All the latest news about property funding in the UK. Bringing updates about commercial mortgages, buy to let mortgages and property development finance; mostly directly sourced from the industry press.
A recent study by the business software services provider, Sage UK, has found that almost 25% of requests by small businesses for business loans were rejected by the banks last year. The study is compiled from around 1,000 responses to a survey which shows that around a quarter of all UK small and medium sized …
The Telegraph is reporting that the big property developers are keeping busy. Whilst not exactly boom time again it seems that things are at least stabilising, and not getting any worse. http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/9001042/Housebuilders-to-report-resilient-property-market.html Meanwhile a survey by the Halifax of local authority areas shows that if you’re living in the right part of the UK and …
Whether for personal or business reasons there are many people that are needing to improve their credit rating. Whether your score only needs a small boost or a complete overhaul, these tips can help you get your credit score where you want it to be. Remember that business creditors also report the conduct of your …
According to Zoopla buying property is now cheaper than renting in 47 of the 50 largest towns and cities across the country. However Zoopla have been a little bit loose with their maths to arrive at that conclusion. They have taken a 100% Loan-to-value mortgage product (which probably does not exist) and compared the monthly …
Companies will no longer be able to offer customers mortgage suggestions about a non-advised basis under proposals in the Mortgage Market Review. And whilst the activities of commercial mortgage brokers are not currently regulated it could have a knock on effect. The FSA says it felt borrowers could not make the main difference between what …
This is an introduction to commercial mortgages to help you understand what you need to do to successfully get a commercial mortgage for your business. The principles are the same whether you are a sole trader or limited company. However it is worth bearing in mind that most limited companies have multiple directors, so as …