Finance
Basing your investment on rental yields
The property market continues to grow but why, when it comes to making investment decisions, does it all revolve around the price? This may seem like a strange suggestion given that almost all investments are made from a financial perspective. However, when it comes to rental yields, using them as a gauge can help determine…
Mark Burns
What Mortgage Options Do People with Bad Credit Have?
Having a bad credit score should not prevent you from securing a mortgage loan and paying for that dream house you have always wanted. Instead of spending the money on rent, you can actually gain so much more by buying a property with the help of a good mortgage loan. There are some options to…
Christopher Walkey
HMRC clarifies changes to non-dom status
Back in March when everyone was pondering the ramifications of George Osborne’s eventful Summer Budget, we outlined the key changes to non-dom status in an article for our overseas clients. Then the details were hazy, and there were more questions than answers. Now, the government has released a consultation which we hope will provide answers to…
Enness Private
The rise of the private bank mortgage
Gone are the days when private banks were seen as old, stuffy institutes run by aristocrats. Once reserved for the super-rich and famous, they have become increasingly accessible as demand for high value mortgages continues to grow. The key difference between private banks and high street lenders has always been the quality of personal service…
Enness Private
How to get a mortgage with Directors’ Loan income
A huge number of clients that come to Enness are self-employed, so we understand that as a director of a limited company, there are many ways you may decide to structure your income to best suit your needs. However, many lenders (especially on the high street), are not always so understanding. If you do not…
Enness Private
HMO checklist: getting your property ready for the new semester
Here’s a fact to ease the challenges of owning a Houses in Multiple Occupation (HMO) property: already this year HMOs have returned higher yields for landlords than any other form of buy-to-let. The average is 10.2 per cent, almost double that of the standard let. It’s an encouraging figure we should all celebrate. But success…
Christopher Walkey
How to secure a House of Multiple Occupancy mortgage
A House of Multiple Occupancy mortgage, or more commonly known as an HMO mortgage, is a great way for investors to maximise the rental income they receive from a property. It involves letting out as many rooms in a property as they can, to tenants who are not all members of the same family and…
Enness Private
5 reasons why you should use a mortgage broker
Securing a mortgage has previously been likened to a rite of passage, being something nearly all of us have to pass through when becoming responsible homeowners. Despite this, the long journey to meeting that milestone can seem a treacherous one, for some more so than others. As the mortgage market continues to prove an unpredictable…
Enness Private
Why Savvy Savers Invest in Property
These days, there seems to be a global increase in investments in the real estate sector. Investors are looking for ways to expand their holdings beyond stocks, bonds, and funds, and property investment is becoming increasingly popular. Be it residential property or commercial property, whether you plan on renting it out or fixing the house…
Christopher Walkey
UK interest rate cut: what does it mean for borrowers?
The long-expected UK interest rate cut – the first since 2009 – became a reality last week. The base rate now stands at 0.25%, a record low. Although the Bank of England was wary of acting too hastily in the wake of the shock Brexit vote, it was clear a cut was on the cards…
Enness Private
5 reasons why you should use a mortgage broker
Securing a mortgage has previously been likened to a rite of passage, being something nearly all of us have to pass through when becoming responsible homeowners. Despite this, the long journey to meeting that milestone can seem a treacherous one, for some more so than others. As the mortgage market continues to prove an unpredictable…
Enness Private
Property investment is far more attractive with the low interest rates
With so much uncertainty doing the rounds of late relating to anything remotely connected with finance, whether that be savings, investments, business and even the economy. Ever since the UK voted to exit the EU we have seen the property sector placed firmly under the microscope and an array of predictions from experts across the…
Alex Evans
Brexit fears result in Buy-to-let mortgage rates dropping
Lenders have slashed their buy-to-let mortgage rates and increased the amount they are willing to lend as a result of the Brexit result. Many of the biggest lenders have dropped their rates in an attempt to draw in new borrowers who may be looking to remortgage or purchase new properties. Following the rise in stamp…
Mark Burns
Guidelines for Investing In Student Property in the UK
Each year, numerous students shift to the UK for furthering their higher studies. In such cases, student property can be a lucrative option and a viable asset. Research shows that about £4 billion has been invested in this sector, in the first quarter of 2015. Also, according to the latest release of the GCSE research it…
Alex Evans
How to get a mortgage if you have bad credit
If you have had a bit of a rocky credit history, getting a mortgage may seem like an impossible task. You don’t just need a decent income or a big deposit anymore. If you do have a less than perfect credit score, you are likely to be refused. But don’t fret, there are other ways…
Alex Evans