Soul Mortgages Ltd

02/04/2025

𝐊𝐞𝐲 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐍𝐚𝐭𝐖𝐞𝐬𝐭 & 𝐂𝐨𝐮𝐭𝐭𝐬 𝐋𝐚𝐫𝐠𝐞 𝐋𝐨𝐚𝐧 𝐄𝐯𝐞𝐧𝐭

I recently attended the NatWest & Coutts Large Loan Event, where leading experts dissected the latest trends in mortgages, prime property, and economic influences shaping the UK market. Here’s what you need to know:

📉 Inflation & Economic Rebalancing
Inflation is expected to hover around 3%—uncomfortable for the Bank of England but unlikely to spike back to post-pandemic highs.
Post-COVID fiscal stimulus (near-zero rates + high debt) led to inflation, now tempered by aggressive rate hikes.
Fiscal tightening is necessary, but no panic yet—markets are adjusting.

🏡 London House Prices: A Two-Tier Market
Central London prices remain ~20% below 2014 peaks, but super-prime areas (Chelsea, Hampstead, Highgate) are thriving:
£2,500–£3,000/sq ft in prime North London avenues.
£1,000–£1,500/sq ft in Highgate/Kenwood.
Flats & smaller properties lag, showing a 10-year growth gap.

💰 Super-Prime Mortgages: Surging Demand
NatWest’s Super Prime policy (75% LTV, up from 60%) has driven lending from £60m → £200m+ in a year.
Case study: A client secured a £7–7.5m facility (fixed rate) against a £10m property, with flexibility to draw funds over 10–15 years.

📊 Large Loan Market Boom
Construction & large loans are surging, with more lenders entering the space.
Tools like LNG’s Ignite platform help brokers shortlist deals (searches for £1m+ loans up sharply).

🌍 Global & Political Influences
Trump’s potential return? Markets hate uncertainty—S&P 500 dipped 10% on tariff fears. Investors focus on hard data, not noise.
International buyers see London as a bargain—sterling’s weakness vs. the dollar boosts appeal.

⚠️ Valuation Challenges
Ultra-high-net-worth buyers often pay premiums for unique properties, making valuations tricky.
"Escape to the Country" market is rebounding post-COVID, but prime rural homes take longer to sell.

🤖 AI’s Role in Mortgages
AI is transforming processes: From automating fact-finding (e.g., Salesforce/Copilot) to streamlining applications.
Goal: Free up brokers to focus on advice, not admin.

💼 Private Equity & Coutts
Coutts is expanding its private equity partnerships (30 → 100–140 firms).
New 3-year average carry policy (75% LTV) aims to attract more business.

Why This Matters:
As a mortgage intermediary, understanding these shifts helps me guide clients—whether they’re first-time buyers, investors, or HNWIs—through a complex market.

Want to discuss how these trends affect your plans? Let’s talk!

https://blinq.me/nFUUYSemdzwJ

𝒀𝒐𝒖𝒓 𝒉𝒐𝒎𝒆 𝒎𝒂𝒚 𝒃𝒆 𝒓𝒆𝒑𝒐𝒔𝒔𝒆𝒔𝒔𝒆𝒅 𝒊𝒇 𝒚𝒐𝒖 𝒅𝒐 𝒏𝒐𝒕 𝒌𝒆𝒆𝒑 𝒖𝒑 𝒓𝒆𝒑𝒂𝒚𝒎𝒆𝒏𝒕𝒔 𝒐𝒏 𝒚𝒐𝒖𝒓 𝒎𝒐𝒓𝒕𝒈𝒂𝒈𝒆

15/12/2024

Xmas family networking 🎄🤶🇮🇳

31/10/2024

Wishing you a joyful and prosperous Diwali! May this festival of lights bring happiness, peace, and new beginnings to your life. As the diyas illuminate your home, may your heart be filled with warmth and love. Let this Diwali be a time to cherish moments with family and friends, share in the joy of togetherness, and embrace the spirit of generosity and gratitude. Happy Diwali!

12/09/2024

🌟 Attention all self-employed Ltd company directors!

🌟 Navigating the world of mortgages can be tricky, especially when it comes to understanding salary, dividends, and profit metrics.

But don’t worry - we’ve got you covered!

💪 Whether you’re considering a change from sole trader to a limited company, or looking to leverage retained profits for your home, our expert team is here to help you secure the best mortgage tailored just for you!

🏡We can look at a combination of:
* Salary & dividends
* Salary and retained profits
* Salary and net profits after tax
and even dividend income from alphabet shares.

✨ Reach out today and discover how we can assist you on your journey to homeownership!

28/08/2024

🌏 Dreaming of owning a piece of the UK?

🏡The path for foreign nationals just got clearer!

✨Here’s how you can make it happen:

22/08/2024

⭕️ Creative Finance Strategies:

✔️ Title Split Bridge
✔️ Title Split Bridge to Let
✔️ Lease extension

Commercial and Semi Commercial products also available for Title Split but works not included.

***Broker Fees Apply***

Contact Details:
https://blinq.me/nFUUYSemdzwJ

25/07/2024

25/07/2024

Exciting News for Indian & Foreign Nationals in the UK!

Ever wondered if you can get a mortgage in the UK as an Indian national as a new arrival?

10/05/2024

An exquisite evening at - Investment & Lifestyle Networking Private viewing

08/03/2024

Celebrating the power of "Shiv" & "Shakti" together today. They complement each other and make the world beautiful for us. Respect & Gratitude forever to the power of womanhood.

🔱🙏♥️special🙏🚩🔱📿🕉️😘😘🥰🥰♥️

07/03/2024

Will we see an expedited increase in Non-Dom UK property purchase and mortgage applications during the FIG regime, or will there be a retraction?

Simplified Summary of Changes to UK Taxation of Non-Domiciled Individuals

Effective April 6, 2025:

• Remittance basis abolished: Non-domiciled individuals residing in the UK will be taxed on their worldwide income and gains, regardless of where the money is kept.
• New 4-year foreign income and gains (FIG) regime: Individuals who become UK resident after 10 years of non-residence can exempt the first 4 years of foreign income and gains from UK tax.
• Simplified Overseas Workday Relief (OWR): Available for the first 3 years of UK residency for individuals using the 4-year FIG regime.
• Trust protections removed: Non-domiciled individuals (except those using the 4-year FIG regime) do not receive tax protection for income and gains arising within trust structures.
• Temporary Repatriation Facility (TRF): Remit pre-April 2025 foreign income and gains at a reduced 12% tax rate in tax years 2025-26 and 2026-27.
• Capital gains tax rebasing: Individuals transitioning from the remittance basis can rebase certain assets to their April 5, 2019 value.
• Inheritance tax (IHT) consultation: The planned shift from a domicile-based to a residence-based system (subject to consultation).

Key points to remember:

• Individuals already using the remittance basis in 2024-25 will have a one-year transition period with reduced taxes on foreign income.
• The new system aims to simplify taxation for non-domiciled individuals residing in the UK.

Note: This simplified summary is different from professional tax advice. It is recommended that you consult with a tax professional for personalised guidance.