The Property Blog

Hello and welcome to Apple Finance Mortgage brokers based in Wolverhampton.

If you need any advice please get in touch.

Please checkout out this page

https://www.applefinance.co.uk/mortgage-broker-wolverhampton/

https://www.youtube.com/c/AppleFinanceMortgageBrokers/videos

Thanks for reading.

#applefinance

Hello and welcome to Apple Finance Mortgage brokers based in Wolverhampton.

If you need any advice please get in touch.

Please checkout out page https://www.applefinance.co.uk/mortgage-broker-wolverhampton/

https://www.youtube.com/c/AppleFinanceMortgageBrokers/videos

Thanks for reading.

#applefinance

Hello and welcome to Apple Finance Mortgage brokers based in Wolverhampton.

If you need any advice please get in touch.

https://www.applefinance.co.uk/mortgage-broker-wolverhampton/

Thanks for reading.

#applefinance

Hello and welcome to Apple Finance Mortgage brokers based in Wolverhampton.

If you need any advice please get in touch.

Please checkout out page https://www.applefinance.co.uk/mortgage-broker-wolverhampton/

https://www.youtube.com/c/AppleFinanceMortgageBrokers/videos

Thanks for reading.

#applefinance

Hello and welcome to Apple Finance Mortgage brokers based in Wolverhampton.

If you need any advice please get in touch.

Please checkout out page https://www.applefinance.co.uk/mortgage-broker-wolverhampton/

https://www.youtube.com/c/AppleFinanceMortgageBrokers/videos

Thanks for reading.

#applefinance

https://www.applefinance.co.uk/blog/

At the moment it is no longer possible to measure house prices in Wolverhampton, or indeed the rest of the UK. The Office for National Statistics (ONS) has suspended its house price index for the moment due to lack of data. So it should all be doom and gloom right, well actually no you could be wrong.

There has obviously been pent – up demand because most of the local estate agents in Wolverhampton have been experiencing a busy period with lots of enquiries clients. Speaking from the perspective of a independent mortgage broker I too can comment that the brokerage is busy. Lots of my clients have commented that they feel now is the time to move to somewhere with more space or a garden. Do you feel now is the right time to purchase a new home or extend your current home for more floor space?

https://www.applefinance.co.uk/blog/

What are second charge loans or a secured loans?  

It is a second loan on your property so the first charge is your mortgage and the second charge loan sits beneath the first charge. So you have 2 secured financial products linked to one property.

Why now is a good time to invest in Buy to let, well rates are historically low and look to remain low for the medium term at least. Low interest rates and a flat line property market at least in Wolverhampton and the rest of the West Midlands, at the moment creates an opportunity. Property investment is still a safe investment and will continue to be after lock down has ended even if property values do dip in the short term. There is a previous article on this on the blog.

applefinance.co.uk/the-property-market-has-reopened

The property market has restarted and valuation’s and restricted viewings can re-commence subject to social distancing of course.

The effect of the property market re-opening, if you like in Wolverhampton means that now is a good time to purchase a investment property while values are at a low point and fairly flat. Why is this good news, well as long as you view property as a long-term investment then over the long term, the capital growth will add a lot of value to the property as the market returns to normal or the new normal.

Property types, popular for investment in Wolverhampton are the straight forward buy to let properties, with one family or person on a single tenancy agreement, living in a house or apartment. For the more experienced Landlord there is the shared house option also known as houses in multiple occupation (HMO) typically three to six people who are not related sharing the facility’s but each tenant having their own bedroom. Greater cashflow and higher yields plus more management work for the letting agent or Landlord.

From the mortgage brokers perspective, I can provide independent mortgage advice on a HMO mortgage or a Buy to let mortgage whether it’s a re-mortgage of an existing property. Bridging finance can also be used to obtain or refurbish and uplift a property which might as its current status be unmortgageable. If you are on a mortgage holiday at the moment you might want to read this previous article. applefinance.co.uk/mortgage-holidays