Recent Posts

  • Bridging Finance Explained

    Image result for bridging loansIf your line of work involves property acquisition and development, then you know how important speed is within this industry. A good deal may come out of the blue, but it can disappear just as quickly. As such, to be successful in this profession, you need to be able to react as fast as possible when an excellent deal presents itself.

    So, to be able to act on a good deal, you need to access quick financing. Without it, you will find yourself kissing goodbye a lot of great business opportunities. Luckily, bridging finance can provide you with the quick funds you require to make sure you do not miss out on that deal that’s going to bring you a lot of income.

    What is Bridging Finance/Loans

    Bridging loan or finance is a short-term loan, between 2 weeks and 12 months and is secured on land or property. Such loans are used to “bridge” a gap between debt coming due and the main line of credit that will be available. They are usually used to resolve pressing matters.

    Surprisingly, bridging finance is a simple and straightforward process. The financing you get is based on the value of the property you own. Bridging loans are not only fast, but they can be very flexible. In terms of repayment and interest rates, you’ll be able to choose what will work best for your situation. Since bridging finance can be secured fast and with favourable terms, it has become a popular option among property specialists.

    One of the best things about these loans is that you have control over the broker you choose. Since you are not tied to a particular institution, you can freely explore your options and locate the broker that will offer the best deal. Since most firms know that they have to compete, you will usually have the leverage to secure the terms that are ideal for your business.

    The amount you can get from a bridging loan is usually based on the value of your property or properties. However, that does not mean that the figures are set in stone. There’s plenty of room to negotiate. As a matter of fact, different brokers have varying techniques for assigning a value to your property. Some prefer to utilise an Open Market Value while others stick to the Restricted Sale Value. If you’re able to get a substantially favourable valuation with any of the methods, you’ll be able to shop around for brokers that are comfortable with that valuation technique.

    Once you identify which bridging loan broker you wish to work with, you will then be able to lay down the specific terms of your arrangement. You will not only be able to negotiate the valuations as well as the amount you want, but also the repayment terms and the interest rate for your financing. Since your situation will present specific needs, you can ensure that they are met. Taking advantage of bridging finance will not only allow you to control the terms of your financing, but you will be able to secure the loan in a short period.…

  • Tips For Heating And Furnace Repair St Louis MO

    Image result for heating and coolingIf you are in need of Heating And Furnace repair St Louis Mo residents trust, then you will have to do some research before you hire a contractor. Otherwise, who knows if you will get a dependable person arriving at your home. It is always best to spend some time looking into your options before investing your hard earned cash.

    The first thing that you should do is get the information from your unit regarding the manufacturer and the model you own. You might have a serial number, date on which it was built or installed, or other types of data located on the unit that will help the repair company.

    The reason that you want to have the information before you contact them is so that you can make sure that the company will be able to service your HVAC unit. Remember that each of the heating repair companies out there service particular types of units. Within those types, you might find ones that focus their efforts on particular brands. You certainly don’t want to have a tech come to your house only to inform you that their company cannot assist you. Even if you are not charged for the visit, you are wasting valuable time and sitting in the cold while you wait!

    Once you know what type of heating unit you have, you can go online to find a Heating And Furnace repair St Louis MO company that services those types of units. Ideally, you will have a list of at least four or five places that you can consider hiring. The more choices you have available to you, the better off you will be.

    Once you have the list, check out the websites for each of the companies that you have written down. You will want to see how professional the site looks and read the information provided. How long has the business been in operation and what types of qualifications must the providers have? Do the employees go through a background check and do they have special licensing requirements?

    You want to know that the people who are coming into your home to service your heating furnace unit are going to be dependable. Not only should they know how to do their job well, each member of the team should undergo a background check to ensure that you do not have dangerous criminals working in your midst.

    Although you may think that you do not have the time to spend looking into these companies, the reality is that you cannot afford not to do this. If you hire a contractor who does not have an established reputation, you could end up getting ripped off for hundreds or even thousands of dollars.

    Not only will you be out that money, you will still need to repair your furnace and still be sitting in a cold home. You owe it to yourself to research your options and find a great repair company for your needs today!…

  • The Best Way To Find A Frisco Electrician For Less

    Locating a reputable electrician can be done very easily today. In the past, when you only had access to the Yellow Pages, it was difficult to assess which one would provide you with the best deals and services. Today, people are able to provide their feedback online so that everyone else can see what type of services that actually provide. You will want to go to Google, or perhaps one of the other search engines, and find this public feedback. Here is how you can evaluate this information so that you will have the best Frisco electrician out to your location so that they can complete your job for less.

    What Type Of Electrician Do You Need?

    You must first decide what type of electrician you actually need for the job. The more experience they have, the more expensive they will be. For example, if you are simply doing troubleshooting of your electrical system at home, you can use an apprentice electrician because they will know what to do because it simple. If it is a more complex job that will require wiring portions of your home, then you will definitely want to contact a journeyman electrician. These are individuals that have several years of experience, working under a master electrician, an individual that is able to monitor multiple electricians on larger jobs. If you have a job that requires a master electrician, it is likely industrial or corporate in size. They may have to coordinate the efforts of multiple licensed electricians at your facility, or even at multiple facilities, making sure that every job is done right.

    How Do You Find These Electricians Quickly Online?

    You can locate these electricians very quickly on the web. As mentioned before, you will find public feedback. This is going to help you narrow down your search, and if you are using the Google local listings, simply pick the top three that you see at the top of the listings. Once you have contacted these companies, or individuals, you can get an estimate or quote from these professionals. This will probably take a day for them to come out, write up the estimate, and send it back to you that you can make your final decision.

    Locating a Frisco electrician really is that easy to do. It is something that can be done in a matter of minutes. Of course, you will have to wait 24 hours for your estimates to come back in in most cases, but shortly thereafter, you can choose the one with the lowest price. As long as they have positive feedback, and they are at the level that you need, hire them right away. They are likely very busy, so schedule your time with them as soon you can so that you can complete your project on schedule.…

  • Shared Ownership Essex

    Try Shared Ownership Essex To Purchase Your First Home

    Shared ownership is a government backed initiative that helps individuals such as first time buyers to get onto the property ladder. Shared ownership Essex means that you can purchase a share of a property so you can begin owning a home, and rent the rest, however you will have the option of purchasing a larger share of the property at a later date once everything has been sorted. To be eligible for shared ownership you need to at least 18 years of age, and not able to purchase a property which is suitable to your needs on the open market and as well as you need to be a first time buyer or a shared owner, although there are some other circumstances which are accepted depending on your situation. Finally your household needs to be under £60,000.

    It may work out that the option of paying for your rent and mortgage is cheaper for you than purchasing a property outright, that is why it’s important that before deciding whether to go into shared ownership you should spend time working out all of the comparisons and other calculations. An independent mortgage advisor can help you withal of this as they have plenty of experience in this field and will be able to help you work out what’s best for you. When you’re doing this make sure that you consider other costs which will be included such as the deposit for your mortgage, legal fees and mortgage arrangement fess, as these can have a major impact when it comes to which is more cost effective and ideal for you. The process of getting a property with most housing associations can be done in three steps. The first step is usually to register your interest with them, this is so that they can send you homes which are available and that meet your requirements. Then you will go on to view the home as long as you meet the criteria and some may allow you to reserve the property. The final step is to appoint a solicitor and arrange a mortgage, however if you’re going to be renting the property you will be informed of your anticipated tenancy start date. When you’re purchasing shares of the property you can purchase as little as 10% per transaction, the problem with this is that with most housing associations you will only get three transactions and if you want to gain 100% ownership, you have to do it within those three transactions. The cost of your next share will all depend on how much your house is currently worth, at the time. If your property goes up in value then your share will cost more than your first share, but if the value has gone down then your share will be cheaper than your previous shares price. If you own all of your property you can sell it yourself, but once up for sale the housing association will have the right to buy it back first; however if you only own a share then the housing association will choose a buyer. The shares you purchase as part of the property will be purchased at current market value.

    The cost of your next share will all depend on how much your house is currently worth, at the time. If your property goes up in value then your share will cost more than your first share, but if the value has gone down then your share will be cheaper than your previous shares price. If you own all of your property you can sell it yourself, but once up for sale the housing association will have the right to buy it back first; however if you only own a share then the housing association will choose a buyer. The shares you purchase as part of the property will be purchased at current market value.…

  • Houses For Sale South East London

    Buying One Of Many Houses For Sale South East London

    South East London has 5 different boroughs. These boroughs are Southwark, Lewisham, Greenwich, Bexley, and Bromley. There are a huge variety of houses for sale south east London for you to choose from these include small bungalows and apartments ideal for about 2 people, there are larger 4/5 bedroom homes ideal for families, and also your more traditional 2 and 3 bedroom homes ideal for couples and smaller families. Several of the houses for sale SE London, have been recently built which means they have a modern look to them. There are many benefits of choosing to live in one of the houses for sale south east London. A big pro would be that London is a cultural hub, there are many different museums and galleries you can visit, plus each year the city holds around 250 festivals; As well as over 17,000 theatrical performances.

    It’s easy to get around via public transport, this is due to an underground and over ground rail network, and they also have a regular bus service and night bus service so you can away get around. You are able to check live bus departures on different apps to make sure you’re always on time. It’s even seen as one of the greenest cities of its size and has the largest urban forest in the world. It has over 3,000 parks, 65,000 woodlands and 3.5 million gardens; which cover about 40% of the cities surface. It also has plenty of iconic sights and beaches nearby such as Brighton is an hour away, Bournemouth is two hours away and Thorpe Park an exceptional thrilling theme park filled with exciting rides is only one and a half hours away. It’s also a great place to start a business, it’s known as one of the top ten places in the world to start a business. There is plenty of free support available if you choose to do this.

    There are so many unique and stunning available homes in south east London to choose from, some of these will offer individuals the option of shared ownership. Shared ownership means that you will be able to own a share of the property and then pay rent for the remaining share of the property which you don’t own. Shared ownership is a government backed initiative which helps people to get onto the property ladder; this is mostly aimed at first time buyers. When it comes to shared ownership with Moat Homes you will be given the option of purchasing larger shares into the home in the future, this process is called stair casing. People may choose to stair casing as it will reduce the rent that they pay and because when it comes to selling your home, the bigger the percentage of the property that you own, the more profit you will make from it if the value of your home is increased. You can purchase as little as a 10% share per transaction; the problem with this is that Moat Homes limit you to a maximum of three transactions. This means that if you want to have complete ownership of the property you need to achieve 100% ownership by your third transaction. To be eligible for shared ownership, you will need to be at least 18 years old, be a first time buyer, however under some other circumstances which housing associations will allow you to go through with shared ownership depending on your current situation. Your household income must be less than £60,000.…

  • shared Ownership Greenwich

    Could You Benefit From Shared Ownership Greenwich

    Shared ownership means that you will own a share of the property but you will have to pay rent for the remaining share of the property, you will however be able to purchase a larger share of the property in the future. It is a government backed initiative which helps individuals such as first time buyers to get onto the property ladder. There are several benefits of shared ownership such as it is a much more affordable way of getting onto the property ladder, you will be able to sell your share whenever you want and the housing association is responsible for the maintenance and repairs of the property. Learn more about shared ownership Greenwich.

    Moat is a fantastic association which currently employs over 300 people and provides individuals with homes in thriving communities in the South East of England. They have been doing this for over forty years and are now seen as a leading housing association and take pride in what they do. They have a search facility on their website which you can use to browse through the homes which are available for shared ownership Greenwich sale and rent. They always make sure to frequently up date details of properties available on their website, so you will have all the information you need to find the home that’s right for you. They have properties which are available in counties such as Essex, Kent and South East London, plus Boroughs such as Greenwich and Maidstone. Choosing to go with shared ownership Greenwich means you will begin by only owning a percentage of the property, although you do have the option of increasing your share of the property at a later date. You will be able to buy a minimum of 10% per transaction, although you’re limited to three transactions, therefore you only have three transactions to gain complete ownership.

    It could work out that paying for rent and mortgage is cheaper than buying a property outright. You may want to spend some of your time working out all of the different costs which will be included; you could get an independent mortgage advisor to help you with this. Some of the other costs which will be included will be the deposit for your mortgage, legal fees and mortgage arrangement fees. They don’t provide the mortgage only the property; you will have to sort this with a high street lender. To be eligible for shared ownership Greenwich, you need to be at least 18 years of age, you need to be a first time buyer or already be a shared owner; however there are certain circumstances which depending on your situation will allow you to still be eligible for shared ownership Greenwich. You mustn’t be able to purchase a home which is suitable for your needs on the open market and you’re household income must be less than £80,000 or £90,000 if you’re in the London Borough. The process will begin with you registering your interest with them, this is so you can be added to their mailing list where they will send you properties that are available. Once you find a home that you’re interested in and meet your needs then you will be able to view the property. The final step is the purchase process; this means that if you manage to successfully be allocated a home to purchase, then you will need to appoint a solicitor to arrange a mortgage. If you’re successfully allocated a home to rent, then you will be informed of your anticipated tenancy start date.…