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November 2019


LV= Personal Sick Pay: an IP solution designed for riskier occupations

LV= Personal Sick Pay is their specialist income protection aimed at clients in riskier jobs who can be more expensive to insure, such as tradespeople, nurses, electricians and construction workers. It’s also ideal for clients who find it difficult to prove how much they earn, such as the self-employed or contract workers. It includes a [...]

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Want to take part in a ‘sleep out’ on the 5th December for Emmaus?

Hinckley & Rugby Building Society have arranged and are taking part in a ‘sleep out’ on the 5th December for their chosen charity Emmaus (supporting people to work their way out of homelessness, providing meaningful work, training, support and a stable home for as long as someone needs it.)   If anyone would also like [...]

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Self-Build and Second Homes criteria improvements

The Hanley Economic Building Society now accept applications for self-build projects, for a second home.   This applies with the following; Second Homes The definition of a second home is a property which will only be used by the borrower(s) for residential purposes e.g. holiday home, weekend home, future retirement property The property cannot be [...]

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HMOs the success story for landlords in Q3

HMOs the success story for landlords in Q3 2019 By Katie Newell Foundation quarterly survey of 883 landlords for Q3 2019 (via BVA BDRC) revealed that the rental yields for their HMOs, at 6.5% per year on average, far outshone the average rental yield for all property types of 5.6%. It is for this reason [...]

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Short term funding options from Crystal Specialist Finance

Whether your client needs extra funding quickly for a tax bill, debt consolidation, home refurbishment, starting a business or to break a chain; Second Charge Bridging Finance could be the solution for you. Crystal's dedicated team of experts are here to help with all of your secured lending needs and can assist obtaining funding for almost any situation or circumstance [...]

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Top tips for sourcing HMO mortgages

HMO mortgages The HMO sector has seen growing interest as changes to Buy to Let taxation have affected potential profits for landlords. Some Buy to Let investors have turned to HMOs for greater income yield and portfolio expansion. Top tips for sourcing HMO mortgages Assured Shorthold Tenancy - check the number of ASTs your client has [...]

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Fresh thinking for a new tax year

The 2017/2018 tax year saw 6/10 landlords report an increase in their tax bill, and with the average tax increase hitting the thousands, is it time to consider a new outlook for the upcoming tax changes? By tax year 2020/21 the amount of mortgage interest costs a landlord can offset against rental be zero, replaced [...]

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Could a Super LTV be right for your customer? – OneFamily

Earlier this month OneFamily re-launched an enhanced version of their Super LTV Lifetime Mortgage. Their new Super LTV product has a reduced rate and completion fee along with a free valuation for properties valued at up to £1m in England and Wales, which is welcome news for those customers who are looking to maximise on [...]

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Vida simplifies product range

Vida Homeloans Vida have recently simplified their product range for residential, Buy to Let and Help to Buy with some accompanying literature. Criteria Guide HTB Guide

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