The importance of Yields in property investment

What are yields and why are they important for property investment?  The yield of a property is the annual rental income, expressed as a percentage of the total value of the property. To put it simply, it is the annual rent compared to the total value of the property.   For example, a property with a value of £300,000 with an annual rental income of £15,000 would…

Have you paid too much stamp duty?

  Here at Advocate Finance, we have teamed up with a specialist tax adviser in obtaining stamp duty relief that could be available to you, but not necessarily fully understood by solicitors. There are many circumstances where a stamp duty land tax (SDLT) refund may be applicable in relation to a historic purchase of property…

September 2021 Interest Rate Update

  The following rates are the market leading rates which we have access to. The lowest Buy to Let rate in the market we have access to is 1.19% for an individual borrower at 60% LTV. The following rates are for Limited Companies which the vast majority of professional landlords are now borrowing within. Contact…

Your Free Credit Check

Free Credit Check and How it can Help your Adviser  For many investors, credit files can cause issues when trying to obtain property finance and mortgages. Adverse credit in lenders eyes is a red flag when deciding on whether to lend to an individual or not, so obtaining a full credit report can help us…

Geographic Yield Analysis

Introduction The purpose of this research was to identify the average yields within the different areas of the UK. Our research also aims to demonstrate the difference in yield between certain property types. This helps allow the applicant to identify if they are paying/offering a realistic price to purchase a property and, very importantly, what…

Keeping our clients and staff safe

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.…

Legal information update – effects of Covid-19

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…

Will Coronavirus Stop Lenders Lending?

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…