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.
Mortgage Balances Outstanding Continue To Rise
Many people here in the UK want to own their own property but some find it too expensive or have difficulty in obtaining a mortgage so resort to renting. However, statistics produced by the Building Societies Association (BSA) reveal that the amount of balances outstanding on mortgages has continued to rise. This is evidenced by […]more
January Sees Rise In Number Of First Time Buyer Mortgages
According to data produced by UK Finance, there was an increase in the number of newly completed first time buyer mortgages in January 2019. In the first month of this year the number of such mortgages completed was 25,100 with this being a rise of 4.6% when compared with the same month in 2018. This […]more
Percentage Of Valuations For Remortgages Increases
You may be interested to read that, according to Connells Survey and Valuation, in August of this year the percentage of remortgage valuations increased when compared with the same month last year. Apparently, in August 2017, 37% of valuations were for remortgage business with this being a rise of 3% in comparison to August 2016. […]more
Interesting Mortgage Data
The Council of Mortgage Lenders (CML) provides some interesting statistics about residential mortgages here in the UK for 2016. Below, we mention some of this data but full details can be found on the website of the above. There are 11.1 million properties here in the UK that have mortgages on them with 83.3% being […]more
First Time Buyers Borrow More
According to data produced by the Council of Mortgage Lenders (CML), there was an increase in the amount borrowed by first time buyers in the second quarter of 2016 by way of residential mortgages. Potentially, this could be good news for the housing market although the figures are pre-Brexit so it will be interesting to […]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
Number Of Repossessions Fall
Apparently, according to the Council of Mortgage Lenders (CML), the number of repossessions that took place on residential properties has fallen in the first three months of 2016 when compared to the same period last year. We are sure that you will agree that this is certainly good news. In the first quarter of 2016 […]more
Residential Mortgage Fees At Their Highest Since May 2014
There are an awful lot of providers of residential mortgages who also offer a wide selection of mortgage products including fixed and variable rate packages. Many borrowers are currently benefiting from low interest rates and, although nobody knows for definite, it may be that rates could remain low for some time. However, Moneyfacts.co.uk has carried […]more
Residential Mortgage Figures Look Favourable
Statistics have been produced by the British Bankers’ Association (BBA) that make for interesting reading in respect of residential mortgage lending. Below we cover some of the highlights of the data. The number of mortgages approved in November 2015 has increased in comparison to the same period last year. There were 44,960 mortgage approvals last […]more