All the latest news on Commercial Mortgages and general business lending. Independent and unbiased information about commercial lending.
Are you planning to take on more new staff in the early part of 2010? According to smallbusiness.co.uk there are quite a few of you out there who are planning to increase your workforce. Small businesses say they intend to take on more staff in the New Year. One-quarter of SMEs are planning to hire …
Might seem hard to believe but despite all the recent bad news a significant proportion of people in the UK still say they want to start their own business. Of 2,121 adults surveyed, some 17 per cent want to launch a start-up, according to social enterprise organisation Enterprise UK. The body predicts that if one …
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 …
Anyone who has a Commercial Mortgage will (or should) be familiar with LIBOR. So they should also be quite pleased that LIBOR has reached a record low. LIBOR is the rate which determines the cost of most commercial mortgages and many other forms of borrowing. The rate coming down may bring good news in that …
Whilst helping a friend work out the costs involved in raising a commercial mortgage recently I suggested that they use a commercial mortgage calculator. It turns out that this simple piece of advice actually involves a lot more work. With home loans it is quite easy to find a calculator which will quickly display the …