Can I Get a Second Mortgage?
January 13, 2022
If you are looking to buy a second property, applying for a second mortgage can be a good idea. The process is relatively straightforward but you…
Can a Student Get a Mortgage?
January 12, 2022
Students looking to take out a mortgage for a property are able to do so but will need to consider certain factors including income stream, which…
Are Mortgage Rates Going Down?
January 6, 2022
There has been a great deal of volatility in mortgage rates in recent months, especially due to the ongoing impact of the Coronavirus pandemic and…
Are Mortgage Advisors Free?
January 4, 2022
Sometimes - mortgage advisors may be free for customers to use, the advisor getting paid through other means (e.g. commission). However, some may…
Commercial and Residential Properties – What Can I Use them For?
December 21, 2021
In the UK, the two main classifications of property for buyers and investors across the country are commercial and residential. Both property types…
London House announces re-brand of their super prime residential real estate agency
November 30, 2021
London House launched in May 2021 with the founders having more than 30 years of combined experience in the real estate sector. The firm offers a…
Can I Pay Back a Bridging Loan Early?
August 31, 2021
A lender will almost always allow you to pay the loan back earlier than initially planned. Depending on the lender and the circumstances of the loan,…
What Happens if You Default on a Bridging Loan?
August 30, 2021
Failure to repay a bridging loan could lead to repossession of the property/valuable asset that was used as security, however this is only ever used…
How Is a Bridging Loan Different to Mezzanine Finance?
August 25, 2021
Mezzanine finance requires borrowers to give up equity in their development project or business, whereas bridging finance is secured against…
Can You Use a Bridging Loan for Deposit?
August 24, 2021
You can use a bridging loan for a deposit on a new home. Bridging loans are commonly used for this purpose, helping homeowners to bridge the gap…
Can I Get a Bridging Loan on My House?
August 20, 2021
Yes, you can get a bridging loan on your current house. Most bridging loan providers will require property as security on the loan. They accept a…
Can I Get a Bridging Loan if I Am Self-Employed?
August 18, 2021
Yes, if you’re self-employed it’s possible for you to get a bridging loan. With more than 5 million people self-employed in the U.K., many of which…
Can a Bridging Loan Be Extended?
August 10, 2021
Yes, borrowers can extend their bridging loan term for a few weeks or even months. However, whether this extension will be granted, and by how much,…
Can I Get a Bridging Loan Without Security?
August 4, 2021
No, you cannot get an unsecured bridging loan. This type of finance is always provided on a secured basis, meaning you will need to have the…
Do I Need To Be Living in the Home To Get a Bridging Loan?
August 2, 2021
No, you do not need to be living in the property you’re using the bridging loan on in order to get one. Bridging loans are a secured form of lending,…