Foundation Home Loans has updated its range across the direct to lender and packaged range. Brilliant Solutions offers fees free packaging across the range as well as direct to lender access with payment on completion.
How we have been upgrading our systems for your ease.
As we transition into 2023, we have made new improvements to make it easier to do business with us. There has been very little time to take a step back and hit the reset button after a rollercoaster of a year for the lending and intermediary communities. However, the industry is already turning to 2023 and using this time to prime themselves to meet purchase and remortgage demand from a host of landlords and residential borrowers. Click here to read the full story.
The future for first time buyers with layered complexity
As the market slowly changes for first time buyers, there could be a light at the end of the tunnel. One of the main talking points post- ‘Mini Budget’ has been around how the changes to the mortgage market might impact first-time buyers, particularly those who had perhaps previously thought they were in a strong position to act sooner rather than later. Click here to find out more
What’s the appeal of HMOs?
The property type that’s risen in popularity for high yield and low voids is the natural result of this economic landscape. Since the 2015 summer budget announcement of the proposed tax changes, the buy-to-let market has had to endure its fair share of regulatory changes. Ranging from the extra stamp duty levy as well as the introduction of section 24 of the Finance Act 2015, meaning that over the course of 4 years, landlords rent was no longer able to enjoy the same tax relief as it once did, and for those who were higher earners and/or with a larger portfolio, this would mean that the rent received would be taxed at the higher bracket also. Click here to read on.