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.
Increase In Lending To SMEs
According to UK Finance’s figures, the amount lent on a gross basis to Small and Medium-Sized Enterprises (SMEs) in the 9 months to 30th September 2020 amounted to £54 billion. Apparently that was more than twice the amount that was lent to SMEs here in the UK throughout the whole of 2019. Obviously, the coronavirus […]more
Gross Lending To SMEs Drops In Q1 2020
According to the Business Finance Review published by UK Finance earlier this year, the amount of gross lending to SMEs (Small and Medium Sized Enterprises) fell to £5.6 billion in the first three months of this year when compared with the last three months of 2019 when the figure was £6.1 billion. That equates to […]more
Business Finance Review – Highlights
UK Finance has produced a Business Finance Review covering the first quarter of 2019 that makes for interesting reading. You can read the full document on their website but we thought you may find some of the highlights of interest which we mention below. There are in the region of 4.5 million small and medium […]more
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
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
Gross Lending To SMEs Remains Positive In Q2 2018
Readers may be interested to hear that, according to data produced by UK Finance, lending to the SME sector in the second quarter of this year has been positive. Let us hope that this continues during the remainder of 2018 and beyond. In the second quarter new loans approved for small and medium sized enterprises […]more
Fall In Number Of New Purchase Mortgages In June
According to data published by UK Finance, there was a fall in the number of new mortgages completed for house purchases in June 2018. Let us have a look at some of the statistics that our readers should find of interest. In June, there were 33,700 mortgages completed relating to homeowners who were moving property. […]more
Fall In Business Lending In May
UK Finance has published some figures relating to the amount being borrowed by businesses here in the UK in May 2018. These figures reveal that there has been a drop in the amount lent by 2.5% in comparison to a year ago. The total amount outstanding in loans and overdrafts for non-financial business accounts in […]more
Gross Mortgage Lending Falls
You may be interested to read that in March 2018, according to UK Finance, the gross amount lent for residential mortgages amounted to £20.5 billion. This is actually a reduction of 2.3% when compared with March 2017. Obviously this is disappointing news at a time when the economy has appeared quite stable. It is to […]more
Remortgage Business Increases In January
According to data published by UK Finance there has been a record rise in the number of remortgages completed in the month of January 2018 when compared with figures for the last nine years. This would appear to be good news for both lenders and borrowers. In the first month of this year there were […]more