02076920633 info@fordongroup.com


At Fordon, we believe in power of sharing, growth and knowledge. Unlike any other agent, we give our valued clients an opportunity to join us once a month to benefit from an investors evening where we discuss all aspects of properties and finance. Whether you are retaining, buying or selling your asset, we have a team of the most knowledgeable tax advisors, accountants, developers, mortgage brokers and solicitors who come together to share best practices and information on industry changes to help you achieve your financial goals.


Due to the recent uncertain times caused by COVID-19 worldwide outbreak, the insurance premiums have significantly reduced, offering clients lower monthly outgoings and higher level of cover. Insurance can protect you and your families’ financial future by stepping in and paying off your debts, loans, or mortgages in the event of death or critical illness. Insurances give you the peace of mind knowing that your loved ones will not be burdened by your financial commitments.

For serious illness insurance, you will receive a lump sum pay-out based on the severity of your illness so that you do not have to worry about any cost and that you can solely focus on your recovery.

In the absence of an insurance policy, you are at risk of losing your home however, using a combination life and critical illness insurance, we can ensure that your home and loved ones will be protected in every eventuality.

What is Critical Illness Cover?

Critical Illness Cover can help minimise the financial impact on you and your family if you become critically ill. It’s an option that can be added for an extra cost when you take out Life Insurance or Decreasing Life Insurance. It will pay out a cash sum if you’re diagnosed with, or undergo a medical procedure for one of the specified critical illness that we cover during the length of your policy.

What is an Income Protection Cover?

A monthly income if you can’t work.

When you’re ill or injured and can’t work, our Income Protection Insurance is there to support you. It pays a proportion of your lost earnings so you can concentrate on looking after your health.

Our expert team with extensive insurance and industry experience will be happy to tailor the most suitable insurance structure for you.

We look forward to working with you!





The value of homes in London is now more than all the houses in Scotland, Wales and the north of England combined.

The research also reveals how property values in the south have escalated since the financial crash of 2007-08, despite incomes remaining relatively flat.

In 2007 we estimated that the UK’s housing stock was worth a total of £4,077bn, but over the past 10 years the figure has risen to £6,015bn.

To put the £6tn figure into context, it is nearly four times the size of the UK’s national debt, which is currently just over £1.8tn, and three times our total national output in 2016 (around £2tn). But even if every house in Britain was sold, the money raised would pay off less than half of the US’s national debt.

The big rises in the value of the UK’s housing stock have mostly taken place in the south. In 2007, the value of housing in the north-east was estimated at £114bn, but today it stands at £136bn – an increase of £22bn.

But in London, houses have jumped in value from £718bn in 2007 to £1,338bn today, a gain of £620bn. Over the same period the value of properties in Northern Ireland actually fell.

In total, 68% of private property wealth, amounting to £3.8tn, is concentrated in the south, up from 62% in 2007.

The stock of privately owned homes in Britain also increased in number from 21.5m to 23.4m.

Among the biggest gainers of property wealth in the south have been landlords and second home owners. Banks said that while the average rate of owner-occupation in the UK was 63%, it stands at just 48% in London.

The vast majority of housing wealth is owned by the over-55s. Most banks estimated that under 35-year-olds own just 3.3% of the UK’s net property wealth, while the over-55s hold 63.3%.

The value of housing stock has grown by close to £2tn in the past decade, and with the equity rich regions of London and the south-east largely responsible, it highlights a considerable regional imbalance in the distribution of housing.





Over the past year, house prices in the UK have increased by nearly 2%. As a result, a typical three-bedroom semi-detached home in the UK, now costs an average of £303,199. Looking at this in more detail, the UK house price index in August 2017 had grown to 4.5%, in January 2018, growth slowed to 3.8% and in May 2018, the index further dipped to 1.7%.

The growth rate is under the Consumer Price Index (CPI) inflation rate of 2.3% which will hopefully prompt more buyers and sellers into the market. Furthermore, data provided by The Office for National Statistics (ONS) shows that house prices in the Capital are falling at their fastest annual rate since the depths of the financial crisis in 2008. The ONS, have reported that rents have also dropped at the fastest pace in eight years.


According to Reuters, London has been the hardest-hit property market in the UK since the Brexit vote in 2016. Buyer appetite in the Capital, has been affected by the concerns over the stability of financial services jobs and tax uncertainty after Brexit. However, there are signs of improvement, as house prices in prime locations of London, such as Kensington, are still increasing by 12.7% annually, showing that confidence in primed-location properties remains strong.


The Bank of England increased interest rates from 0.5% to 0.75% in August 2018. Analysists have predicted that over the course of the next two years, there will be further interest rate increases as a consequence of Brexit. In the event of a no-deal Brexit, Mark Carney, Governor of the Bank of England has suggested that UK house prices could plummet by up to a third over the next three years.

To conclude, the future of house prices in the UK will depend heavily on the event of Brexit and whether the UK can make a deal with the EU. If the UK and the EU are unable to make an agreement, it may cause Sterling to depreciate, interest rates and inflation to increase, causing mortgage rates to increase tremendously and house prices to plummet.

On the other hand, if the UK could make a deal with EU, the UK could restore its confidence, gradually improving its economy, leading to an overall improvement in the housing market in London.





Bridging Finance is a short-term loan where people need an instant mortgage (24-48 hours) to complete the purchase of property whether it is for living, property investment, buy-to-let, or development. Bridging Finance is designed to help people who desperately need a short-term mortgage to pay up front before getting a traditional loan from the bank which it takes longer time to be able to access to the needed loan. In the wake of financial crisis, Banks reluctantly lend out the load because banks are fear of default that is where bridging lenders come into the market.

There are two types of bridging loan. First, closed bridging loans are a line of credit where the bridging loan is taken out, the borrower has planned exit to repay the loan. For example, the borrow knows exactly when will a source of fund be available to repay the loan before the end of the agreement with lender. Second, open bridging loans is a loan where borrow wants to settle a transaction in an instant, yet does not have time to arrange funding ahead. In this instance, borrow plans to exit the agreement with lender by selling the property.

The interest rate of bridging finance tends to be higher than traditional loan because it can be given in an instant. The interest can be as high as 18% per annum or 1.5% per month. So, before taking bridging finance, people must factor time, interest rate, and repayment methods into the account, otherwise the cost of bridging loan could significantly mount up.