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In many cases it may be better to advise clients to keep their current deal as opposed to re-mortgage and use specialist lending to give them access to new funding. In many cases Early Repayment Charges (ERC’s) will be payable as well so different lending options can lead to an excellent result for your clients.


This could be for debt consolidation to ensure that a client can save money as in most cases short- and medium-term lending will be cheaper than the APR% of credit cards for example.


Property experts are predicting that mortgage applicants are likely to experience some difficulties being approved for loans.


The cost-of-living crisis is likely to mean than banks will introduce lighter more stringent checks when applying for home loans.


In particular this can affect the self-employed or directors who run limited companies, where salary is reduced and supplemented by a dividend.


It is clear based on recent announcements that lenders are starting to change criteria as a result of the significant increase in living expenses the country faces.


Beat Finance works with introducers and their clients to find the best solution in the quickest time to meet a client needs.

With property prices rising and it being tougher to take out larger loans our specialist lending team can help structure funding that makes sense and allows clients to achieve their goals.


We do this by understanding the depth of lenders we are on panel with. By working with key lenders, we offer flexibility supported by affordability to flex rates to meet individual circumstances.


It is important with rising base rates to manage your client expectations


Call or DM om of the team direct if you want to grow your income stream and deliver results for your clients whilst concentrating on your core business.


Legal Disputes

07 Mar, 2023
LEGAL DISPUTES A Tomlin Order is a form of consent order used in the context of property disputes. It is an agreement between parties in a dispute that sets out the terms of a settlement, without the need for a court hearing or judgment.

TAX BILL

07 Feb, 2023
TAXING TIMES Self Assessment Deadline passed but what if you have a large tax bill , you have submitted on time saved the fine for filing late but the tax assessed cannot go away.

MODULAR HOME FUNDING

by Thomas Wall • 01 Feb, 2023
MODULAR HOMES FUNDING Modular homes have changed since the early 50’s prefabs. Todays modular homes are green , energy efficient and are constructed in a factory.

EXTEND YOUR LEASEHOLD

by Thomas Wall • 26 Jan, 2023
EXTEND YOUR LEASEHOLD  Rising prices are excellent for freehold but what about leasehold. The value of a property decreases as the leasehold shortens so how do you inject value into a shortening leasehold. T he simple answer is by extending the leasehold.

RISING COSTS

by Thomas Wall • 12 Dec, 2022
RISING COSTS Rising inflation and cost of living can make it harder for introducers to meet their client’s needs.

CHAIN FREE

by Thomas Wall • 07 Nov, 2022
CHAIN FREE With there being a lack of available property stock in many areas and elongated completion timescales Chain Free purchases seem the ideal option. Bridging plays a big part in delivering a solution when property becomes available ensuring that with higher demand and property being snapped up that property stock is becoming a premium in this area. Speed is key and bridging allows your clients to complete in time scales that are not feasible using traditional means other than cash. Bridging turns your client into a cash buyer instantly and ensures they can accelerate the speed of a transaction. It is clear that property sellers with a chain-free homes on the market can almost be guaranteed a quick sale. This is where bridging especially helps if for example you need time to profile for the right mortgage. With increasing mortgage rates we expect an upsurge in Chain Free stock and as a regulated broker our breath and depth of offering allows us to offer a service above and beyond the normal unregulated brokers. An ageing population and empty nesters downsizing generates more housing stock and speed is key. This is clearest in organising a bridge for Chain Free purchases and exit for regulated clients. Why let your client pass over the home of a lifetime because their property is stuck in a chain. By working with the team at Beat Finance we help to build the bridge to a better future and enable you to purchase that chain free houses whilst selling your current residence. With wide market access our extensive network of lenders and bespoke funding lines enable you to build a bridge to the future. Beat Finance keeps the property market moving and ensures it clients and its introducers do not get let down. If you have clients that you have nurtured for years but present you with problems you need help on then work with us to deliver the future they can achieve not dream about. Call or DM on of the team direct if you want to grow your income stream and deliver results for your clients whilst concentrating on your core business. Let us deal with your complex cases. We cover the whole of the UK and also offer ex-pat funding.

SAVING FALL THROUGH SALES

by Thomas Wall • 19 Oct, 2022
SAVING FALL THROUGH SALES Fall-throughs refer to a property sale failing before completion. This can be various reasons ranging from chain breaks, survey issues or mortgage approval issues to name a few.
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