Is There A Benefit In A Lower Loan To Valuation (LTV)?
If your business is seeking finance over the medium to long term perhaps to purchase new premises then is their any advantage in contributing more of the business’s funds to the purchase resulting in a lower level of borrowing being requested? In short, the answer may be ‘yes”. When you approach your bank or other […]more
Developers Need To Build More Affordable Housing
We are sure that some property developers would welcome the opportunity to build more affordable housing here in the UK with many no doubt requiring financial support to do so by way of appropriate development finance. According to a report produced by the Joseph Rowntree Foundation there has been a considerable shortfall in the number […]more
Does Your Business Have A Cash Flow Issue? – What To Do.
There are many businesses here in the UK that are struggling financially on a short term basis. For instance, it may be that one of your customers is late paying the invoice you sent to them which is putting pressure on your own cash flow resulting in you not being able to pay one or […]more
Bridging Finance – What Happened In 2017?
For quite some time, we have been providing periodic updates about certain statistics relating to the bridging loan sector. This information was originally produced on the Bridging Trends website with the lenders contributing being mtf, Brightstar, Short Term Finance, Positive Lending and Enness. There is now some bridging finance data relating to the whole of […]more
Brokers Positive About Bridging Finance In 2018
Based upon a recent Broker Sentiment Survey by mtf that is a provider of bridging finance, many brokers are positive about how they feel this important sector of lending will progress this year. This no doubt bodes well for the consumer as one would have thought that if the bridging loan market place looks good […]more
Can You Get A Loan For Your Business With Bad Credit?
Unfortunately, a lot of business owners here in the UK have a bad credit rating so, when it comes to seeking finance, it can present him or her with a problem in trying to source a lender. So, what are some of the options available? Well, how poor your credit rating is may have an […]more
Interesting Mortgage Statistics From UK Finance
According to data produced on the website of UK Finance, residential mortgage lending to those home owners moving to another property was £7 billion in October 2017. This was an increase of almost 3% when compared to September of last year and, when compared with October 2016, such lending had gone up by over 18%. […]more
Non Financial Business Lending Deteriorates
According to the Statistical release Money and Credit: November 2017 report published by the Bank of England on the 4th January 2018 the annual growth rate in non financial business lending in November 2017 deteriorated when compared with the same month in 2016. The report makes for interesting reading and can be viewed in full […]more
The Business Finance Guide – worth a read!
The Business Finance Guide is published by the British Business Bank and the ICAEW’s Corporate Finance Faculty and is worth taking a look at. It can be accessed through the bba.org.uk website. It provides various businesses with the opportunity to find out about a range of finance options and where such lending can be sourced. […]more
What Is The Home Building Fund?
The Government is keen to have more homes built in the UK both for owner occupation and renting out. However, a stumbling block can be the availability of development finance to builders both large and small. This is one of the reasons why the Home Building Fund was set up by the Government here in […]more
Illegal Money Lending In The UK
The Financial Conduct Authority (FCA) published a document last month entitled “Shining a light on illegal money lending: consumer experiences of unauthorised lending in the UK”. You can read it in full on the FCA website but we thought you may find it of interest if we highlighted some of the findings. To help produce […]more