‘The Proof of the Pudding!’

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…

The UK Commercial Property Market – Recent Trends and Outlook. A report by Shawbrook Bank.

In light of the current political climate, we would like to share the latest Shawbrook Bank report – The UK Commercial Property Market, Recent Trends and Outlook .  From reading the report you will see the message is that the commercial market sector presents a good opportunity for medium and long-term growth if professional investors…

BTL Lender Improves Criteria For Portfolio Landlords

Great news from one of our favourite lenders for lending to individuals.  The Coventry Building Society have announced some positive changes to their lending criteria for portfolio landlords. Why do we like this lender? Highly competitive rates, simple and efficient application process, great product switch facility and fixed rates with no ERC’s, the only issue…

Commercial Investment – Product improvements from Shawbrook

Landlords are increasingly looking at Semi-Commercial and Commercial Properties as Investment Opportunities due to these properties not being subject to the 3% stamp duty surcharge. For full Commercial Properties the mortgage interest is still allowable as an expense even if the property is held in a personal name. Summary of the key product enhancements from…

Portfolio Landlords

September 2017 saw the Bank’s regulator, the PRA, bring in a new series of requirements that Banks must follow when lending to portfolio landlords.   Below is a series of the common questions we are asked by our landlord clients  Why did the Bank regulator do this?   The regulator, at the time, saw a large increase…

commercial-business-mortgages

Converting Properties to HMO’s

We are often approached by property investors asking about the different funding options converting a property into a HMO. These properties are proving to be increasingly popular high yielding investments for professional landlords. For those landlords considering converting properties into HMOs, there are various financing options that are available. I have provided a comparison of…