Lending Criteria Changes For BTL Landlords

The PRA (Prudential Regulation Authority) has introduced changes for lenders, lending for portfolio landlords with four or more BTL properties, which will add to ‘stress testing’. In situ from 1st October 2017, one of the the main considerations to be assessed is the ability to service future interest rate rises. Generally, products could remain accessible [...]
Business Finance Junction – April 2013

Business Finance Junction – April 2013

The automatic Escalator Tax (alcohol and cigarettes) which was to be applied this month (by at least 2% over inflation until 2014) was removed for beer in the recent budget.  CAMRA had been vocal in pointing out that beer duty has risen 42% since 2008, the beer industry had cited the tax as reason for [...]
June 2011 Noteworthy News

June 2011 Noteworthy News

The health status of micro and small businesses  improved , according to Experian’s April Insolvency Index which revealed that 0.55% fewer UK companies become insolvent, 1,808  in number (0.10% of active businesses), compared to the  same period last year. There has been an increase of 4.44% year-on-year amongst medium sized companies, whilst the big boys [...]