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Tag: property

Interest only mortgages explained

Interest only mortgages are homeowner loans where repayments only consist of interest charged on the total amount of capital borrowed. The Mortgage Market Review (MMR) of 2014 made changes to mortgage lending rules in response…
Posted in Mortgages
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Largest amount of equity release lending ever recorded – £1.4bn in 2014

• Annual lending total is the highest since records began in 1992 • More than 21,000 new customers in 2014 – the most recorded since 2008 The total value of equity release lending reached almost £1.4bn (£1.38bn)…
Posted in Equity Release
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Raising capital on your buy to let properties in order to grow your portfolio

The Guardian has recently highlighted an innovative way in which buy to let landlords can raise capital on their buy to let property via an interest-free loan, although doing so will cost them a share…
Posted in Mortgages
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