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Today we are talking about Asset Finance for Machinery!! We wanted to share a recent success story with one of our loyal customers and how we supported him with raising cash, quickly and competitively, and worked out cheaper than a government-backed loan!   The Scenario:   We were recently approached by a customer in relation to raising £100k due to them starting a new multimillion-pound contract. They required the funds to carry out the initial surveys and sustain the initial outlay costs and needed to act quickly. The business had initially enquired about an unsecured cash flow loan, but this would have added monthly commitments and ourselves along with the customer quickly realised this was not the right thing to do!!     The Solution:   The business had 4 tractor units currently still on finance for over a year. We set out to obtain valuations and look at a refinance across our panel of lenders.   The Saving:   ü  £190,000 advanced from our chosen lender  ü  £70,000 settlement on c
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Always Open to Enquiries 🥰 Choose Us For…. New Build Mortgages Buy to Let Mortgages Equity Release Mortgages The Scottish Shared Equity Scheme Commercial  Mortgage Self-Build & Renovation Finance Life Insurance Income Protection Insurance Building & Contents Insurance Secured & Unsecured Loans Refinancing Facilities Expert Independent Advice Dedicated, Professional Service www.borderms.co.uk
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One of our Top Lenders is saying They Want to Lend More! We’ve raised our LTI cap by up to 33%, giving even more of your clients the chance to benefit from the certainty and flexibility of an April mortgage. We've been listening carefully to broker feedback to develop products that meet your and your clients' needs. We’ll now lend up to 6x sole and joint income to first time buyers, home movers and like-for-like remortgages meaning that even more borrowers choosing peace of mind can benefit from increased loan amounts. With April, you can offer your clients more competitive and attractive mortgage options tailored to this high house-price-to-income environment all with the certainty of an April mortgage. There’s also more opportunities for first-time buyers and enhanced flexibility with increased capital raising options, now allowing further borrowing for gifting as well as home improvements. April provides certainty and flexibility with: - Fixed rates from 5 to 15 years - No E
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Today we’re saying …..

  UK inflation rises for the first time this year Does this reduce the likelihood of a second base rate cut next month? By  Rommel Lontayao 14 Aug 2024 Share Annual inflation in the UK increased to 2.2% in July 2024, up from 2% in June, according to data released by the Office for National Statistics (ONS) on Wednesday. The Consumer Price Index (CPI) fell by 0.2% on a monthly basis in July, compared with a decline of 0.4% during the same month last year. The ONS reported that the largest upward pressure on the annual inflation rate came from housing and household services, where gas and electricity prices dropped by less than they did in 2023. In contrast, the biggest downward contribution was from the restaurant and hotel sector, where hotel prices fell this year after rising in the previous year.
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The LIFT Open Market Shared Equity (OMSE) scheme. Following on from the success of the previous Scottish government LIFT Scheme, the new 2024 LIFT Open Market Shared Equity (OMSE) scheme has been set up once more to help buyers purchase a home by providing funding up to 40% of the property valuation or purchase price (whichever is the lower). Get a Mortgage in Principle today with Border Mortgage Services and we will help you apply for the LIFT scheme. You need a mortgage in principle to be considered for the OMSE. There are 14 Lenders that offer mortgages for the OMSE Scheme, and they are all on panel with strong relationships. Who is eligible for OMSE? First Time Buyers Armed Forces, Veterans and Widows of Armed Forces With disability and in need of housing Renters from Council or Social Housing 60+ Years Old We will do all the work for you, all you need to do is find a property!
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Today we’re talking about insurance protection….

Young adults need life insurance too   A recent report has found that most young adults in the UK do not have life insurance 1 , even though it is one of the most important financial products that you could have.    Cost-of-living crisis Over half (51%) of adults aged 18-40 admitted they do not have life cover, with many concerned about affordability due to the higher cost of living. But it is more important than ever to make sure that your loved ones have a financial safety blanket, so they do not have to fend for themselves if you are no longer around.    The cost of losing someone It is estimated that the death of a breadwinner costs their surviving family an average of £195,000 over ten years. However, this only covers the cost of essentials – the likelihood is that it will cost the bereaved, surviving partner more.    Even if you are not the main breadwinner, life insurance is still relevant to you – any caring responsibilities you have would fall to someone else, which could then
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One of our Top Lenders is saying….. ALL THE HELP YOU NEED WITH COMMERCIAL FINANCE Our team has years of experience in commercial mortgages. We pride ourselves on our personalised service to ensure that your clients get the mortgage they need, whatever the business purpose. We specialise in the following: Interest only and repayment mortgages Purchases and refinance Full commercial, semi commercial and buy to let portfolios Owner occupied Land Short term leasehold Longer term loans Portfolio remodelling and acquisitions Purchase against bricks and mortar or goodwill value. www.borderms.co.uk
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