Private Finance

Happy New Year from the Private Finance team! Wishing everyone a fantastic year ahead 🎉 #HappyNewYear

🌟 Wondering how to align your mortgage with your financial goals in 2025? 📆 As the New Year approaches, your thoughts may be turning to the future. 🏘️ Maybe 2025 is the year you buy your first home, or finally make that house move! Organising your finances is a vital part of owning a property and you'll want to ensure you're on the best mortgage deal for your circumstances. Our mortgage consultants can help you to understand your options, and accommodate financial and lifestyle changes you may have. Map out your mortgage moves for 2025 today. Reach out to our team on 0800 980 8777 or email info@privatefinance.co.uk #2025Goals #Mortgages #FirstTimeBuyer

The Private Finance team wishes everyone a Merry Christmas and all the best for the holidays! 🎄 #MerryChristmas #HappyHolidays

Speaking with the FT Adviser, Technical Director, Chris Sykes discusses Halifax's new 18-month fixed remortgage products. Chris Sykes said, “Standard fixed rates are often two-year fixes and five-year fixes, and that does leave gaps. Some lenders do three-year fixes; there’s not really any four years”. Read more insights here: https://lnkd.in/ep996SCe #FixedRateDeals #Mortgages

With 25 years of expertise, our consultants combine their knowledge and experience to secure tailored bridging finance solutions that suitably align with your needs. A 5 star review for Nathan Cole and the Shrewsbury team 🌟 🌟 🌟 🌟 🌟

Getting in the festive spirit yesterday at our London office🎄 Nothing says Christmas quite like Italian food 🍕

𝗧𝗵𝗲 𝗴𝗿𝗼𝘄𝗶𝗻𝗴 𝗶𝗻𝗳𝗹𝘂𝗲𝗻𝗰𝗲 𝗼𝗳 𝗘𝗣𝗖 𝗿𝗮𝘁𝗶𝗻𝗴𝘀 𝗼𝗻 𝗮𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆 With the push toward Net Zero targets, many lenders are exploring ways to support green initiatives. HSBC, for instance, has announced that starting December 10th, they will incorporate a property's EPC (Energy Performance Certificate) rating into its affordability calculations. This approach reflects a more tailored consideration of living costs, recognising the lower energy expenses associated with more efficient homes.   ✅Initially, we were concerned that this shift could complicate affordability calculations. If borrowers might qualify for significantly larger loans on more energy-efficient properties, this could potentially make the already challenging task of finding the right home even harder. However, after running several test scenarios, it appears that the impact on affordability is relatively modest. It is also likely that borrowers would still be limited by standard income multiples when determining how much they can borrow, despite a good EPC rating supporting their affordability calculations.   ✅This may contribute to a broader shift in house buying preferences and placing more value of a higher EPC rating, aligning the housing market with sustainability goals. #PrivateFinance #MortgageAdvice #EPC #Greenhomes

👀 Looking ahead to the 2025 mortgage market As we step closer to the New Year, we consider what changes the mortgage market could hold. 🏘️ First-time buyers We could see a surge in demand early in the year as first-time buyers race to complete purchases before the stamp duty changes take place from March 31st. However, meeting this deadline is becoming increasingly ambitious—having a reliable solicitor will be key as the clock ticks down. We expect lenders to continue their support toward helping first-time buyers onto the housing ladder. 💚 Green Initiatives Sustainability will remain a focus, with lenders navigating how best to promote environmentally friendly practices. This area holds significant growth potential. 🏠 Limited Company Buy-to-Let (BTL) More high-street lenders could enter this market, with some focusing on attracting limited company BTL landlords with around 1-10 properties. 📊 Variable & Tracker Rates Shifts in the base rate could bring a resurgence in preference for tracker mortgages. This follows a year dominated by fixed rates due to attractive future-dated pricing. What are your predictions for the 2025 mortgage market? #MortgageMarket #FirstTimeBuyers #Sustainability #PropertyMarket

We’re delighted to share this glowing review for a mortgage arranged by Daniel Smith and Maniksha Shah CeMAP. Our mortgage consultants endeavour to monitor rate movements and identify if a better solution becomes available for you. We love to help first-time buyers move into their first home, providing a stress-free and enjoyable experience. #5Stars #DreamTeam

🌟 Case Study Spotlight 🌟 Mortgage consultant, Daniel Smith, recently arranged a bridging loan on behalf of a client introduced to us by Carter Jonas. The couple needed to raise funds urgently to support a parent’s home purchase after a sudden setback - an unexpected issue had arisen, and the buyers of the original property had to pull out.   This threatened the transaction of the new property, even post-exchange of contracts and after the parent had moved in!   In need of a solution, they were introduced to Private Finance. With time of the essence, Daniel arranged a 12-month bridging loan to provide the necessary funds.   Due to the parent’s property not being registered on the land registry, we secured the loan against the son’s property, which was owned outright.   If you would like to discuss your mortgage requirements, please contact us on 0800 980 8777 or email info@privatefinance.co.uk #MortgageCompletion #BridgingFinance