Cardiff-based property financier Kingswood Associates is calling on landlords to release equity from their properties before it’s too late. It says it has become harder for them to refinance because of the credit crunch. John Phillips, managing director of Kingswood, says: “As the market tightens landlords must raise the finance they need quickly.” He adds that by using the equity built up in recent years landlords can grow their portfolios as prices fall.
A private equity consortium is being formed to examine a bid for the Royal Bank of Scotland’s insurance assets, reports claim today.
Promise Finance became the latest victim of the credit crunch last week after it went into administration late last Friday evening, shedding up to 70 jobs in the process.
The rising cost of living is making it difficult for first-time buyers to save for a deposit.
The Association of Mortgage Intermediaries has unveiled its full programme of seminars to be held at Mortgage Business Expo Manchester.
By Tracey Dickson, marketing consultant There are almost 7 million carers in the UK – that’s around 10 per cent of the population who provide unpaid care for a disabled, seriously ill or older loved one.1 But according to a report from the charity Carers UK, 20 per cent of people providing 50 hours or more of care […]
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