by Luther | Jul 6, 2023 | Mortgage tips, Self-employed
Orton Financial Listen to this article here A sole trader is a self-employed person who runs their own business as an individual. There are over 3.1 million sole traders in the UK, and many of them will need to take out a mortgage at some point. Getting a mortgage as...
by Luther | Jul 4, 2023 | Mortgage tips, Mortgage types, Property conditions
Listen to this article here As interest rates continue to rise, many homeowners are looking for ways to make extra money to offset their increased mortgage payments. One option that is becoming popular is to rent out a spare room in their home. There are a few reasons...
by Luther | Jul 4, 2023 | Case studies, Case Study - London, Million Pound Mortgage
Area: London Amount raised: £1.6 Million Listen to this case study here The scenario We helped a client purchase a London home for £1.4 million and refinance their second home to a holiday let, despite the challenges of high loan to value and short-term letting. The...
by Luther | Jun 28, 2023 | Case studies
Area: Northampton Amount raised: £450k Listen to this case study here. Did you know that nearly 1 in 5 mortgage applications for semi-commercial properties are rejected? The reason for this is that mortgage lenders are increasingly wary of lending money for these...
by Luther | Jun 28, 2023 | Case studies, Self-employed
Area: Reading Amount raised: £987k Listen to this case study here Did you know that self-employed borrowers are more likely to be turned down for a mortgage than employed borrowers? This is because lenders often view self-employed income as being more volatile and...