The Small Business Finance website has reported that inflation has started to creep upwards. Consumer Price Inflation (CPI) annual inflation, the government’s target measure, was 1.5 per cent in October, up from 1.1 per cent in September. Meanwhile, the retail inflation (RPI), which includes mortgage interest payments and housing costs, rose to -0.8 per cent …
The Independent has reported that the commercial property market is showing signs of life. Granted that coming from a very low base line any improvement is going to look significant. However good news is good news. Here’s a snippet of the article, you can read the full piece here. About a year ago, observers of …
So on the one hand we appear to have reports saying that banks are not lending to businesses, and then we hear the banks saying “but nobody wants to borrow”. Is it any wonder that people get confused. The majority of businesses are choosing not to seek extra funding, claims a report from HSBC. According …
We thought that Mezzanine finance in the property industry had all but disappeared. Two or Three years ago there were plenty of options with Mezzanine finance with lenders keen compete with each other. Coupled with increasingly aggressive funding terms at ever lower margins,and senior debts pushing past 90% of the value there was not much …
85% Buy to Let Mortgages are back! A new BTL mortgage has been released which is apparently taking the market by storm. This product is ideal for investors buying property below market value as the lender will consider loans of 70% of the open market value to 85% of the purchase price! For Example: Purchase …
The FSA has today launched a discussion paper on consumer responsibility and said that it wants to explore what steps it or others could take to help consumers understand and protect their own best interests more effectively. The protection of consumers is one of the FSA’s four statutory objectives and the discussion paper aims to …