best?
Making a decision between an interest-only or repayment mortgage is an important financial decision. Here, we look at the key differences between these mortgage products and how a specialist mortgage advisor can help you choose the right mortgage for you and your circumstances. When ...
Can I Get A Mortgage For 5 Or 6 Times My Salary?
Is it possible to borrow more than 5 times your salary? Amidst high interest rates, mortgage affordability is on the mind more than ever. 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...
Business Loan Eligibility – 9 Things to Know
Business loan eligibility - There are a variety of business finance solutions out there, all with varying criteria, risk profiles and purposes. A business loan could be the best next step for your business, helping you expand the company and start a new chapter. But what do you need to have in plac...
How To Get A Professional Mortgage
As a professional with hard-won qualifications and a structured career path, you could be eligible for a professional mortgage to match. There are 8 ways you could be entitled to a better mortgage as a professional within an established industry. Some UK mortgage lenders offer prof...
The Ultimate Guide to Buying Property in Chelsea
Chelsea stands as a trendy and affluent neighbourhood, long favoured by young professionals, celebrities, and wealthy families seeking the epitome of luxury living in Prime Central London. This comprehensive guide delves into the area's property market, exploring pricing trends, rental yields, and...
The Ultimate Guide to Buying Property in Mayfair
Mayfair stands as the epitome of luxury and exclusivity in Prime Central London. Favoured by high-net-worth individuals, this prestigious neighbourhood boasts world-class amenities. Such as: fine dining, bespoke tailoring, renowned art galleries, and lush parks, catering to a discerning clientele th...
How To Invest in Prime Central London Property
The PCL property market has demonstrated remarkable resilience amidst economic challenges, positioning itself for a promising outlook in 2024. As the UK economy is expected to grow, putting the property market on a more optimistic track, the PCL sector has already showcased its strength. In 2023, ...
The Best Areas in Prime Central London for Property Investment
Prime Central London's allure as an investment destination is undeniable. While property values in the city centre are among the highest in the world, the area's enduring appeal, limited supply, and strong demand from affluent buyers contribute to its resilience and potential for capital appreciatio...
How much does a bridging loan cost?
Bridging loans typically cost 1-2% of your loan size, charged as an arrangement fee by your lender. You also usually pay: A monthly interest rate Valuation or survey fees Legal fees Broker fees Other admin fees, such as drawdown and redemption fees This might seem like a l...
Moving to the South West from London | Property & Education
For the past decade, families are increasingly finding themselves priced out of London and are opting for greener cities and commuter towns. You’ve spent the past decade or two enjoying the best of London’s many amenities, but it’s time to relocate. It’s a predicament more a...
NEWS: 51% of SME Finance Provided by Specialist Lenders
Recent data has revealed a shift in the SME finance landscape - we explain why According to The National Association of Commercial Finance Brokers (NACFB), in 2023, more than half of broker-led SME lending was facilitated through challenger and specialist banks, capturing a combined market share of...
How to Convert a Buy to Let to an HMO
If you convert a current buy to let to an HMO, you could generate over three-times the rental income. But there are some factors to consider. In an era where diversification and resilience are paramount in investment strategies, the allure of House in Multiple Occupation (HMO) properties stan...
NEWS: Landlords Are Improving EPC on Rental Properties – Here's Why
Over one third of landlords are improving the EPC on rental properties, despite last year's U-turn in legislation for greener buy-to-lets. Research by Paragon’s Portfolio Landlord Report 2024 has revealed that almost 4 in 10 (37%) portfolio landlords plan to upgrade their properties to EPC C ...
Property Market Update: Buyer Demand 11% Higher in 2024
In our property market update, research shows a renewed demand for property among property investors and first time buyers. In this article, we take a look at the key changes in the UK property market since 2023. Research across multiple lenders has shown that the new year brought a restored ...
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Bridging Loans: How Much Can I Borrow?
How much can you borrow with a bridging loan? Do you need a short-term finance solution to inject cash quickly without the waiting time of traditional longer-term borrowing? Short-term finance such as bridging loans can be a very helpful form of finance for the right borrower, depending on your cir...
How to Release Equity for Home Improvements
If you already have a portion of your mortgage paid off, you may be able to release equity for home improvements and finance your next property refurbishments. If you're a homeowner, it's likely that you'll need to make changes to your property at some point. These improvements can be as simpl...
5 Ways To Get Into UK Property Development For The First Time
When you apply for development finance, lenders will typically put a lot of weight on the success of your past projects, making it notoriously tricky to get into UK property development for the first time. You’re ready to join the 2.5 million property investors in the UK and start building yo...
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...
Self Employed Mortgage - How to Improve your Chances of Getting One in 2024
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. With the strain on the economy and small businesses in recent years, banks have been tightening their restricti...
NEWS: How Much Will My Mortgage Go Up in 2024?
If you're remortgaging in 2024, your mortgage payments could go up by as much as £500 - £1000 a month. For the best part of this year, mortgage rates have been hovering around 5%, far higher than the record-low rates seen in 2021. Given these figures, you may wonder how ...
What Is Selective Invoice Finance? Explained
One of the greatest problems to face small businesses (and even large ones), is that of cashflow. Having the available capital on hand to pay your financial responsibilities as the months pass can be a constant juggling act between your outgoings and timing your invoices. When waiting for 30, 60 o...
Market Size Formula | Step by Step Calculation
When considering a new business or launching a new product, understanding its chances of success is essential. One of the most important metrics in determining whether there is a need for your business idea is to calculate the market size - only by doing so can you work out if there are really enou...
The Ultimate Guide to Self Employed Loans
One of the problems that raises its head once you make the move to becoming self employed is the difficulty in getting financing. Whether you are looking for loans to help you grow your business, personal credit to help keep everything ticking over in your home life, or significant financing such a...
Buying Property in London as a US Citizen: 9 Things You Need to Know
If you're interested in buying property in London as a US citizen, you're 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 is the...
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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...
How to Work Out Corporation Tax - Step by Step
Stepping into the world of business and becoming a company director is exciting but it can also be nerve-wracking, especially when the idea of corporation tax rears its head. Understanding how to work out corporation tax can be complicated - and while we can’t cover every fine detail in thi...
How to Claim VAT Back
Table of Contents What is VAT?What Businesses Have to Charge VAT?Claiming UK VAT Back on Goods…on Services…on Utilities…on Previous Costs…on Rent…on Shared Expenses…on Business Trips…on Marketing…on Entertaining…on Vehicles…on Fu...
How To Run A Business Successfully | 10 Essential Steps
Building a successful business is a combination of myriad factors, but simple luck doesn’t need to be one of them. With all our experience at Clifton Private Finance, we’ve selected our top 10 pieces of expert advice on how to run a successful business - give your business a boost by rea...
A Guide to Equity Financing
Funding a company can be tough - and it’s rare to do it alone. Having the capital needed to invest in the future while maintaining strong cashflow to keep business operations running means there is a constant need for cash. When looking to inject cash from outside the business, there are two...
Can You Add Stamp Duty To Your Mortgage?
What is stamp duty, and is it possible to add it to your mortgage? This guide explains the ins and outs. When buying a home, getting caught out by a higher stamp duty tax bill than you expect is the last thing you need. If you can’t afford it, it could mean reducing the deposit you can...
Should You Get a Tracker or Fixed Rate Mortgage in 2024?
The Bank of England has announced that it's keeping the base rate at 5.25%. We're taking a snapshot of the best rates available on the market today for fixed and tracker mortgage products to see how they compare. With higher interest rates driving up costs, many are asking what this means for our m...
The 9 Best Places to Live in the UK | 2024
Moving to the UK? We've put together a list of the best places to live in the UK if you're an expat or foreign national, rated for affordability, lifestyle, work opportunities and overall happiness. Moving to a new country is a monumental decision that opens the door to fresh experiences, dif...
Finance Lease vs Operating Lease Compared
One of the biggest questions we're asked in regard to asset finance is that of finance lease vs operating lease, and which is better. Here at Clifton Private Finance, we regularly talk to our clients about which type of asset finance lease product is right for them, as it’s easy to be confuse...
5 Business Startup Grants & How To Apply
Helping startup businesses is a key part of the UK government’s plan, so there are plenty of financial incentives out there to get your company off the ground and grow it in the early days. One such helping hand are business startup grants - capital provided to your company that you don&...
How To Get A UK Mortgage When Living And Working Abroad
It's certainly possible to get a UK mortgage while living abroad, but applying for a UK mortgage as an expat can have its challenges. Being based overseas makes it that bit harder for lenders to establish your earnings and check your credit history. You may find that you need to give your credit s...
Capital Employed Formula | Calculations Explained
There are a number of metrics that can be used to show a company’s efficiency and profitability. One example is capital employed which is used to calculate return on capital employed or ROCE. ROCE is a ratio that directly describes profitability. So, what is the capital employed formula and w...
How can startups get funding? 8 Methods
So, you want to start up a business, but you don’t have the capital to fund your idea and have no idea how to get it - don’t worry, at Clifton Private Finance, we have the expertise needed to help you get the perfect business startup funding. How can startups get funding? The 8 mo...
NEWS: Will House Prices Drop in the UK in 2024?
House prices have begun to rise unexpectedly in 2024 - but is a drop still expected? The average UK house price has been increasing gradually since the beginning of this year, contrary to expectation. This is primarily down to increased buyer activity in the early months of 2024, which could indica...
Can You Use Bonus Income and Commission Payments Towards Your Mortgage?
We're increasingly asked whether you can use your bonus and commission as income towards your mortgage. On-target earnings (OTEs), commission-based salaries and large annual bonus payments are becoming increasingly common in today’s corporate world. The effectiveness of commission and bonus ...
Asset Refinance | What You Should Know
One of the many financial products available to businesses to help with capital and cash flow, asset refinance is an effective method for raising cash based on your ownership of assets listed on your balance sheet. Asset refinance, a subset of asset finance, provides an injection of instant capita...
Buy Now Pay Later for Businesses
Spreading the cost of payments has been a feature of both personal and business finance for decades, but as technology speeds up the sector, adding new and innovative ways of financing, can ’buy now, pay later’ (BNPL) systems really offer businesses in the UK a better and more flexible w...
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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...
Can You Get A Self Employed Mortgage With Only One Year's Accounts?
The short answer is: yes, you can get a self employed mortgage with only one year's accounts. But it is generally more difficult than if you have several years of accounts, as you'll have fewer lenders to choose from. It could also be more expensive, because lenders may offer you higher ...
Business Debt Consolidation Loans | What You Should Know
One of the many tools available for businesses to smooth their financial problems in times of stress is the consolidation business loan. But what is a consolidation loan, how do they work, are they 'worth it', and how can it help your company recover from stretched finances? Read on… Table o...
Do you need a UK EORI number for International Trade?
If your business is looking to expand and trade internationally, you will need an EORI number as part of the process. This is the Economic Operators Registration and Identification Number and allows customs to identify the business attached to any imports and exports. In the UK, there are two EORI ...
6 Home Improvements That Add the Most Value
We explore the top 6 home improvements that increase value when selling a home. In the property world, the adage "location, location, location" often takes precedence, but savvy homeowners understand that a property's condition and presentation can significantly impact its value. Home renova...
Unlocking Savings: Is switching mortgage lenders really worth it?
Remortgaging every few years can save you thousands over your mortgage term, but new evidence suggests that more people are opting to stay with their current deal instead of exploring other options. In a study conducted by Money Supermarket, an estimated 60% of homeowners are prepared to pay more t...
How To Get Fast Property Auction Finance
Property auction finance must be quick and efficient to keep up with the fast-paced and competitive nature of property auctions. This is why a standard mortgage usually doesn't work for auction finance. They take too long to arrange (typically a number of months), with affordability checks based on...
