Here at Advocate Finance, a large amount of our business over the past fourteen years has been carried out without the need for face to face contact. Our testimonials themselves show how we have many satisfied clients from all over the UK. In fact, we also have several long time clients residing outside the UK.…
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The current situation has been challenging operationally from a legal perspective. The ability to complete deals slowed down temporarily but it has brought in a spirit of change as to how business is handled, and we only hope this will continue in the future. Key Changes Lenders Legal Documents – Some bridging and commercial lenders…
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With the housing market finally re-opening following government guidance, we have been looking into how the COVID-19 lockdown has affected the housing market. Advocate Finance have been keeping up to date throughout the lockdown with regular webinar attendance and a close eye on industry press releases .After a recent webinar with the Managing Director of…
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We thought we should provide an overview of how this has affected our core lenders and the products available to landlords. This is a fast changing environment and we are working hard to keep on top of the changes that are occuring daily. Aldermore – Allowing cases to proceed up to 75% LTV with the…
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We have had a lot of customers phoning up with questions relating to the Government’s recommendation for lenders to offer a 3 month mortgage payment holiday for people who will struggle to meet their monthly commitment as a result of the Covid-19 outbreak. I have reached out to a few of our typical lenders to…
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A client called us yesterday concerned about some social media posts regarding the negative impact the current situation could have on buy to let lending, asking for my opinion. As of today we haven’t had any lenders communicate to us that they are pulling back on their appetite for new lending, whether that is a…
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A new product has been launched by Shawbrook Bank aimed at helping the Professional Investor to acquire portfolios from landlords who are looking to sell because of the tax changes or simply looking to retire. The product is unique in that it can allow the purchaser to acquire the portfolio with a deposit as little as 10% of the purchase price, subject to the loan to value being 75% or less. Excluding bridging finance lenders, we are…
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This beautiful house share is the latest project by Property Point Investments and is what valuers have been commenting on as a market leading HMO. Clients of ours since 2016, we have been providing funding solutions to enable Property Point to acquire their properties which are in need of heavy refurbishment. Short term finance in…
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For the second year running, Advocate Finance have won Finance Broker of the Year at the Property Investors Awards. A team of industry experts within the property market made up the judging panel at this annual event which recognises leaders in the property investment sector. Here at Advocate Finance we dedicate ourselves to the landlord…
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We, at Advocate Finance have a passion for arranging solutions for clients’ financing requirements and are fully committed to giving our clients the best customer service possible. We believe our attention to detail and dedication to tailoring mortgages to the exact needs of the client, together with our expertise in providing solutions for all types…
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