CASE STUDY: A race to possession when a borrower defaults on their financial obligations
Posted by: Westcor International
If the property is leasehold and the borrower ceases to make payments on their mortgage, not only is the lender affected, but the freeholder (or landlord) is too. This can mean a lender risks losing their security if they don't act quickly enough.
CASE STUDY: Protecting our residential clients from unexpected breaches occuring on their property
Posted by: Westcor International
Our Perfect Title policies can give you piece of mind and protection if an unexpected breach occurs on your property
Buy-to-let considerations
Posted by: Westcor International
In an attempt to help first time buyers and boost home ownership, numerous policy changes since 2015 have made it clear that the government is targeting the buy-to-let market and the purchase of second homes.
Making a statement
Posted by: Westcor International
The country's housing shortage topped Chancellor Philip Hammond's Autumn Statement in November, who promised to deliver a housing market that works for everyone.
Buy-to-let under pressure
Posted by: Westcor International
Buy-to-let lenders are facing a double whammy, and as a result, will start to stress-test buyers at a higher threshold from January 2017.
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