Is Property Investment Becoming a Rich Person’s Game?

Is Property Investment Becoming a Rich Person’s Game?

Mortgage lenders have been quietly and arguably making it more challenging for the average landlord, as they continue to impose tougher checks and criterion on buy-to-let mortgages.  Leading to the question, is property investment becoming a rich person’s game? Barclays Bank have followed the lead of building society and second-largest lender in the UK, Nationwide and tightened their mortgage lending criteria, meaning that the minimal rental cover which is now required has increased from 135%…

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0% Deposit Mortgages are back! But what’s the catch?

0% Deposit Mortgages are back! But what’s the catch?

After the banking crisis of recent years the idea of a 5% deposit at one stage looked unlikely to return to the mortgage market, but this week Barclays announced the return of the 0% deposit mortgage for home buyers.  Sounded great as a headline, but there’s a catch! The 0% deposit is available when using the, “family springboard” mortgage, meaning that no deposit is required when a “helper”, most likely the home buyer’s parents, put…

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Financial Style – 6th May 2016

Financial Style – 6th May 2016

This week we’re looking at the Small Business Exchange and the importance of small businesses doing business with other small businesses!  Statistically these sorts of SME relationships create more success and so we explore this with Director of Other People’s Data, Una Brown were explains why she is staging the Small Business Exchange networking event at the end of the month. In this week’s Money Matters we take a look at the new 0% deposit…

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