by pIOnfITOmLenders set out Coronavirus support
Mortgage lenders have been setting out the special measures they are taking to help borrowers affected by the fallout from the Coronavirus outbreak. Santander has today launched a helpline for customers requiring financial support (0800 01 56 382). The lender says it will consider allowing borrowers in difficulty to defer or reduce payments. It will also consider increasing credit limits and...
by pIOnfITOmThe Bank of Mum and Dad continue lending
The Bank of Mum and Dad. Parents who are willing to lend their children money if they are fortunate enough to be in a position to do so. For some across the UK, it’s the easiest and fastest way to raise a deposit for their first home and since 2016 the Bank of Mum and Dad have been one of the UK’s top ten lenders! Parents are using savings, investments, equity release products and other means...
by pIOnfITOmFive tax rules landlords need to know
Landlord tax rules have seen some significant changes over the last few years. From stamp duty to capital gains tax, there are a number of different rules and reliefs that apply at every stage of the property life cycle. As landlords it’s incredibly important to keep on top of your tax issues, so here we take a look at some of the major aspects of landlord tax and make surethatyou’re up to...
by pIOnfITOmBritain’s later life lending boom!
The number of over-65 homeowners has increased by 52% over the last 20 yearsas homeowners are ageing at a faster rate than the UK population. According to the latest report from the Intermediary Mortgage Lenders Association, the need to serve a growing population of older homeowners is producing a new generation of mortgage products. The report has showed that homeowners over 55 now hold a...
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