A Summary of the Mortgage Market Trends for Landlords Increased competition in the buy-to-let (B2L) mortgage market is lowering rates, with many lenders operating deep into their loan-to-value reserves. Some of the major movers making waves include The Mortgage Works, Accord Mortgages, and Molo Finance. Here’s a quick summary of some recent trends and what Continue Reading…
A boost for the future of the black cab trade as Geely announced a fresh investment of £120 million in the London Electric Vehicle Company (LEVC), which underscores its commitment to the UK’s iconic black cab industry. This latest capital injection is not just a financial boost; it’s hopefully a powerful statement of confidence in Continue Reading…
Business interruption insurance is designed to cover the loss of income a business suffers after a disaster. This type of insurance differs significantly from many forms of insurance because it is not only about covering physical damage but also about the financial impact of business interruption. Companies can often run into problems with their business Continue Reading…
In recent years, England and Wales’s private hire vehicle (PHV) sector has experienced significant changes, with the number of drivers steadily increasing. The latest taxi and private hire vehicle statistics for England and Wales reveal fascinating insights into these trends, highlighting both the growth in private hire driver numbers and some ongoing concerns, particularly in Continue Reading…
In a significant ruling that has caught the attention of businesses and regulators alike, Uber has been slapped with a record-breaking £245 million fine by the Dutch Data Protection Authority (DPA) for violating the General Data Protection Regulation (GDPR). The penalty underscores the increasing scrutiny that European regulators are applying to US tech giants, particularly Continue Reading…
The UK’s electric vehicle (EV) market is buzzing, and it’s not just about the shiny new models rolling off production lines. The second-hand car market, often overlooked, is where the real action is happening. Reports from the Society of Motor Manufacturers and Traders (SMMT) and Cap HPI reveal a significant uptick in the popularity of Continue Reading…
Switching commercial insurance providers can be a strategic move to improve coverage and reduce costs. Whether driven by poor customer service, high premiums, or evolving business needs, understanding the process can ensure a smooth transition without jeopardising your coverage. Preparing for the Switch Review Your Current Policy: To determine your insurance needs, first review your Continue Reading…
Plan Insurance Brokers list the simple steps required to swap fleet insurer. The process is surprisingly simple and could generate significant savings
The landscape for landlords in the UK has already experienced significant challenges in recent times. This article explores the current challenges for landlords and what the general election result might mean for the future of the rental property market. Many landlords have left the rental market in recent years. Higher property taxes, stricter rent regulations, Continue Reading…
In recent months, UK house prices have experienced a noticeable uptick, capturing the attention of homeowners, potential buyers, and investors alike. This surge reflects various economic and market trends that influence property values. In this blog post, we will delve into the latest developments in the property market, explore the impact of mortgage rates on Continue Reading…
