by Luther | Feb 3, 2025 | News
Upcoming UK Base Rate Review: Global Context and Implications As the Bank of England gears up for its next base rate review, scheduled for February 6, 2025, the global economic landscape is experiencing considerable changes. Recent meetings of major central banks have...
by Luther | Dec 10, 2024 | Case studies, Case Study - London, Mortgage types, Property conditions
Area: London Amount Raised: £500k Raising finance on buy-to-let properties situated above commercial premises is always a challenge. This is primarily due to the potential disruptions these properties can cause, which reduce the resale market and present a higher-risk...
by Luther | Dec 5, 2024 | Case studies
Client Background: Broker: Luther Yeates, Orton Financial LTD Property: Second residential home Purchase Price: £705,000 Down Payment: £70,500 (10%) Loan Amount: £634,500 (90% Loan-to-Value) Loan Type: Fixed-rate mortgage – tracker options are available...
by Luther | Dec 5, 2024 | Case studies, Mortgage tips, Mortgage types
Client Background Luther Yeates, a broker at Orton Financial LTD, was approached by a client seeking to purchase a new residential property. The client had created his own cryptocurrency, with all his income and assets held and derived from this cryptocurrency. His...
by Luther | Oct 6, 2024 | BTL, Mortgage tips, Mortgage types, Property conditions
Understanding the Article 4 Area An Article 4 area is a designated zone where additional planning controls are in place to manage the conversion of residential properties into HMOs (Houses of Multiple Occupancy). This is often done to prevent over-saturation of HMOs...