The bridging finance market topped £1bn in the last three months of 2017 – the first time that particular barrier has been smashed in any three-month period, according to the Association of Short Term Lenders (ASTL). The value of loans written was up 19. 6% compared...
Read moreFrom 10th May 2018, LV introduces new rates for their Lifetime Mortgage Lump Sum+ product. All rates for loans up to £500,000 have been reduced. LV’s Lifetime Mortgage Lump Sum+ offers the following features: 10% early repayment charge (ERC) free repayment each...
Read moreRetirement Advantage has introduced a new Lifetime Mortgage product, Prestige Options which provides a tax-free, one-off cash payment for higher loan amounts. No payments are due and interest is added to the loan each month. Prestige Options offer: Maximum loan amount...
Read moreNew categories have been added to the acceptable property criteria for Equity Release. This is good news if your property has previously been rejected or you are considering Equity Release and have a property that falls within one of the criteria below: Flat roofs...
Read moreThe new Minimum Energy Efficiency Regulations came into force on 1 April 2018. Without an EPC rated E or above, landlords face civil and criminal penalties for signing a new tenancy, or renewing an existing tenancy on properties with a rating of F or G. There are...
Read moreEquity Release for Buy to Let Properties We now have access to equity release products for buy to let landlords. By choosing equity release over selling your property you could save on capital gains tax and still benefit from rental income. This would be an ideal...
Read moreWell done to Cheryl Marshall for passing her Equity Release exam. Turney & Associates Ltd have experienced and qualified staff.
Read moreMoney Box Live: Right to Buy Radio 4 7th February New data shows a big rise in the number of council homes in England sold off in the past 6 years. It follows government efforts to boost the scheme, which gives council tenants the right to buy their homes at a hefty...
Read more8 February 2018 At its meeting ending on 7 February 2018, the MPC voted unanimously to maintain Bank Rate at 0. 5%.
Read moreEquity Release / Lifetime Mortgages There has recently been 2 programmes about interest only mortgages, listed below, you may find these interesting if you find yourself in this position. The Financial Conduct Authority warns that significant numbers of people...
Read moreAn Equity Release Lender is enhancing their product range from Monday 22 January they are reducing the minimum age from 60 to 55 on some products for more information please call out team
Read moreMegan is leaving us today, we are all very sad to see her go, however we wish her well in her new position.
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