You may have been unfortunate enough to be expecting development finance from the Peer to Peer lender, Funding Circle. By now, you should have heard that they are no longer willing to fund developers or their projects. In fact, they are pulling out of property completely. This could leave you with a problem – where […]
News
House Prices January 2017
The Halifax has reported that house prices slowed in January 2017, compared to December 2016. The average house is now worth £220,260 which shows a rise of 5.7% for the last 12 months, down from the previous figure reported at 6.5%. The Nationwide has also reported a slowing of growth, though that is not necessarily […]
The Rise Of Limited Company Buy To Let
With tax changes for buy to let landlords in April 2017 it is expected that more and more will be setting themselves up as a limited company. This is, of course, with the aim of becoming more tax efficient. The mortgages for business index also suggests that landlords are transferring existing portfolios into companies, reducing […]
Using A Broker 2017
We know there are plenty of people out there that don’t think brokers are needed. They can make a few calls and send a few emails to get a bridging loan arranged. That may be true. If you are experienced in the market, have contacts in various lenders and know the pitfalls you could be […]
Happy New Year
We wish all our clients best wishes for a healthy, happy and prosperous New Year. 2017 is already well under way and we expect that most of you are focused, looking forward to giving the next 12 months as good a chance of success as possible. Volo FS can help play a part in that […]
If they don’t build when they’ve got planning permission..
…25% of the UK respondents to a Whathouse.com survey, want Property Developers Penalised. Other facts and figures gathered by whathome.com showed that 22% want the planning process made simpler with another 22% saying they want council houses to be not be sold through the right to buy initiative. It was found that 56% of respondents […]