Property

Beware the SDLT Trap!

Purchase a second residential property and you pay a 3% Stamp Duty Land Tax surcharge. If this second property is for your own residence and you sell your current home within three years you can reclaim the surcharge. “Straightforward” you may think. In practice danger could be ahead.

Buy to-let Bashing

I’m often asked what it has been like to be operating on my own instead of under the national franchise umbrella which sheltered me for nearly 20 years. Well after five years of being completely independent I think the answer lies with the client response.

Deal of the Month – Dutch Courage

Our client is a young Dutch entrepreneur running a retail and wholesale business in the UK. His activities have recently grown rapidly after he developed his own importing business and he wanted to buy a commercial warehouse unit to hold his stock

The Buy-to-Let Roller Coaster

What a ride 2015 has been for landlords owning residential investment property, or wanting to do so.

The Short Term Waltzer

Now the art of enjoying the Short Term Waltzer is to know how long your ride needs to be and to make sure you are ready to get off when you should. If you don’t plan your exit properly you can get quite sick!

The Mystery Tunnel of Residential Mortgages

Gone are the days when applying for residential mortgages was a straightforward process! It is quite amazing how complicated lenders can make it all.

The Commercial Lending Space Ship

There’s a steady queue for this ride. Now the economy appears to be steadily improving, business people are looking for lift-off.

Loan Wars? Only on price …… and only sometimes

The demand for mortgages for house purchases has slowed down so the lenders are dropping their prices. Five year fixed rate deals can be had at less than 2.0%! This is jolly exciting if you are a problem –free applicant buying a new home or if you are on a lender’s standard variable rate and want to remortgage. But what about everyone else?

Tip of the Month: Auction Finance

Organise your business finance in Derby and Derbyshire before you go to auction and if there’s any doubt that your source will deliver, come to me first!

Options, Options, Options…

Economic analysts report that the value of useful commercial property is about to rise and the Government has relaxed planning rules for change of use on many redundant buildings. Also, finance for commercial property is readily available but it is not the high street lenders who are providing most of it.