Industry news and views from Panacea and our partners.
Mortgages_
Overseas Buy-To-Let
Recessions can often offer opportunity and currently a number of countries have both residential and commercial properties that clients can purchase to rent and utilise the possible investment returns.
Underwriting issues for European mortgages
Despite the tricky financial climate we live in, scores of Brits are still taking the plunge and either emigrating, or buying a second home abroad. However, if you wish to raise a mortgage to purchase your overseas property there are many different underwriting obstacles you may come up against, according to overseas property and mortgage expert Simon Conn.
Hodge Lifetime - Interest Rate change notification, for Lump Sum and Flexible Lifetime Mortgage
The rates for our Lump Sum and Flexible Lifetime Mortgages will be reducing on Monday 1st February. - Lump sum lifetime mortgage new rate 5.39%(AER) - Flexible Mortgage Option new rate 5.44%(AER) Our Lump Sum and Flexible Mortgages benefit from the following features:
Could the overseas property market be more attractive to UK purchasers in 2016?
The overseas property market has always been of interest to investors and people buying a future retirement home. But with the UK buy-to-let market becoming more costly in April because of the UK Governments proposed tax increases, overseas property and mortgage specialist Simon Conn believes buyers could be considering more seriously other international destinations in 2016.
Intelliflo: Penguin Slalom Challenge
Take the Intelliflo Penguin Slalom Challenge! Slalom down the slopes for a chance to win £50. Click here to play now!
Simon Conn: Think carefully before buying a business abroad
Overseas property and finance specialist Simon Conn is warning people who are thinking of setting up or taking over a business abroad to do their research before taking the plunge.
Aviva: Limited time only! Equity Release fee down to £5
Clients can now save £595 on our Equity Release fee. Visit Aviva for Advisers to download our client friendly flyer now and share the good news with them!
OneFamily: Mortgage Roundtable discusses Funeral Time Bomb
Join our panel of industry experts as we discuss the protection needs of the over 50s, the pension freedom changes that came into place April 6th, and the key findings of the headline grabbing ILC-UK funeral time bomb report.
How to avoid some of the common pitfalls of buying overseas
With the summer holidays in full swing, you may return from abroad and think wistfully about your holiday and maybe even buying a property overseas. If so, you are not alone.
Scottish Widdows: 2015 Protection Report - Mortgages
The Mortgage Market Review (MMR) has changed the house buying landscape. Greater scrutiny over lifestyle and expenditure means a new generation of homeowners are far more aware of the way they spend their money.
FEIFA: Spotlight on buying a property in Monaco
Monaco is known as a playground for the rich and famous due to its combination of warm Mediterranean weather, tight security and of course, the advantageous tax system it offers its residents, all of which support the Monaco property prices.
Hodge Lifetime Intermediary guide for the Retirement Mortgage
The Retirement Mortgage from Hodge Lifetime has filled the gap between the residential mortgage market and the traditional roll up equity release market.
How people over 60 are treated in different countries when getting a mortgage
Overseas property expert, Simon Conn, believes UK mortgage lenders are becoming ageist now that they have decreased their maximum age limits on lending from 80 or 85 to just 70 years old.
Panacea Guide to Specialists Mortgages
This free guide details how the mortgage market is changing and opportunities available.
Feifa: Do you know what you are signing when purchasing an overseas property?
With many people hunting for the dream property abroad at this time of year, a salutary warning has been issued to have a proper translation of contracts. Simon Conn is an overseas property and finance expert and has been in the business for 35 years. Hes heard numerous horror stories about people who were relying on smartphones, websites and foreign language students to carry out the translation of their legal contracts.
But which is the stone that supports the bridge?
There are plenty of niches within the mortgage finance arena but there are perhaps few with as mixed a reputation as that of the bridging loan sector. The metamorphosis of the bridging loan market from a rather underwhelming, but necessary, form of finance predominantly used when purchasing at auction or to free up a chain, to a seemingly all-encompassing product which is used in an increasing number of transactions has without doubt taken place over the past five years or so.
I have nothing against buy-to-let, but .
With the ability to withdraw the total value of a pension in cash almost a reality, I've become really concerned at the number of people (including many who should know better) who are intending to cash-in their pension funds and invest the proceeds in property.
Hodge Lifetime five year fixed rate reduced by 0.36%
Hodge Lifetime has reduced the interest rate on its retirement mortgage with a five year fixed rate now 4.39%.The overall cost for comparison is 4.7% APR*.
Milk and Honey
Most Governments of the recent past have tried to paint the UK as the land of milk and honey when it comes to being business friendly. Certainly, the current Coalition, mostly driven by the Conservative Party it has to be said, has placed a lot of eggs in the business basket over the past five years. Smaller to medium-sized firms have been a key demographic and there have been a number of initiatives and tax-friendly incentives dished out particularly in recent years in order to cosy up to this part of the electorate.
Hasta la vista, baby
Having until the end of 2012 owned a home in Spain for almost 10 years, I along with many others who have had the same experience will certainly know that the rain in Spain does not stay mainly on the plain.
Mortgage Brain: Mortgage rates fell by up to 41% in 2014
Figures released today from Mortgage Brains quarterly product data analysis show that some mortgage rates fell by as much as 41% during 2014.
Mortgage Brains Give it a go events launch.
Give it a go events. Featuring MortgageBrain Anywhere, our new totally online sourcing system.
Mortgage Brain: Are you one of the few brokers without a website?
We all confess to checking out items and companies online before committing, and your customers are no different.
Won't you please, please, please help me?
Rewind back two years and you would have found very little optimism amongst many would-be first-time buyers that they were about to get a first foot on the property ladder anytime soon.
Mortgage Brain: Ultimate flexibility = our suite of whole of market sourcing products.
Online? Offline? On your iPad, PC or Mac or all three? In your office? Out of your office? You choose! Source any which way, wherever you are and on whichever device you want.
Mortgage Brain: Mark Lofthouse Blog Mortgage sourcing systems its all about accuracy
Since the first mortgage sourcing system was built in 1986, their capabilities, not to mention brokers attitude towards them, has changed out of all recognition.
Life in the old dog yet
From a point where many thought the market might never recover, second-charge mortgages have (some might consider) produced a Lazarus-like resurrection particularly over the course of the last 12-18 months. This was a sector which, immediately post-Credit Crunch, was not just considered the black sheep of the mortgage family but was cast out and thought never to be able to return again.
Mortgage Brain: Compliant with less admin a dream?
If you are drowning in paperwork instead of writing business, we can help: our easy-to-use, secure CRM and compliance system, the Key, will securely store all your client data and provide compliant audit trails on all your cases.
Mortgage Brain: Win your business a badge of excellence
Compete for the highest recognition in your industry The ESTAS for the Independent Mortgage Broker!
Mortgage Brain: Still chance to squeeze on to our last FREE Mortgage Vision event 26th November in Leeds.
Our events have proven very popular again this year so hurry and book; we now have limited places available for our final FREE Mortgage Advisor Mortgage Vision event 26th November.
Mortgage Brain: Keeping track of all your cases, safely with the Key
The market is picking up at a rate of knots and having to manage many cases can be a challenge, even more so if you were to lose your data.
Free Mortgage Vision event places limited.
Our October and November events have proven very popular again this year. So youll need to hurry to book, we now have limited place available for our FREE Mortgage Advisor Mortgage Vision events during November.
MortgageBrain Anywhere. Totally online, whole of market sourcing.
Get your champagne glasses out to welcome the latest addition to the Mortgage Brain sourcing family truly flexible whole of market sourcing on the internet, MortgageBrain Anywhere!
Mortgage Brain launches revolutionary online sourcing system
Mortgage Brain, the multi award-winning mortgage technology solutions provider, has announced the launch of MortgageBrain Anywhere, its revolutionary online mortgage sourcing system.
Mortgage Brain: Happy Anniversary MDay
It is almost ten years since MDay, or Mortgage Day. On 31st October 2004 the FSA introduced massive regulatory change and the way mortgages were sold would never be the same again.
The blame for pain lies mainly in....
The buy-to-let market is never far from the headlines given there are still some deluded individuals out there who believe renting out property is some sort of get rich quick scheme that requires no investment, resource, planning or brains.
Mortgage Brain: High demand for Mortgage Vision 2014
Mortgage Brain has seen an exceptionally high demand for places at its 2014 series of Mortgage Vision events with hundreds of brokers already pre-registering to attend one of the eight nationwide events.
Mortgage Brain blog
As a previous winner of the BEST TECHNOLOGY PROVIDER category, please give us the thumbs up!
Mortgage Brain Blog
All the sourcing and sales processing power you can handle with ALL NEW MortgageBrain & the Key.