Commercial Mortgage limited time deals

Commercial Mortgage – Is Competition Back?

Commercial Mortgages – Is Competition Back? For the last few years the cost of commercial mortgage borrowing has steadied but has remained fairly static across the market. We have seen no real breakaway in competition or divergence in interest rates. There are a few signs that is changing. Since the outbreak of Covid we have
-> Continue reading Commercial Mortgage – Is Competition Back?

commercial mortgages recovery loan scheme

Commercial Mortgages using Recovery Loan Scheme

Commercial Mortgages – Recovery Loan Scheme The Recovery Loan Scheme is fairly well known. What is less well known is that you can use the Recovery Loan Scheme for commercial mortgage borrowing. This means businesses who own their own trading premises as well as commercial property that is held as an investment and let out.
-> Continue reading Commercial Mortgages using Recovery Loan Scheme

bounce back loan options

Your Bounce Back Loan Options

Your Bounce Back Loan Options The video below was released by the British Business Bank and applies to all bounce back loans regardless of which lender you borrowed from. As repayments start to fall due, you now have a few options should you need to buy a little more time or want to shield your
-> Continue reading Your Bounce Back Loan Options

what libor changes mean for borrowers

What LIBOR changes mean for borrowers

What LIBOR changes mean for borrowers LIBOR will disappear at the end of 2021. At the moment many commercial borrowers will be borrowing on a rate linked to LIBOR. Lenders are starting to send out letters and communication to borrowers, with that in mind I want to provide some detail and understanding as to what
-> Continue reading What LIBOR changes mean for borrowers

Capital allowance march 2023 new equipment

Equipment & Asset Finance – Capital Allowances

Equipment & Asset Finance – Capital Allowances Also known as the ‘super deduction‘, there is an increase in what companies can claim back against their corporation tax when purchasing new assets or equipment. Historically, companies could claim back the cost of new equipment and asset purchases as a P&L cost, meaning that their corporation tax
-> Continue reading Equipment & Asset Finance – Capital Allowances

holiday let mortgages

Holiday Let Mortgages

Holiday Let Mortgages Statistics from one holiday let mortgage lender showed a 30% jump in holiday let mortgage applications in the six months to March 2021. The average price of a holiday let purchase had increased from £387k in October 2020 to £435k in March 2021. This is a 12% increase in just six months.
-> Continue reading Holiday Let Mortgages

recovery loan scheme latest news

Recovery Loan Scheme – Latest Updates

Recovery Loan Scheme (RLS) The successor to CBILS and BBLS (and probably EFG also) remains on track to launch on 1st April, traditionally not a good day for anything to be taken too seriously, however there are some serious facts emerging. For details on how to apply then click here and we will send them
-> Continue reading Recovery Loan Scheme – Latest Updates

open banking lending businesses truth

Open Banking – The Truth & What it Does

Open Banking – The Truth There is a video here, if you want the wordy explanation, here goes. Open Banking is a system that allows one piece of software to access your bank details. For many of us we do this all the time when paying online or connecting our business account to Xero or
-> Continue reading Open Banking – The Truth & What it Does

Call Now Button