SPC Finance

28/11/2022

👥Self-employed, freelance or contract basis.

How long can you survive without a steady income?

Contact us for more details

📧 [email protected]
☎️ 0141 892 0077

24/11/2022

SPC Finance are a Mortgage and Protection Broker. We are able to source from the biggest lenders & protection through our comprehensive lender panel.

The most suitable and appropriate Mortgage deals at competitive rates available to us. SPC Finance are continually striving to keep up to date with the latest news on Mortgages and Protection.

In turn this enables SPC Finance to confidently advise all clients on their needs at all times.

www.spcfinance.co.uk

📧 [email protected]
☎️ 0141 892 0077

23/11/2022

Demand for commercial property falls.

Occupier and investor demand for commercial property in Scotland fell further, according to the latest Royal Institution of Chartered Surveyors (RICS) Commercial Property Monitor.

Read more: https://www.insider.co.uk/news/occupier-investor-demand-falls-further-28332766?fbclid=IwAR2wm4gTv9jwfxOyO-2hRAdVJC-ca8Tc86B_3WbZXAZR7yS0lY-ph_81LkQ

Latest surveyors survey notes that the prospect of further interest rate rises are weighing on the outlook

21/11/2022

The industry reacts to the autumn statement

The mortgage industry has reacted to the Autumn Statement with some suggesting it will “restore confidence” while others claim areas of the sector “have been bypassed”.

https://www.mortgagestrategy.co.uk/news/industry-reaction-autumn-statement/?fbclid=IwAR0Vui_uJwExKLVAFf0lBquaLwj6Hd_tb5Ac7o3-nKBAJeRDC66w6ByVsQ8

The mortgage industry has reacted to the Autumn Statement this lunchtime, with some suggesting it will “restore confidence” while others claim areas of the sector “have been bypassed”. Lodestone Mortgages & Protection founder and director Craig Fish suggests the mortgage market “has escape...

10/11/2022

Mortgage Rate Watch

There’s good news as average rates for all major fixed-rate mortgages dropped slightly this week, following the same trend seen last week.

https://www.mortgagestrategy.co.uk/news/weekly-rate-watch-rate-decreases-continue/?fbclid=IwAR39jPhp6DkWEMddRCBaRCV5OFIfOFmSme4fcOq-iVjwtvshhVWNouiWi0E

08/11/2022

⭐️⭐️⭐️⭐️⭐️

"The service that I received from SPC Finance and Andrew was nothing short of exceptional. He was friendly, professional and efficient. Within just over a week, he got me a mortgage and got an amazing deal on a serious illness policy too.

I can't thank this company and Andrew enough. HIGHLY recommended!"

📧 [email protected]
☎️ 0141 892 0077

07/11/2022

🏘️ Signs that UK housing market will hold up despite high mortgage rates
Find out why some market commentators remain hopeful that borrowing costs will be lower as we start 2023.

Read more:

The UK housing market is holding up despite the mini budget. Sales are still going through, 30% of buyers use cash and low chances of negative equity for homeowners.

04/11/2022

Yesterday, the Bank of England announced that interest rates would rise by 0.75% to 3%.

Yesterday's jump does not worsen the outlook for mortgage borrowers, but home buyers need to be aware that 4% to 5% mortgages are set to be the norm in future, not the historically low rates of 1% to 2% that we have seen in recent years.

Bank of England’s Governor Andrew Bailey said, "Fixed rate borrowers and been impacted by rates rising very, very substantially. The good news is those market prices are now restoring stability. They're coming back down to where they were earlier in September. And that should feed through into the mortgage market.”

If you are concerned about how yesterday’s news could affect you or your current mortgage deal is ending within the next six months, talk to our team for advice.

www.spcfinance.co.uk/contact

📧 [email protected]
☎️ 0141 892 0077

31/10/2022

Govt. launches lender’s £20m green home finance fund .

Lenders will be able to draw on a fund of up to £20m to develop products that provide homeowners with “upfront and affordable capital” to make their homes greener and cheaper to run, says the government.

https://www.mortgagestrategy.co.uk/news/govt-launches-lenders-20m-green-home-finance-fund/?fbclid=IwAR1VoQ0zLKlsobyrPMtTwJjVkOHRHiTQW9298VqbiVv5NeqCOIIZDSe6ZrM

Lenders will be able to draw on a fund of up to £20m to develop products that provide homeowners with “upfront and affordable capital” to make their homes greener and cheaper to run, says the government. The new fund is designed to accelerate plans “to scale up the green finance market” and...

27/10/2022

Number of homes for sale increases by 50%: Propertymark

The number of homes for sale per member branch has risen by 50% since April, increasing from 20 to 30, the latest data from Propertymark shows. Data found that the number of new applicants registering per member branch held steady at 83 in September, up from the summer dip.

https://www.mortgagestrategy.co.uk/news/number-of-homes-for-sale-increases-by-50-propertymark/?fbclid=IwAR267tL3TU2JL0SBypNFMRkHiGKtM1Tg4YVUJLaI6gb_0NK0r4mcbEIg-lE

The number of homes for sale per member branch has risen by 50% since April, increasing from 20 to 30, the latest data from Propertymark shows. Data found that the number of new applicants registering per member branch held steady at 83 in September, up from the summer dip. The number of agents repo...

25/10/2022

Spike in over 40s taking out 35-year mortgages: Quilter

There has been a spike in the number of over 40s taking out mortgages with a term of 35 years or more, according to Quilter.

In the first two months of this year, 478 mortgages with a term of 35 years or more were sold to people aged over 40.

https://www.mortgagestrategy.co.uk/news/spike-in-over-40s-taking-out-35-year-mortgages-quilter/?fbclid=IwAR04yrxgojdo_1ojaNuh3VclHesZdqBr9vu8c5JnMMDKEvY4Rw35-oWCj-o

There has been a spike in the number of over 40s taking out mortgages with a term of 35 years or more, according to Quilter. In the first two months of this year, 478 mortgages with a term of 35 years or more were sold to people aged over 40. Quilter says this figure is likely to grow to more than 3...

24/10/2022

Govt could scrap ban on Section 21 evictions.

The government could u-turn on scrapping Section 21 evictions. The government published its Fairer Private Rented Sector White Paper in June with plans to ban Section 21 evictions, alongside other proposals. ‘No fault’ Section 21 evictions currently allow landlords to terminate tenancies without giving a reason.

https://www.mortgagestrategy.co.uk/news/govt-could-scrap-ban-on-section-21-evictions/?fbclid=IwAR2WZoQXOolIGxmWTkS6tWwY36V7PwDprk4HEE5glY8eIky4hMHMETKp2S4

The government could u-turn on scrapping Section 21 evictions, according to The Times. The government published its Fairer Private Rented Sector White Paper in June with plans to ban Section 21 evictions, alongside other proposals. ‘No fault’ Section 21 evictions currently allow landlords to ter...