The Rising Costs of Mortgages
Mortgage costs rose sharply in 2023 as higher inflation prompted the Bank of England to raise the Bank Rate. That affected tracker, variable and new fixed-rate mortgage pricing. Many fixed-rate borrowers were protected at first, but faced higher payments when their deals ended. This article looks at why mortgage costs rose, how the market changed, […]
About Bridging Loans
About Bridging Loans: How Short-Term Property Finance Works A bridging loan is not just fast money. It is a short-term decision made under pressure. That pressure may come from a delayed sale, an auction deadline, a broken chain, or a property that needs work before it can be refinanced. The principle is simple. A bridging […]