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.
Q2 Sees Drop In Mortgages In Arrears
Many homeowners have a residential mortgage here in the UK and, unfortunately, some borrowers do get into financial difficulty and get behind with their mortgage repayments. So, how many people are in arrears? Well, according to data published by UK Finance, the number of homeowners falling into arrears equating to 2.5% or more of the […]more
Property Transactions In The UK Fall
You may be interested to read that, according to data produced by HM Revenue and Customs (HMRC), there has been a significant fall in the number of both residential and non-residential property transactions here in the UK in the 12 months to July 2019. Presumably, this will have had an impact on the number of […]more
Bank of England’s April Lending Statistics Make For Interesting Reading
On a regular basis, the Bank of England produces various lending statistics so we thought that you would find it interesting if we shared some of the data with you. If you would like more detailed information it can be found on the above bank’s website. Loans to SMEs in April 2019 rose by £0.2 […]more
Why Pay A Mortgage Broker A Fee?
If you require business finance such as a commercial mortgage then there are a number of ways that you can source such funding. For instance, you can approach your own bank that is what a lot of business owners do, you can contact other high street lenders, you can use the likes of the Internet […]more
Where To Get A High LTV Commercial Mortgage
Here in the UK, there are many providers of commercial mortgages for businesses of varying sizes. They can be used for a variety of purposes such as to buy commercial premises. The major banks and building societies are popular providers of such finance but some may be somewhat restrictive when it comes to the maximum […]more
Should You Fix Your Commercial Mortgage Interest Rate?
Following the recent increase in the Base Rate that was announced by the Bank of England by 0.25% to 0.5%, some business owners who are considering applying for a commercial mortgage or already have one that is on a variable rate of interest may be wondering if they are better being on a fixed rate […]more
Commercial Finance For Debt Consolidation
A commercial mortgage can be taken out for a variety of purposes such as to purchase and/or renovate business premises or perhaps to buy an established business. Another purpose that some lenders may consider lending on a commercial mortgage for is to consolidate one or more existing debts. So, when and why would a business […]more
Nationwide Withdraws From Lending To Buy Commercial Property
It was interesting to hear that the Nationwide Building Society is to stop lending for commercial property. Apparently, such lending is not a priority area moving forward with such lending totaling £2.7 billion. The building society announced half-year pre-tax profits up to the 30th of September 2016 of £696 million that is much lower than […]more
When May A Second Mortgage Be Required?
If your business is looking to borrow funds such as by way of a commercial mortgage then the lender will usually require one or more forms of security. This could be a first legal charge over the business premises plus a personal guarantee either unsupported or supported by a second mortgage. In the case of […]more
Business Borrowing Increases In July
According to data produced by the British Bankers Association (BBA), July 2016 saw an increase in the amount lent to non-financial businesses by high street banks. This is obviously good news for all those businesses requiring finance of some kind whether it is by way of the likes of a commercial mortgage, bridging loan, business […]more