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
Rise In Bridging Loan Volume
MT Finance Ltd (mtf), a provider of bridging finance here in the UK, has recently produced results of a survey it carried out with 119 brokers. The data reveals that the volume of bridging loans increased in Q1 of 2018 with 30% of the brokers participating in the survey. 10% of brokers felt that volumes […]more
Short Term Lenders Remain Positive
The Association of Short Term Lenders (astl) has recently announced some positive data relating to how its members feel about the bridging loan market. Below we provide some of the information that we trust you will find of interest. Apparently, 63% of members of the Association of Short Term Lenders expect their bridging finance sector […]more
When Should You Consider Consolidating Business Liabilities?
If your business has been trading for a number of years then it is quite possible that you have taken on one or more liabilities. For instance, your business may have an overdraft facility in place, hire purchase and a business loan or two for a variety of repayment terms and different interest rates. For […]more
Arrears Figures For Buy-To-Let Mortgages Concerning
Readers may be interested to note that, according to data from UK Finance, the number of buy-to-let mortgages that are in arrears has increased when comparing the last quarter of 2017 with the same quarter in 2016. Obviously this is disappointing to hear and let us hope that the situation improves in the remainder of […]more
Peer 2 Peer Lending Increases
According to data on the website of the Peer To Peer Finance Association website there has been a steady increase seen in the amount lent by members. The members are ThinCats, Landbay, Funding Circle, Crowdstacker, Folk2Folk, Lending Works, Market Invoice and Zopa. For instance, in the first quarter of 2017 the cumulative lending figure was […]more
Gross Mortgage Lending Statistics Look Positive
The Building Societies Association (BSA) has recently published some data relating to residential mortgages here in the UK. They make for interesting reading and we highlight some of the data. In 2017, the total gross lending figure was £257,227 million with this being an increase when comparing the figures for 2016 when the total gross […]more
Business Lending Falls In January
According to the statistical release published by the Bank of England on 1st March 2018 entitled Money and Credit: January 2018 there was a drop in the amount outstanding on loans to businesses here in the UK in the month of January 2018. It is perhaps a little concerning as it is the biggest fall […]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