Benefits of Hiring an Aviation Finance Law Firms

 Many people consider traveling by air the fastest and most convenient way of getting to their destination. Despite the conveniences of flying, some people fear it because of possible accidents. If you have a family member who is a victim of an airplane accident, recommend getting Top Aviation Finance Law Firms.

Kinds of Plane Crashes

There are two kinds of plane accidents- minor and severe. Minor plane accidents usually happen on the runway before the flight takes off. Passengers do not fret and panic as this will only involve repairing small aircraft malfunctions. Severe airplane accidents, however, can happen during the flight. There are cases where plane malfunctions are too complex it causes the aircraft to fall from the sky and hit the ground.

Here are some causes of plane crashes:

- Commotion among Passengers

- Navigator and pilot negligence

- Improperly maintained aircraft

- Errors from Tower Control

- Fuel loss

-Poorly designed aircraft

-Failure to comply with Top Aviation Finance Law Firms

regulations The causes mentioned above lead to tragic accidents. Many passengers end up injured or in most cases, dead. Even innocent bystanders may be involved and harmed. Depending on where the aircraft crashes, this unfortunate incident causes damage to commercial properties costing billions of dollars.

Aircraft companies can prevent plane accidents if they practice precautionary measures and exert extra effort in making sure they provide secure transportation for their passengers.

Why hire Top Aviation Finance Law Firms?

Victims and their families deal with many problems after a plane accident. Most of them do not know what to do or whom to approach. They don't even know their rights or what legal steps to take. They feel burdened because they have to deal with mental, legal, and financial problems all at the same time. To survive this difficult period, they should hire an aviation accident lawyer.

They should do their research and look for reputable aviation law firms. Lawyers in this field have years of experience dealing with different aviation cases- from single-passenger plane accidents down to large commercial jet crashes. These firms employ a legal team who can determine the right steps to take.

The Top Aviation Finance Law Firms must be experienced in dealing with aviation accident claims. They must guide the victims and their families to help them restore their lives and move on.

What happens when you hire an aviation Finance Law Firms?

The first thing your aviation Finance Law Firms will do is assess the accident and examine the merits of the victim's case. Duties include gathering significant evidence and providing aggressive representation during hearings. The Aviation Finance Law Firms is responsible for making sure the rights of the victim are observed.

These lawyers work with medical experts and investigators to evaluate a range of issues like weather conditions, complex human factors, pilot error, air traffic control, and more.

You will find that most lawyers make sure their clients do not just recover financially. They will also assist in choosing the right medical experts who can help surviving victims with physical recuperation. They also make sure the victims get compensation for lost wages, medical bills, pain and suffering, and other related expenses.

Airplane accidents are often complex. Most lawyers go through tedious investigation to point out the real cause of the accident. A good lawyer can offer valuable assistance and information during this difficult time.

Questions to Ask from Commercial Mortgage Broker in UK

Choosing the Commercial Mortgage Broker in London can seem like a challenging task when you first start looking for one. But you can quickly narrow your search to only the best Best Mortgage Brokers London by knowing what questions to ask, and what answers to listen for.

How long have you been in business?

This is not to discredit Commercial mortgage brokers that have just started up their company. However, experienced mortgage brokers will not only have a wider network of lenders to deal with; they'll also know how to talk and negotiate with those lenders because they will have already built up a relationship with them.

What education or licensing do you have?

All Commercial Mortgage Broker in London need to be licensed to practice, and you need to make sure that you ask if they are. Don't just ask though; verify that they have a license by checking with the London Association of Accredited Mortgage Professionals.

What do you base your recommendations on?

While mortgage advisor London are paid commissions by lenders in exchange for finding the business, they still need to be working for you and trying to get you the best deal. A lot of people are hesitant to ask a Commercial mortgage broker about the commissions they are getting from certain lenders because they think it's too personal a question to ask. And while it is personal, in this case, you need to make sure you pose the question so that you can be sure your broker is really working for you, and not for the lender that's got the highest commissions.

What additional fees will be charged?

Some Commercial mortgage brokers will quote you a really low-interest rate just so they can get you to sign onto a deal. Once you do, they then charge you all kinds of extra fees such as overnight delivery fees, appraisal fees, credit reporting fees, and title insurance fees. You need to make sure that what you're quoted is the amount, or at least near the amount, that you're going to pay.

May I see the lender's letter of commitment?

Whenever a lender offers you a certain rate, they will write a letter of commitment verifying that rate in writing. And your mortgage broker should have no problem letting you see that letter.

What's your area of expertise?

You don't want to work with a mortgage broker who specializes in commercial mortgages if you're looking for a residential home and vice versa. Make sure that the mortgage broker you deal with has extensive experience with the type of mortgage you need.

How often will we be in touch?

Getting a mortgage can sometimes be a lengthy process that involves a lot of going back and forth between you, the lender, and if you're working with one, a mortgage broker. Knowing that your broker will stay in regular contact with you and answer your calls when necessary will go a very long way in simplifying the mortgage process for you.

Do you have references I could contact?

References are a must with just about anybody you're going to hire; and they're especially important with a mortgage broker. Your mortgage broker is going to play a critical role in the type of mortgage you get and how smoothly it goes throughout its entire term and amortization period. And because of that you need to make sure that you're working with someone that's highly qualified and will get the best deal for you.

How A Commercial Mortgage Broker UK Can Save You Time And Money

A home is the biggest, most exciting purchase most people will ever make. It might be numerous nerve-wracking, too, because obtaining a contract and closing the mortgage can be a long, complex process, mainly for a first-time buyer.

This is where a Commercial Mortgage Broker UK can help, from finding the best interest rate and lowest fees, to completing an application, to closing the loan smoothly and on time. 

What is a mortgage broker?

A mortgage broker is a middleman who matches borrowers and mortgage lenders. If you're buying a home or refinancing, a broker can help you find the best mortgage for your needs and situation. 

How a mortgage broker works

A mortgage broker works with everyone involved in the lending process, from the real estate agent to the underwriter and closing agent, to make sure a borrower gets the best loan for their situation and that the loan closes on time.

A broker can work independently or with a brokerage firm, and, among their services, researches loan options and negotiates with lenders for their clients. A broker might also pull credit reports, verify the client’s income and expenses, and coordinate all of the loan paperwork.

Many brokers have access to a powerful loan-pricing system, as well, that helps price your loan across many lenders at one time, speeding up and streamlining the process.

Advantages of working with a Commercial mortgage broker

A mortgage broker may be able to get you a lower interest rate and lower fees. Brokers have access to a broader assortment of loans and lenders and may be able to find a better deal than you could get for yourself.

A broker can save you time. Brokers can do all the research on rates and fees; they negotiate for you and keep the mortgage process on track.

A broker can save you from making a big mistake. Brokers can help you avoid pitfalls because they know the mortgage industry, the differences among lenders, and the twists and turns in the mortgage process.

A broker can find the right lender for tricky situations. If your credit history isn’t great or the property you’re buying is unusual, a broker can find a lender who has more flexibility with credit scores and down payment amounts or who specializes in certain types of properties.

Ultimately, the burden is on you to find the best mortgage brokers, whether through a broker or loan officer and to shop around for the best rate and lowest costs.

Characteristics of Commercial Bridging Loan London

Just why would you need a bridging loan London? Well, many reasons – not many people have ready cash available to take advantage of great property deals. Whether you plan to develop a property, build an entirely new space or refurbish an old one, there are so many opportunities to make money and up your property portfolio. To get what you want, you’ll want to be in touch with the best mortgage brokers London has to offer. Even if you’re planning on taking advantage of a great deal outside of the city, getting a mortgage advisor London is still a great idea, especially if you choose one that has access to and great relationships with financiers all over Europe.

 When it comes to commercial bridging loans, there are numerous aspects to consider, but the bottom line is that if you need to make a quick decision or take action before the deal you’re hoping to make goes to someone else, your best bet is to speak to a mortgage advisor London.

Although bridging loans often carry higher interest rates, it really is about short-term funding and getting the deal done. Bridging loan periods are a year or less – the assumption being that once you’ve acquired the commercial property, you will have the time to contract with a bank of your choice for a longer-term loan or finance, which will inevitably include the re-payment of your bridging loan. Or, you may have managed to do all the redevelopment you need and turned a profit even before the bridging finance period is up. When applying for commercial bridging finance, you will be given the choice of how long you want to take the loan for – this will impact the monthly re-payments; the less time you take the loan for, the less interest you will pay, but your monthly repayments will be larger.

 There are many advantages to getting a commercial bridging loan. One of these is that when you have access to a commercial bridging loan, you can present a strong purchase offer and the process is not nearly as arduous as a regular mortgage loan. You’ll get a quicker answer and quicker access to the funding you need.

 Silver Oak Capital is one of the best mortgage brokers London and their team members are all highly professional specialists with access to all the top financiers in Europe, which means they are able to find a commercial bridging loan deal that suits your unique needs. Because every person is unique and most commercial deals also have unique characteristics, it’s never as simple as just going out and getting finance. The nuances of your particular deal need to be taken into account and that’s where specialists are so important. Whatever your bridging finance requirements are, you’ll be given the very best advice and the Silver Oak Capital team will ensure that the deal you sign is shaped to address your needs perfectly.

Information on Bridging Loan London Rates

There are many reasons you may need a bridging loan in London, and it’s not always easy to find out how to go about accessing a loan. Very often, people require bridging loans in order to quickly buy a property that’s not currently deemed mortgageable and need the loan to secure the property while they refurbish it. Whether you plan to flip a property – refurbish and then let or re-sell, or you want to keep it for other purposes, it is important for you to engage with a commercial mortgage broker UK, so that you get the right information and know your needs will be fully met.

 As with any loan, there are various costs involved in securing a loan and a commercial mortgage broker UK will usually charge a percentage of the loan amount over and above interest. A bridging loan London is a great option for short-term funding for property projects, but it is always important to factor in all costs, especially when you are aiming to make a profit off the project.

 The current rate for a bridging loan London range between 0.4% to 2%, depending on the lender involved. To ensure you get the best rate possible, rather go to a commercial mortgage broker UK than try to find a lender yourself. This way, you will not only have access to numerous lenders across the UK, but you will also be assured of personalised service that addresses your unique needs.

 

With the advent of COVID-19, there have been changes in priorities when it comes to properties, with many people looking for more space. Scientists are saying that the world could continue to experience pandemics into the future; this will change people’s needs in terms of properties, which means that those who have the opportunity to buy up properties and refurbish them to address the need for more or fluid space could potentially do well. But it’s not just about space – most people understand that a well refurbished building or home can yield a great return on investment, because a few well planned tweaks can make all the difference.

 While a bridging loan can in some instances be completed within 48 hours, it’s far more common for them to take between two to four weeks – so if you feel you may need a bridging loanLondon in the next few months, it’s a good idea to investigate which commercial mortgage broker UK best suits your needs so you are fully appraised of what documentation they may need in order to facilitate your loan.

 Silver Oak Capital has a highly experienced team who are geared to advising you on what the best type of loan for your needs, as well as access to the top lenders in the UK, with competitive interest rates and fees. If you would like to find out how to go about securing a bridging loan London, or need to enquire about rates, our professional team will be delighted to answer your queries and facilitate your bridging loan.

Property Development Finance for Businesses in London

 fundamental facilities play an essential role in all types of social movements, especially in business. And sometimes, they are needed for similar businesses to be pursued to the fullest. As such, properties must be developed. But given our financial situation, that concept comes across as more of an ambition than a possibility. After all, not everyone is privileged enough to come up with the needed funds to improve their environment right away. And if they do, it usually comes at a very high cost. Luckily, though, there is the option of making property development finance support from companies required to take on riskier situations.

Banks are commercial finance resources and they are more concerned about investment returns than they are of its implications. Given this, it'll be hard to approach them for a loan to improve or expand your business or create a structural means to drive in more interests. Also, they are strict when it comes to qualifying applications, focusing on a person's credit rating and his ability to pay, among others. And they do not just hand out huge amounts of cash for projects with a lesser projected value. Property Development finance companies work with a different set of preferences and criteria. So they can ably provide property development finance aid even if you do not meet the typical requirements.

This, however, does not mean they don't screen requests and qualify them accordingly. Development finance institutions may be tasked to take on riskier deals and intervene in areas where domestic and foreign capital markets don't reach. But that does equate to careless propagation of funds.

First of all, lenders will be reviewing your experience as a property developer and figure out if you can expertly execute the plan with minimal costs. If you are new, then it is highly unlikely you will be getting the full amount you're asking. And there's location, profit potential, and development purpose. For DFIs, it won't be necessary for all three to be favorable. But the final two will have a great impact on whether or not your financial assistance. They are looking for something worthwhile and are not involved in helping businessmen who cannot contribute to their liquidity. Eventually, they will also study the economic power of the developer. Yes, it is a given that those asking DFIs for loans are not financially sound. But if you are an entrepreneur that can provide more equity at the outset of a development project, lenders will find your mission more favorable and grant you the financial support you need to get things on their way.

With this being said, property development finance solicitation is not something you should take on lightly. Although development finance institutions are essentially obliged to take on your type of case, it does not mean you can just submit any real estate development plan without thinking it through. As much as possible, it should be appropriate and innovative. And overall, it should contribute to their general objective of instigating change and progress - even if it is just for a start-up business. That is the only way you can guarantee yourself a bid.

Qualities To Seek While Hiring A Mortgage Advisor London

Getting a debt, for residential or commercial reasons is not an easy task. For most, a mortgage is probably the biggest financial investment of their lives. A large sum of money works at stake and one incorrect choice can lead to a financial disaster.

When dealing with something so complex, it is always best to get help from a professional. If you are trying to get a debt alone, it can shift annoying as well as frustrating for someone who has zero experience in the area. When selecting a professional Mortgage Advisor in London, you have to be careful that you choose the right person. The wrong professional can either ruin your chances of getting a loan or get you a bad mortgage plan. Therefore, you have to seek out a reliable and experienced professional who has proper knowledge about the current mortgage rates and plans.

Qualities That You Should Look in Mortgage Advisor London- 

It is common to get help from a professional Commercial Mortgage Broker UK when trying to get a loan. The one good at his/her job can be a great resource for you. Being a professional Mortgage Broker, it is their job to get you easy and fast solutions to any mortgage-related problems that might arise. That is only possible if the person you hire has experience and knowledge about the mortgage as a whole. They are the professional people who can get you a great loan.

Like any other service provider, a mortgage advisor should also have a set of qualities that make them good at their job. Seeking someone considering those characteristics will guarantee you a good professional:

A Professional Approach Towards Client

You need to hire someone, who has your best interest in mind. The person should not treat you like another business target to meet. So, you have to be cautious about someone who is too eager to close a loan for you. A professional Commercial Mortgage Broker UK takes its time to evaluate various debt options and then decide the one best fit for you.

The whole scheme of getting a debt is difficult. It has a lot of rules and paperwork that can get annoying for any person. Applying for a mortgage requires so much reporting that it is quite common for someone to miss out on an essential point. But that will not be the case when the one in charge is a seasoned mortgage advisor. These professionals are known to have an eye for every detail. So there is no risk of losing out on any necessary paper.

You may also come across professionals who will make tall claims when trying to get you a mortgage plan. You have to be cautious so that you don't fall for a bad plan. There are mortgage advisors who focus more on their own profit rather than the client's benefit. 

These are the primary things that you should see while hiring a mortgage advisor in London. Remember that the professional you hire is a key factor in you getting a good loan for your residential or commercial needs.

Benefits of Yacht Finance Calculator UK

 Though the purchase of a Yacht cannot be considered an investment considering that very few items depreciate so quickly, the charm of buying one and telling the world you have arrived is a great one and something hard to resist. It is perhaps the next most important purchase you will make after your Luxury home and therefore needs to be done with some prudence.

The advantages of having a Yacht are many. The conveniences of using it to move around with your family for pleasure trips and during any emergency are well known and have been written about. However, buying one from the amazing variety available in the market and to choose from the plenty of Yacht finance schemes does need some doing and you are well-advised to do your research before attempting to buy one.

Indeed, after insurance, if anything has been made out to be very complicated and dull, it is the Yacht finance routine. There have been schemes packaged in all kinds of forms and names to entice the consumer and with various finance-related jargon used liberally in each of them, it is but natural that many are confused about what they are getting into.

If you are as bad at finance as I am and find understanding the various terms a difficult task, then you will be happy to know about the Yacht Finance Calculator UK and how it can solve your problem. Ultimately, you do not want to enter into something that you would find difficult to keep up to or manage and by using the car finance calculator, you would be in a position to know exactly what your obligations would be to make a decision appropriately.

This tool helps you identify or figure out the amount you would have to pay every month towards meeting your car finance obligation. You need not indulge in mental acrobatics and just punch in the initial amount you can pay, the interest rate, the loan amount, and the period for the car finance calculator to tell you the exact amount you need to pay every month for you to take complete possession of the new or used Yacht and get it transferred to your name.

The Yacht Finance Calculator UK does give a lot of details in terms of breaking down the interest component and showing it separately for you to appreciate the cost of your borrowing. Look at the amount in conjunction with your other commitments and then take a call on the kind of vehicle you wish to buy so that you can keep up to your commitments

Top Aviation Finance Law Firms in London

 Silver Oak Capital has built many long standing relationships based on trust with most of the top aviation finance law firms in London. One of the most important elements with any aircraft transaction is to ensure a legal team is in place with the relevant experience. There are numerous areas to consider when funding a new aircraft but one of the most important is regarding the finance. Having a strong working relationship with the clients legal team will also ensure the process runs quickly and efficiently. Whether the client wants to purchase the aircraft using an operating lease or a finance lease - the legal team and the finance team (Silver Oak Capital) will need to have sufficient knowledge of both these methods to ensure the debt is facilitated in a timely and proper manner.

Most of the UK aviation finance law firms have offices in most of the major cities in the world such as New York, Paris, Dubai, Mumbai, Hong Kong, Shanghai and Singapore. They will also have representations in major tax jurisdictions which is where the aircraft are usually registered - these include Guernsey, Isle of Man, British Virgin Islands, Malta, Mauritius and the Cayman Islands. We have often worked closely with Law Firms as opposed to clients - where we have been approached by the legal team instead of the borrower to assist with the introduction of a large European or United States-based bank. There are also numerous occasions where the client prefers to have a broker handle the debt application process on their behalf as this frees up time for regular business activities. 

Often the aircraft mortgage is required by a corporate instead of a wealthy individual. This would be the case for a large multi-national company with a need for top executives to travel between countries to visit with their respective offices. The second hand aircraft market is the most active as there is a huge demand for used aircraft as most of these assets have a long operating life. Therefore having a professional operator in place who will maintain and manage the aircraft is essential. We can also arrange for an aircraft search company with connections to this second hand market to offer various options to purchase. We also work with the largest and most important aircraft manufacturing companies globally such as Airbus, Boeing, Bombardier and Embraer. 

We also have good relations with engine manufacturers such as HoneyWell and Rolls Royce. Likewise for engine insurance companies. Prices range for used aircraft from $10m USD to $100m USD for brand new aircraft. The rule of thumb for cost of operating the aircraft is roughly 10% of the purchase price per year taking into account marginal gains. We will guide you through the entire application process from initial discovery phase to completion and delivery of the aircraft. Silver Oak Capital will usually be present at the major global private jet events such as EBACE in Geneva. If you are looking for advice on raising a mortgage to help with the purchase of your new corporate jet then we can help make the process a lot easier.

Property Development Finance for Businesses

 

When it comes to property development finance, or construction finance - this is an area that we work in consistently and in fact makes up the majority of our loan applications. House building is big business in the UK due to the government's policy on increasing the number of affordable homes available. There is a great need for development finance from developers up and down the UK and especially in London. House building businesses are always looking for the best development finance deals in the market. There are dozens of development finance lenders in the UK market and knowing how each of these lenders works is very important in ensuring that an developer doesn’t waste time with an application that will ultimately be unsuccessful. 

Property developers and landlords place a huge emphasis on time as any lost time ends up costing them money so hiring a broker who knows the market can save them valuable time and money. Most development finance loans are based on a percentage of gross development value. Lenders will often fund 100% of the construction costs as long as the borrower has put sufficient equity into the deal. If the developer of the landlord has purchased the land and spent many months consulting architects and obtaining planning permission and paid for these services out of his or her own pocket then this will increase the level of the developers equity contribution. 

Once planning has been obtained for a particular sight there will normally be an immediate increase in the value of the site due the planning permission being accepted. This value will also contribute towards a borrower equity position. Most development finance loans have a term of 12 - 24 months depending on the build time of the scheme. The fees involved are usually 1 percent in and 1 percent out. Which means you will pay 1 percent of the gross loan amount upon drawdown of the loan and 1% of the outstanding loan amount upon pay back of the loan and completion of the scheme. Many schemes will require a development exit bridging loan to refinance any development finance and mezzanine finance secured on a completed scheme. 

This is needed if the developers haven’t sold all of the units and need more time. Silver Oak Capital has completed many development exit facilities for landlords and property developers. Another type of loan often needed by developers is a stabilization loan - which is needed following the completion of a commercial building with multiple units available to let. The owners will need time to get the asset up to a high occupancy rate with almost all of the units let and producing a regular income. Therefore arranging a slightly cheaper stabilization loan to give the developers more time to find these tenants is an extremely useful tool and will contribute strongly to any borrowers peace of mind. Do not hesitate to contact one of our professional to discuss your development finance or commercial finance needs. Silver Oak Capital are the experts in London development finance and bridging finance.

Pros And Cons of Hiring Mortgage Broker London

 

Hiring a trusted and experienced mortgage broker is extremely important in finding the best debt solution and in securing market leading interest rates. Silver Oak Capital is renowned as the top commercial mortgagebroker UK. We have a network of over 300 lenders to consider your mortgage query. There is serious competition between lenders in the UK that’s why securing the services of a mortgage broker London focused as this is where most of the lenders have head-offices. We focus on large mortgage loans between 1 million and 20 million and have the expertise to help you find a market leading interest rate. We will describe the pros and cons of working with a mortgage broker. The pros include savings time and money in searching for the best interest rate. 

Most mortgage lenders have different lending criteria and are searching for different types of clients. They also have appetite for different loan sizes or asset types. For example some lenders specialist in high value properties over 5 million pounds. There are plenty of high street lenders in the UK who focus on smaller flats and houses - these include Barclays, Santander, Natwest, Royal Bank of Scotland, Halifax and Nationwide Building Society. Private banks in the UK that specialise in larger property transaction include UBS, Credit Suisse, Royal Bank of Canada, Barclays Wealth, EFG, Butterfield Bank and Investec. We have built strong working relationships with all these lenders and know their different lending policies extremely well. 

The ability for us to save the client valuable time and money is what justifies our fees we charge clients for performing the commercial mortgage broker service. When it comes to commercial mortgage loans there is a totally different set of lenders to consider. When looking for a mortgage on a commercial building such as an office, warehouse, care home, retail unit or block of flats then Silver Oak Capital has plenty of experience in funding these types of assets. Banks such as Lloyds Commercial, Investec, Barclays Commercial, Santander Commercial, State Bank of India and Shawbrook Bank are best suited to funding such projects. 

Apart from these mainstream lenders - there is a large consortium of so called challenger banks who are very active in the UK market and have large pots of liquidity with aggressive lending targets. It is extremely important to consider all of these lenders when looking at any new loan query. Lender criteria also changes alot over time so we have a team dedicated to keeping up to date with all these developments which ensures we have the latest information and keep out clients abreast of any new changes to their own lenders’ policy. Trying to deliver each clients unique expectation is a challenge but this is something we are used to and have become accustomed to. It is important to know that although our head office is based in London - we operate through most western European countries so have similar networks of lender in each of the major European finance centres such as Paris, Madrid, Monaco, Frankfurt and Geneva.

Yacht Finance Calculator UK A Great Help For Consumers

 

Obtaining yacht finance is an important element to purchasing most yachts. Silver Oak Capital has helped numerous clients find the right yacht mortgage to help with their dream purchase. We arrange finance predominantly for private motor yachts or sailing yachts but can also assist with commercial vessels. The principles at Silver Oak Capital have spent a lot of time at the various yacht shows around the world, most notably the Monaco Yacht Show. Other shows include Fort Lauderdale Yacht Show and the Barcelona Boat Show. There are a number of top legal firms we partner with who will help with the purchase of your vessel. As a professional finance firm we also have excellent connections with fiduciary companies in all of the top tax havens such as Jersey, Guernsey, The Isle of Man, British Virgin Islands, Malta and the Cayman Islands.

The company will act as your designated yacht financecalculator UK and provides a professional, knowledgeable service to those seeking to purchase a yacht. The length of yachts that we finance ranges from smaller 20m sailing boats to 100m super yachts. Some commercial vessels such as LNG carriers and Cargo ships can be funded through our banking relationships too. The biggest yacht show in the global calendar is the Monaco Yacht Show and has always been known as having the largest number of mega yachts by quantity and value at the event which is help in September each year. 

It was cancelled in 2020 due to Covid 19 but this has not been detrimental to the yacht market as they second hand market has been extremely active with many more clients wishing to purchase motor yachts or sailing yachts. The lending market has been active too and with increased competition causing average interest rates to decline amongst most lenders. The number of lenders in this market is small and therefor it is even more important to have a finance broker who has built a strong working relationship with these lenders. There are a number of UK based lenders which focus on UK nationals and will assist them with almost any yacht size. 

There are a number European based private banks who will be able to assist most clients with a private banking relationship which includes mortgage finance for the yacht over a 5 year term at a margin over base rate. This will normally be on an interest only basis and the client will need to bring new assets under management to the bank to begin the relationship. Silver Oak Capital will assist with the entire application process. In order to obtain the indicative lending offer your vessel is the spec sheet and some background on your as the borrower. We also know that purchasing a yacht is an extremely personal decision therefore the entire process will need to be handled with utmost care and in most cases discretion. Do not hesitate to contact Silver Oak Capital as our professional will be happy to discuss any of your yachts over the phone or meet you at our central London office.

Building Your Home With Bridging Loan London

 Many builders find it easier to make a new home than renovate an older home, as there are several unknowns, more definite costs, and fewer distractions such as homeowners living in the house. However for homeowners, a complete self-build project is usually far more complicated, especially in the area of costs, this is where a Bridging Loan London in the form of short term finance can come in very handy to cover the unknowns and unexpected.

Having said that, despite the complexities included, building a house from scratch is much easier than undertaking a full refurbishment. Once you price the job, it stays on a budget because there are no unknowns and it's so much easier to plan. Still, the advantage of a bridging loan London can assist in instances that you go over budget.

You also don't have people living in the house at the same time. With a new build, provided that the groundwork and planning go well, the finish date and estimated budget can be relied upon.

For the homeowner, a complete self-build project starts with finding a plot, organizing a self-build mortgage, and securing planning permission. Cautious choice of architect, builder, and tradesmen is fundamental, as is ensuring you have insurance, warranties and that you are eligible to claim the tax back. Then the work begins.

Some of the important factors in ensuring the success of your project are good organization and courteous, flexible builders, where difficult structural decisions may have to be made.

Careful choice of the building firm will ensure that you as the homeowner will be delighted with the work. Excellent standards of workmanship, customer care from each member of the team, from foreman to apprentice and their ability to respond to each day's problems will be reflective in the budget quote, which you can have peace of mind for by taking out a bridging loan London in case your funds run out.

Another factor is getting good advice. Having chosen your building firm and specified the build of your stunning detached property for your family, you will be relying upon them particularly for guidance and advice in all phases of the building plan - from design to materials. A good relationship is paramount from the very first meeting which will fill you as the homeowner with trust and confidence in their ability and knowledge. Their help, guidance, and advice, along with their attention to detail and finish will make your dream home real.

The final factor is communication and diplomacy skills. Although you are building your dream home, during the time you are building, your neighbors will probably consider you to be a neighbor from hell. The careful approach of dealings with neighbors, particularly in busy towns and cities, can mean the difference between getting the home you want and a severe compromise. A compromise may be necessary if particular details have been overlooked during the planning stage such as the right to light for your neighbor, in which case new surveys may need to be repeated which are costly, but if a bridging loan London is taken out, such nuance costs that may arise can be dealt with swiftly.

Benefits of Hiring the Professional Commercial Mortgage Broker UK

Investing in real estate business is one of the precious steps that you can take. Also, this is something that we do not do normally, and it requires great money and knowledge investment as well. Figuring out various financing opportunities is one thing that you need to consider in the first place. Depending on several factors, you can either go for a mortgage lender or Commercial Mortgage Broker UK.

The Commercial mortgage lender is the one who works closely with financial institutions, such as banks. They help the possible buyer to get the amount of money according to their acceptability.

On the opposite, a professional Commercial Mortgage Broker London in the UK is the one who will be working on behalf of you as a mediator between the buyer and the financial institutions. Moreover, the best mortgage brokers are licensed and experts in providing detail high-quality assistance. Hence, you can expect a well qualified professional working on your behalf. Moreover, you can have many advantages as well for having them on your side.

Those are:

• They help you save a significant amount of time.
• A Commercial Mortgage Broker UK works on your most suitable business
• They will act as a professional Mortgage Broker
• Advice and counseling
• Pre-qualification

Act like a Professional Agent

A professional mortgage broker in London can help you find various mortgage choices and they will also help you compare the best options.

This is the most significant advantage of hiring a professional mortgage broker. Thus, you can choose the best choice meeting all your requirements in the first place. Hence, be it anything if you are going to buy a home at any time earlier than this will help you find the best opportunity suiting all your requirements.

Work For Your Interest

If you hire a Commercial mortgage lender then he can introduce the option available under a specific institution. Their role is to sell the mortgage option they have with them. While on the other hand, a mortgage broker can give you the best option after comparing the best deal available in the market. Hence, you can have a great opportunity with a professional and knowledgeable mortgage broker.

Saves a Great Deal of Time

The method of applying to the different loan system and other business systems takes a lot of time. As you need to keep proper communication with your lender to find the best deal for you. On the other hand, a Commercial mortgage broker UK can help you save your valuable time by estimating the plan and running the same as well. Thus it saves a significant amount of time for you, making the process faster for your comfort.

Advice and Counseling

This is another important benefit of hiring the best Commercial Mortgage Broker. All you need to do, make sure that the Mortgage broker you are choosing is experienced enough to guide you in the correct direction. The best way to find a professional mortgage broker who can help you understand and balance the deal is simply by asking your friends and families.

Pre-Qualified

In case you apply for a loan, and you are rejected, because of your eligibility standards then your credit score will hamper. Hiring the professional mortgage broker in the UK will make sure you qualify for the loan. As they are equipped with the latest loan guidelines and information, therefore, you will be on the safe side while applying for the loan.

These are some of the main advantages that you can expect from a professional mortgage broker UK. Certainly, these are not the only ones that you can anticipate. There are many great possibilities that you can expect as well