19/05/2008 by admin.

Hi

 We have recently added this Blog to Blogger.com as well.

Once ready i will update this site with the details and both Blogs will mirror each other.

Thanks

Wasim

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15/05/2008 by admin.

We are looking to expand our products to include:

• Commercial Mortgages
• Bridging Loans
• General Insurance
• Life Insurance

Please re-visit the site for an update soon.

Thanks

Wasim

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02/05/2008 by admin.

By John Fitzsimons

Brokers expect the buy-to-let market to continue to grow in 2008, albeit at a slower rate than previously, according to new research by The Mortgage Works (TMW).

When questioned on prospects for the sector in 2008, 47% of advisers surveyed said from their experience of business in the year so far, they predicted a slightly slower rate of growth than 2007.

However, market turbulence is having an effect on investors, with 70% of brokers reporting their clients are now more likely to investigate whether products have flexible features. And in an indication of investors’ belief that interest rates will fall, just one in five brokers reported their clients were now likely to opt for long-term deals, while 62% stated their clients were most likely to choose tracker products.

Andy McQueen, managing director of TMW, said the fundamentals of the sector were strong, and described the restrained optimism of brokers as “pragmatic”.

Commenting, Nick Blunt, head of business partner development at Mortgages For Business, said the results mirrored his own experiences this year, with existing landlords expecting to expand their portfolios, although he acknowledged difficulties in the market had made cases slightly harder to place, with a different mix of lenders involved compared to last year.

He added: “It is difficult to predict where the market goes from here in terms of prospects for 2008, but it should still be strong so long as the lenders’ appetite to lend remains. The appetite for business from the investors is as strong as ever.”

Nigel Payne, managing director of HBOS subsidiary The Mortgage Business, stressed buy to let was a resilient market, with the majority of investors in it for the long term, and argued that for this group, the current market problems represented a great opportunity.

“With the expectation that interest rates are not going to go up, and will most likely fall further, it is no surprise they are looking at tracker rates rather than fixed deals. The issue they face is that the range of options for them has reduced.”

 Taken From The Mortgage Solutions Website

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02/05/2008 by admin.

Hi

 Just wanted to welcome our visitors to our blog site and introduce ourselves and our services.

Greenlight Mortgage Services Ltd (GLMS) is owned and operated by property investors. Within our group we hold well over 150 properties across the UK and are made up of all types of properties.

 GLMS was set up primarily to deal with “Internal” mortgages but we are now rolling our services out to other Investors.

 Also within our group of companies we have a Conveyancing Firm, Winchesters Solicitors and a bridging finance company, Fairtrade Finance Ltd.

The Purpose of this Blog will be to keep our clients, both Internal and External, upto date with what is happening in the Mortgage Industry especially with Buy To Lets and Residential.

Just to finish for today, keep coming back regularly to keep upto date and post your thoughts and comments as well.

For now have a Great Day!!

 Regards

Wasim

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