Neil Patterson

Bank of England report good news for a change

Bank of England report good news for a change...

I have been attending the Bank of England quarterly seminars since 2007 and was completely flummoxed by the opening statements reporting good news for a change. They are confidently predicting consistent...

Funding for Lending scheme changes allow BuytoLet investment

Funding for Lending scheme changes allow BuytoLet investment...

The Bank of England Funding for Lending scheme will now allow Small and Medium sized enterpises (SMEs) to lend the money available on to property investors. The Funding for lending scheme has been extended...

Holiday Lets purchased using commercial finance on the increase

Holiday Lets purchased using commercial finance on the increase...

Members of The National Association of Commercial Finance Brokers (NACFB) have reported a steady increase in Holiday lets being purchased using commercial finance along with the number of lenders and products...

Awaiting FSA second response to Bank of Ireland differential increase

Awaiting FSA second response to Bank of Ireland differential...

Martin Wheatley the current head of conduct at the Financial Services Authority (FSA) has been strongly criticised by the Treasury Select Committee (TSC) for the FSA’s response to the Bank of Ireland...

Switch to a BuytoLet mortgage within six months of purchase

Switch to a BuytoLet mortgage within six months of purchase...

New commercial finance facilities are offering the option to switch bridging finance to a  BuytoLet mortgage within the normal 6 months period other lenders require you to wait. Borrowers are now able...

The 2013 Budget and how it affects Landlords and property Investors

The 2013 Budget and how it affects Landlords and property Investors...

The 2013 Budget is hoped to boost the housing market and construction industry. Yesterday Chancellor George Osborne announced new plans to help people buy their first homes homes with the Help To Buy Scheme...

BuytoLet Lender BM Solutions allows Student and Benefits tenants

BuytoLet Lender BM Solutions allows Student and Benefits tenants...

BM Solutions relaxes its BuytoLet lending criteria to allow landlords to rent to students and benefit claimants It was recently reported that BM Solutions was looking at changes to its BuytoLet underwriting...

Lending Criteria to Consider when Purchasing a Buy to Let Flat

Lending Criteria to Consider when Purchasing a Buy to Let Flat...

I had a question concerning this from our reader Dan today, but many Buy to Let investors I talk to are unprepared when looking to purchase a flat about considering what lenders will take as suitable security.

Development Finance Terms and Criteria update

Development Finance Terms and Criteria update...

We are working with a range of dedicated Development finance lenders for our readers to get the best criteria terms and conditions available in the current market. The Lenders are all long established...

Negative Interest Rates a possibility?

Negative Interest Rates a possibility?

Paul Tucker the deputy Bank of England governor has told the Treasury Committee that negative interest rates should be considered. A negative interest rate on bank reserves held at the Bank of England...

Shawbrook Bank the common sense lender

Shawbrook Bank the common sense lender...

Our preferred commercial finance broker Cliff Verrill reports that Shawbrook Bank are driven by common sense not bureaucracy looking for ways of saying yes to clients and not the often received “computer...

Shawbrook Bank slash arrangement fees and rates

Shawbrook Bank slash arrangement fees and rates...

Shawbrook Bank specialists in commercial and BTL finance have reduced their arrangement fees to 1.70% a saving of 0.80%, and their rates by up to 0.60% across their term product range. Big advantages Shawbrook...

Short-Term and Bridging Loans Directory

Short-Term and Bridging Loans Directory...

The Bridging Loans market has become popular with many new niche lenders competing with the big banks for your business. This competition can only be good for price, customer service and lending criteria.

Commercial Finance Loan Directory

Commercial Finance Loan Directory...

The Loan Directory is a regular feature publishing examples of the most competitive and frequently used products in the commercial market to help readers identify possible funding facilities for their...

Development Finance Loan Directory

Development Finance Loan Directory...

The Loan Directory is a regular feature publishing examples of the most competitive and frequently used products in the commercial market to help readers identify possible funding facilities for their...

Mark Alexander – Keynote Speech Video

Mark Alexander – Keynote Speech Video...

My business partner and Founder of Property118, Mark Alexander, recently gave a 20 minute keynote speech to a group of start up technology businesses based in Norfolk. In this video (below) Mark explains...

New Bank of England Governor a Dove or a Hawk

New Bank of England Governor a Dove or a Hawk...

The appointment of Mark Carney as the new Bank of England Governor is the first time in the Bank’s 318 year history that a foreign citizen has taken the position, and the first time that the role...

Bank of England Inflation Report November 2012 – OMGDP!

Bank of England Inflation Report November 2012 – OMGDP!

The Bank of England Inflation Report November 2012 shows the growth of GDP for this quarter at 1% behaving entirely as predicted. The 1% growth is made up from a 0.5% bounce back from last quarter’s...

BuytoLet Mortgage Calculator Update

BuytoLet Mortgage Calculator Update...

The BuytoLet Mortgage Calculator has recently had every product and lender listed checked and updated. From my observations doing this on a regular basis I can tell which direction the BuytoLet mortgage...

Green Deal Referees required by Mark and Neil

Green Deal Referees required by Mark and Neil...

Mark and I have worked together since 2003 and have very rarely fundamentally disagreed on a subject, but the Green Deal has split us down the middle with myself being very pro and Mark against. I am writing...

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Monday 7th February 2011

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