When should you consider using a bridging loan to purchase property? Bridging is definitely a short-term solution, and lenders will always ask for the exit strategy. If the exit strategy is the sale of an existing property then this can be risky in the present market conditions, so you must be sure that your property [...]
August 29, 2012
Due to strong growth in the rental sector and the array of cheap buy to let mortgages currently available, buy to let lending has risen by 20% in the last 12 months. The Council of Mortgage Lenders (CML) has reported that over 33,000 loans worth £3.9bn were issued between March and June 2012, which is [...]
Richard Ignatowicz is a Mortgage Broker for Mortgage Savers. He has over 15 years’ experience in helping people find the best residential, commercial or buy-to-let mortgage products available. Richard is unique in that he has his own property portfolio so understands what investors need to build a successful portfolio....
September 20, 2012
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