You are probably aware that there are numerous commercial lending schemes available so it is important that the correct one is chosen to meet the needs of your business. In this respect, in this section of our website, you will find information about a number of lending schemes that we trust you find of benefit.
So, if you are looking to purchase some commercial premises with the help of a commercial mortgage or invest in new machinery supported by a business loan you have started your search in the right place.
Please select a service from the list below for more information.
Demand For Lending To SMEs Falls In Q3 2018
The Bank of England produces a quarterly survey called the Credit Conditions Survey in which it publishes information provided by banks and building societies relating to credit conditions over the previous three months and the following three months covering various unsecured and secured lending to a number of sectors such as households and small businesses. […]more
Q2 Sees Rise In Residential Mortgage Lending
Data published by the Bank of England/ Financial Conduct Authority shows that there was an increase in the amount of residential mortgage lending when comparing the second quarter of 2018 with the same quarter of 2017. In Q2 of 2018 the total amount of regulated and non regulated residential loans outstanding was £1,417.2 billion whereas […]more
Bank Of England Raises Base Rate
On the 2nd August 2018, the Bank of England announced that the base rate was to increase by 0.25% – from 0.5% to 0.75%. The rate was last increased on 1st December 2017 – from 0.25% to 0.5%. Such a rise will no doubt have an impact on the repayments that many people and businesses […]more
Base Rate Increase
It probably does not come as a surprise to people but the Monetary Policy Committee of the Bank of England met today (2nd November 2017) and announced that the base rate was to increase by 0.25% to 0.5%. This news will no doubt disappoint many of those people and businesses who are borrowing money as […]more
Residential Mortgage Approvals Drop In June
According to data available from the Bank of England, there has been a drop seen in the number of residential mortgages that were approved in June of this year here in the UK. Although this is disappointing news it is perhaps not a surprise. In June 2016, the number of mortgages that were approved on […]more
Will Commercial Borrowing Levels Increase Following Drop In Base Rate
In recent weeks, we have made reference to the fact that, here in the UK, there has been a drop in the amount being borrowed by way of development finance, bridging loans and lending to businesses in general. A few days ago, the Bank of England made the decision to lower the base rate from […]more
Average Residential Mortgage Interest Rates Drop To Record Level
You are no doubt aware that interest rates in the UK have, for many lending products, been extremely low in recent years and have remained so for a considerable period of time. Obviously this is good news for borrowers whether it is an individual looking for a residential mortgage or a business requiring commercial finance. […]more