High LTV bridging, and terrible networking events

Back again with the all killer no filler newsletter.

Project with no planning? No problem

Castle Trust are now offering 75% net day one AND 100% of the eventual works even if you don’t have planning in place at point of submission. Cray cray.

C6 usage class in Wales

So C6 usage in Wales refers to the following

There were literally no lenders in this space meaning lending was behind regulation, ultimately impacting you, the client.
BUT, rejoice, both Castle Trust and Quantum can now consider this, and use the expected holiday/short term let income for affordability!

Let’s talk about small minded networking events

When is a networking event, not a networking event

⬇️⬇️⬇️

🤡When it's organised by mortgage brokers who explicitly won't allow other mortgages brokers to attend🤡

It's funny. It's very short sighted and just plain silly.
But hey, their event, their rules...

Would YOU stop your peers coming to your events?👀
pst. Property And Poppadoms are blocking your fav brokers from attending - tell a friend!

UNTIL NEXT TIME xo