How to Sell a Property Portfolio

978’s Simon Das Gives His Top Tips On How to Sell a Property Portfolio From wanting to retire to needing to liquidate some capital, there are numerous reasons why an investor may want to sell their property portfolio, either in-part or entirely, but the truth is few investors have considered their exit strategy. If you […]

Benefits of a Second Charge Bridging loan

Bridge Loan

Benefits of a Second Charge Bridging loan An increasing number of people in need of extra funds are turning to second charge bridging loans to raise capital, in order to prevent disturbing their existing attractive mortgages. Demand for second charge lending is set to increase throughout the year. In a sustained low-interest rate environment, it […]

Average Property Prices Hit an All-Time High

AVERAGE PROPERTY PRICES HIT AN ALL-TIME HIGH I have been saying for a while that with the pandemic forcing us to stay home and restricting our ability to go out and spend our money, whether in the pub or out shopping, many are going to end up with a decent amount of savings in the […]

Investing in Holiday Lets

Here at 978 Bridging, we’ve been getting an increasing number of requests for BTL – Holiday Lets in the last month. This makes a lot of sense as the pandemic has caused many people to reconsider overseas holidays in favour of ‘staycations’. There has even been a jump in the sale of new motorhome and […]

How to Use Bridging for Commercial Properties

How to Use Bridging for Commercial Properties Even before the pandemic first unfolded in the early month of 2020, the British high street was racked with uncertainty due to Brexit, rising rents and competition from online retailers. As the pandemic unfurled, both big and small businesses on the high street applied for financial assistance in […]

Essential Guide to Commercial Mortgages

Essential Guide to Commercial Mortgages A commercial mortgage is a loan that is secured against a commercial property or land for business purposes. Commercial mortgages are similar to standard residential mortgages as they are a long-term investment. Why invest in commercial property? A business property can be a good asset, producing profit from rent as […]

What Does Vacant Possession Mean?

What does Vacant Possession Mean? When transferring ownership of a property from one person to another (a process, known as conveyancing), it is the responsibility of the seller (and their solicitor) to draw up a legal contract, covering details of the sale. This will include things like the agreed price, boundaries to the property, planning […]

Things to Be Thankful for in 2020

Things to be Thankful for in 2020 Well after what has been a very difficult year for a lot of people, we have taken some time to reflect on what we have been most thankful for in 2020: FAMILY – With the first wave of Covid in early 2020 by late March the vast majority […]

Is the Government Bringing Back 95% Mortgages?

Is the Government Bringing Back 95% Mortgages In a recent speech, the Prime Minister said he would be taking action that could help up to two million first-time buyers get onto the property ladder. Though Boris Johnson didn’t give much detail of what these measures will be, or when they will be implemented, he did […]

How to Build Your Network During C-19

How to build your network during C-19 Have you ever heard people say that your network is one of the most integral parts of your business? This is especially the case in property, where client testimonials and word of mouth are more often than not the secret to success in an industry that is based […]

5 Trends in the Property Market Post COVID

5 Trends in the Property Market Post COVID First time buyers First-time buyer demand has now surpassed pre-lockdown levels, with an 87% revival since the property market reopened, according to Zoopla. The stamp duty holiday may have helped first-time buyers get on the property ladder in expensive areas like London but outside of the South […]

How Much Does it Cost to Sell a House?

How Much Does it Cost to Sell a House? Everything you need to know about the costs of selling or moving house, including the hidden and unexpected ones. It may not be that intuitive but, even when you are selling your home the costs can add up! As well as the obvious costs, such as […]