Recently bought a property at an auction and now need finance to secure the asset?

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A bridging loan is the perfect solution. To finance the purchase of your auction property, you will most likely need a normal mortgage or – more probably – a bridging loan. This is because of the tight timetable you’re working to. Get in touch with Veyo for more information. This section gives you advice and contacts about where to find the quickest finance. What is a bridging loan? A bridging loan is for those who want to complete a purchase of a property before the selling of an existing property. This is a short term solution to money – normally offered with a high interest rate. Bridging loans are typically aimed at landlords and property developers including all properties purchased Read More …

Our Top Tips On How To Increase The Value Of Your Property

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We have a few tips on tricks on how to increase the value of your property and how to make it unique compared to other locations on the market. These tips are great to invest in before you place your property on the market as you will be able to see the real benefits of doing so. Installing bespoke windows Many homeowners will take little notice of their windows as they are a standard feature in their property, however, there are places that can completely transform your thoughts on windows. EOS Rooflights has a range of skylights that are suitable for flat rooms. Not only do these make a fantastic architectural change, but they allow tonnes of natural light into Read More …

Referencing and Administration

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  A charge of £150.00 per person is payable once an offer has been accepted. This is for referencing, collating all information required and preparing the tenancy agreement. If a Guarantor is required a further charge of £36.00 is payable for each guarantor required. Guarantors will be referenced and will be required to sign a guarantor agreement prior to any tenancy agreement commencing. Please note that these fees together with any holding monies (usually 1 weeks rent) are non-refundable should a tenant withdraw their offer and not proceed with the tenancy. In the event of a Landlord not proceeding with a tenancy due to failed references, an administration charge of £30.00 per person will be retained from the initial holding Read More …

Property Investment Insurance

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Our commercial property insurance is designed to provide buildings, contents and loss of rent protection for commercial properties tenanted by high street trades such as shops and offices. Our commercial property insurance will also cater for both owner occupied and long term unoccupied properties pending acceptable tenants. Top Tips to Protect Your Property Install a security system focusing on the front and back doors and the garage if you have one Regularly check the everyday systems in your home such as the plumbing and heating Look into renewable energy systems to make your home more sustainable in the long run Commercial Property Insurance There are many benefits when arranging your commercial property insurance with Commercial-Protector. Our online quotation system will Read More …

Everything you need to know about leasehold agreements

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Most people are familiar with what leasehold is and what it entails; however there is a handful of people who don’t. This is why we have created a page on everything to do with leaseholds and how you can extend your existing one. Click here for information on property value. What is exclusive possession? The grantee must be given exclusive possession of the premises. It is for this reason that a mere lodging agreement is not a lease the control maintained by the householder is such that a lodger does not obtain exclusive possession of the room which he occupies, and he is a mere licensee. On the other hand the fact that a grantee is given exclusive possession of Read More …

Taking out a mortgage

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A mortgage of land is a transaction by which a borrower of money (the mortgagor) gives security for the loan to his lender (the mortgagee). The mortgagee then has certain rights against the land (e.g. a power of sale), by means of which he may raise any sums that become due to him from the borrower. He is not therefore, restricted to a merely personal action against the borrower, although he does enjoy that right as well as his remedies against the land itself. Most mortgages are of a legal estate in land they are made by the freeholder or by a leaseholder. But a mortgage may be of an equitable interest in land. For example if land is settled Read More …