Quick mortgage and business update

February Network Event

Another fantastic property network event at the Hampton by Hilton, thanks again to everyone who attended, some great feedback coming in from attendees.

Main speaker Alasdair Dickinson introduced us to his ventures investing in property as additional income supplementing his rugby career, along with the pros and cons of HMO. Also shared his beliefs that Dundee is a great city to invest in.

Market and property update from hosts Kessar and Neil, discussing positive news with interest rates dropping, demand remaining high for properties, the influx of foreign students and rents increasing. We hope you all got something from the updates.

Great turn out once again from property investors at all stages of their property investment ventures. Lots of new faces and as always, any questions or anyone interested in getting involved at future events please feel free to give me or a member of the team a shout.

Clients Questions

In Freedom Financial a question we are getting asked from clients recently is “If I’m coming to the end of my fixed rate or initial rate mortgage what you should I do?

So, what options might be available with regards to fixed rates versus tracker rate mortgages?

First thing I would recommend looking at is what your current lenders variable rate is, as this is the rate that you’d go to once you come off the end of your initial rate.

Some lenders variable rates are typically a lot higher than what the initial rate will be, but that’s not always the case, so it’s worth checking.


Couple of rate changes and product updates worth mentioning.

Lendinvest offering limited edition products at a lower rate five-year fix in exchange for a higher upfront fee. They have also repriced their entire range to better support landlords and included new stress rate for tracker products.

Paragon have added four new limited edition fixed rate loans to their buy to let mortgage range. These include two and five year products, all available up to 75% loan to value for Scotland! They had reduced this down to 70% on their standard range. All these new products include free valuations and £350 cashback, it does come with a product fee of 3% though. ​

It’s great to see news coming in daily for new products and rate changes, we will keep you posted as we see more of this positive news coming through.

Clients Completed Project

We obtain clients mortgages and don’t often get the opportunity to see completed projects, we had requested some pics to share online of this one after hearing from others it was stunning. Plus this also demonstrates just one of the services we offer – obtaining mortgages for holiday lets.

This property is in Glasgow’s Merchant City check out more pics here.

March 1st 2023 Event

Quick mention of next months event (March 1st) we have 2 great guest speakers from the Bank of Scotland, Real Estate Relationship Director Grant Fraser and Relationship Manager Adam Rintoul.

This will be a great opportunity to learn from lending experts with experience in helping investors and developers fund their acquisitions.

Market & Property Update by myself and Dymock Properties Ltd discussing all the exciting bits in mortgage lending world.

We look forward to welcoming you on Wednesday 1st March – Hampton by Hilton – Dundee, Scotland 6:30pm to 9:00pm.

Thanks for your time and of course any feedback or questions regarding mortgages or the property market please get in touch anytime.