Monthly Archives: March 2015

Porting Existing Loans

Porting Existing Loans
It is nearly a year since the new mortgage regulations were introduced. The regulations changed significantly the way lenders assessed new borrowers, and imposed stringent new affordability rules. Where the system is falling down however, is when borrowers try to port their existing mortgages […]

Homeowner Loans

Banks and Homeowner Loans
When you need funds to buy a dream kitchen or car, or even a buy-to-let property, most people think about the equity in their home whether it’s for a second mortgage or a new secured loan. Banks are offering new loans, and 24-hour decisions wherever you look […]

Loans for Business and the EFG

Loans for Business and the EFG
The Enterprise guarantee scheme from a taxpayer’s and the government’s perspective has been an unmitigated expensive disaster. The government entrusted the scheme with the countries bankers only to find that default rates within the scheme are […]

The Rising Popularity of the Bridging Loan

The Rising Popularity of the Bridging Loan
The amount and the overall value of bridging loan applications in 2014 reached record levels, rising 63% year-on-year to well over £2 billion. From figures taken from the latest quarterly results from the Association of Short Term Lenders […]