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Using Secured Loans Instead of Bridging Finance
Aug 3, 2012
We’ve recently had a few deals that started out as Bridging Loan inquiries but ended up as Secured Loans. While this isn’t a unique or unprecedented occurrence it is happening more frequently recently and the circumstances around the deals seem to share some similarities so we thought it was worth mentioning in a Blog.
A mortgage price war
What has long been suspected has now been formally confirmed: GE Money have become the first lender to publicly state that they will refuse mortgage applications if the client has taken one payday loan in the past three months or more than two in the past twelve months, even if they were fully paid off in time.
Historically getting a Buy To let mortgage has meant that you need to have a near flawless credit history.
French Holiday Home tax planned
Jul 5, 2012
The French change tax laws on foreign property ownership.
Set aside the hyperbole and faux outrage from the tabloids and read what really happened with the LIBOR manipulation "scandal"
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Choice Blog
"An investment in knowledge pays the best interest." - Benjamin Franklin.
From personal finance, to funding options, the Choice Blog is full of news, updates, tips and helpful information. Read our latest posts to keep up with the funding options available to consumers and the broader personal lending environment.
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What do lenders consider when arranging secured loans?
Last post: Sep 20, 2018
Once upon a time, a payslip, a valuation and quick credit search were all that was required to arrange a secured loan (second charge mortgage). Today processes and regulations are, quite rightly, much more stringent.
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Create a financial plan which shows your prospective guarantor that you’re able to take responsibility for your loan. These helpful tips will help you present your finances in a clear, convincing way.
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Could the “50/20/30 Rule” save you money?
Last post: Sep 27, 2018
Are you looking to boost your budget and nurture your savings? Committing to a rigid plan can be a helpful way to get serious. The 50/20/30 rule is one popular option which many savers swear by.
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