INTRODUCTION TO LATER LIFE LENDING
Later Life Lending has continued to grow in popularity amongst UK homeowners as increasing numbers of borrowers seek long-term solutions. In 2022, the lifetime mortgage market represented £6.2 Billion of lending and this figure is expected to continue rising as we, an aging population, seek to release wealth that is ‘locked-up’ in our home. In […]
WHY BUY-TO-LET STILL OFFERS OPPORTUNITIES TO INVESTORS
Blog by Mark Harris Chief Executive of SPF Private Clients. Buy-to-let has long been a popular investment for those looking for an alternative to savings, investments or pensions, with many investors relying on property to supplement their income in retirement, alongside a traditional pension. While it has been a difficult few years for landlords with a raft […]
BANK OF ENGLAND VOTES TO RAISE THE BASE RATE TO 4.25 PER CENT IN MARCH 2023
The Bank of England has increased the base rate by 25 basis points to 4.25 per cent. It is the Bank’s 11th consecutive rise and comes on the back of the surprise increase in consumer price inflation (CPI) in February to 10.4 per cent, after a fall from 10.5 per cent in December to 10.1 […]