We have listed below the most popular commercial briefings doing the rounds within
the commercial finance industry. Should you wish to read our archived commercial
briefings please click here.
Date: 2/8/2010
There has been an increasing trend in the last decade for care and nursing homes to be run independently by private individuals and small limited companies, whilst the majority remain under large corp...
Date: 2/5/2010
The Bank of England has decided against further quantitative easing (QE), the policy designed to stimulate growth in the UK economy.
Under QE, the Bank has pumped new money into the economy by buyi...
Date: 2/4/2010
Commercial mortgage holders could be affected after it was predicted that there would be a "double-digit rental growth" in 2010.
At Knight Frank's Central London office market breakfast, the proper...
Date: 2/3/2010
Commercial mortgage holders and investors are looking to London as the place to spend their money, a report has revealed.
PricewaterhouseCoopers (PwC) and Urban Land Institute carried out the rese...
Date: 2/1/2010
The average house price is expected to climb from £167,000 to £178,000, an increase of 6.5 per cent, predicts the Centre for Economics and Business Research.
This increase is far larger than the t...
Date: 1/29/2010
Commercial mortgage holders could see improvements in the market as the UK retail industry emerges from the recession.
This follows claims from the chief executive officer of TD Waterhouse Angus Ri...
Date: 1/28/2010
Measures to prevent taxpayers from ever having to bail out banks again have been discussed at a meeting chaired by the City Minister, Lord Myners.
The peer met officials from financial institutions...
Date: 1/27/2010
Commercial mortgage holders may be seen more life in the market as the UK exits the recession.
This is the view of the Guardian, which today took a look at the winners and losers of the economic do...
Date: 1/25/2010
Commercial mortgage owners who rent property in central London may be interested in claims that 2009 was an "exceptional" year for the industry.
Head of central London investment team at Cushman & ...
Date: 1/21/2010
Commercial mortgage customers may be interested in plans to provide more than 500,000 square feet of office and retail space in London.
Land Securities will begin a development programme in the Wes...
Date: 1/19/2010
Commercial mortgage holders looking for office space may like to know that Manchester's The Hive development has welcomed another tenant.
The Studio, an event specialist currently based in Birmingh...
Date: 1/17/2010
A US-style levy on British banks part-owned by the taxpayer has been ruled out by Chancellor Alistair Darling.
President Barack Obama is to hit the largest US banks with a 0.15% charge on liabiliti...
Date: 1/17/2010
Commercial mortgage holders may be interested in the case of a commercial landlord who issued a seven-figure bill to a council for repairs to his building.
The offices in Bournemouth were reported ...
Date: 1/12/2010
Commercial mortgage clients may be interested in reports of a project which will create 400,000 sq ft of office space in the capital.
The "cutting-edge" office complex will be built at Cannon Stree...
Date: 1/7/2010
Those looking for commercial mortgages may be affected by claims that the markets across Europe "will remain soft" for the next two to five years.
Property consultancy group King Sturge yesterday (...
Date: 1/5/2010
Commercial real estate and office spaces are among the plans for industrial wasteland site Battersea Power Station in London.
Reuters reported that the area is subject to various planning applicati...
Date: 1/5/2010
Whilst 2009 packed enough volatility and uncertainty into the commercial property market to last us at least another ten years, pundits are already queuing up to try and pinpoint how the peaks and tro...
Date: 12/23/2009
The commercial mortgages market is in recovery, according to analysis from moneysupermarket.com.
It was found that the market as a whole has improved since reaching a low in August this year.
Si...
Date: 12/21/2009
Banks may start selling commercial property as they panic about potential losses, the Guardian states.
In a Bank of England report it was noted that commercial property prices had fallen by 50 per ...
Date: 12/18/2009
More people may default on commercial property mortgages and loans, reaching a peak in 2010, according to Fitch.
The Telegraph reported that the international bank rating agency predicts further di...
Date: 12/14/2009
Chancellor Alistair Darling's pre-Budget report (PBR) earlier this week may well have an affect on those with commercial mortgages.
During his Wednesday speech, Mr Darling announced empty commercia...
Date: 12/11/2009
Commercial mortgage holders could increasingly consider sustainability in their sector as it recovers from the economic slump in the months to come.
According to Clive Bull, partner of real estate ...
Date: 12/10/2009
The Bank of England is expected to announce no change in policy when it reveals the outcome of its most recent meeting later.
The Bank is likely to hold interest rates at 0.5% and leave its £200bn ...
Date: 12/8/2009
The commercial property market will be "volatile" in the coming months, according to the head of property equities at Henderson Global Investors and chair of investment expert Reita.
Patrick Sumner...
Date: 12/7/2009
British banking chiefs have reacted angrily to news the Treasury is drawing up plans for a one-year windfall tax on bonuses paid to some UK-based bankers.
A scheme could be unveiled in Alistair Dar...
Date: 12/4/2009
Retail warehouse parks, prime shopping centres and modern central London offices could prove to be attractive investments for commercial mortgage holders.
Patrick Sumner, head of property equities ...
Date: 12/1/2009
UK house prices have risen for the seventh consecutive month, helped by better-than-expected news from the job market, the Nationwide has said.
The building society said that the average home incre...
Date: 11/30/2009
Higher commercial mortgage take-up for distressed property could be a feature of the business bricks and mortar market in the coming months.
Dan Fasulo, managing director at global research and con...
Date: 11/27/2009
Worries over Dubai's debt problems have driven Asian share prices down sharply.
The move by state-owned Dubai World to delay paying some of its debt shook the markets in Europe on Thursday and thos...
Date: 11/26/2009
Taking out a commercial mortgage now could be "a very sound investment" for a number of people, it has been suggested.
According to British Property Federation media manager Andrew Teacher, the ris...
Date: 11/25/2009
The Supreme Court will hand down a judgement on Wednesday that could lead to billions of pounds being refunded to millions of bank customers.
Lord Phillips will reveal the Court's decision on an ap...
Date: 11/24/2009
Institutions are keen to write cheques to the commercial property industry - which may involve taking out business mortgages - because they see such a move as a "very strong and sturdy investment".
...
Date: 11/23/2009
The recession has become the catalyst for a new era in business, according to a report by the CBI.
The study by the employers' group identifies four key areas of UK business where new ways of worki...
Date: 11/20/2009
Some 12 per cent of firms increased their occupied space during the same six-month period and the survey suggested that the leisure, property and retail sectors might be among the most likely to take ...
Date: 11/18/2009
The City is awaiting the latest rules to affect the banking industry, to be unveiled in the Queen's Speech.
The speech later will include the long-awaited Financial Services Bill.
The bill is l...
Date: 11/17/2009
Banks should pay a new 10% tax on their profits in return for the support they received from the taxpayer, according to the Liberal Democrats.
Treasury spokesman Vince Cable told the BBC that banks...
Date: 11/16/2009
The UK's economy is "on the road to recovery", according to Hetal Mehta, senior economic advisor to the Ernst & Young ITEM Club.
She said that "there is little doubt" that improvements in the natio...
Date: 11/13/2009
Firms holding a commercial mortgage may benefit from a new system from the Royal Institution of Chartered Surveyors (Rics).
The new Ska Rating assesses the environmental impact of office fit-outs a...
Date: 11/11/2009
Lloyds Banking Group is to cut 5,000 more jobs by the end of next year as it continues to reduce overlap following its merger with HBOS last year.
Some of these cuts are temporary staff, but Lloyds...
Date: 11/9/2009
A study shows that almost half of small businesses have maintained their profitability.
This follows recent criticism by Lord Sugar, the government's enterprise champion, who described struggling s...
Date: 11/7/2009
Borrowers in the UK such as commercial mortgage holders yesterday (November 5th) learned that interest rates will remain the same for the next month.
The Bank of England's monetary policy committee...
Date: 11/5/2009
Those with commercial mortgages may wish to undertake repairs on the buildings they own ahead of the winter period.
William Davies, managing director of property maintenance firm Aspect Maintenance...
Date: 11/4/2009
Alistair Darling has welcomed the announcements that Royal Bank of Scotland (RBS) and Lloyds Banking Group are to sell off hundreds of branches.
The chancellor said the sales, which had been demand...
Date: 11/3/2009
Maintenance of commercial property is not currently the primary concern for those with commercial mortgages, it would seem.
According to NB Real Estate's analysis of Office for National Statistics ...
Date: 11/2/2009
A big shake-up of UK banks with taxpayer support will be unveiled on Tuesday, the BBC understands.
Announcements on the future of Lloyds and Royal Bank of Scotland will be made jointly by the banks...
Date: 10/30/2009
UK house prices were higher year-on-year in October - the first annual rise for 19 months, the Nationwide has said.
Property prices were 2% higher in October than in the same month the previous yea...
Date: 10/29/2009
Excess stock in the secondary commercial property market means that demand among investors is "predominantly for prime" bricks and mortar, according to the director of policy at the British Property F...
Date: 10/27/2009
Mortgage lending increased by £3 billion between August and September of this year, bringing figures for house purchase activity back to the levels not seen since the final quarter (Q4) of 2007.
Th...
Date: 10/23/2009
Those with commercial mortgages in London may be among the investors witnessing a stabilisation in rent levels recently.
According to Clive Bull, head of central London investment at Cushman & Wake...
Date: 10/23/2009
It has been suggested that "the principal recipient" of recent good commercial property news is the city of London.
Clive Bull, head of central London investment at real estate advisor Cushman & Wa...
Date: 10/22/2009
Firms in the US which received billions of dollars of government aid in the financial crisis are to be told to cut the pay of top executives, reports say.
The seven companies that received the most...
Date: 10/20/2009
There are a number of ways the London Assembly is planning to keep London an attractive city for those with business mortgages and other commercial arrangements.
Darren Johnson, chair of the organi...
Date: 10/16/2009
Those looking to invest in commercial property have been advised to carefully consider their options before making the plunge.
According to Andrew Pitts of Money Observer magazine, there are numero...
Date: 10/14/2009
Royal Bank of Scotland (RBS) is battling to attract more small business customers as it comes under pressure to hit Treasury lending targets.This may prove of interest to those business clients lookin...
Date: 10/13/2009
The number of top lenders that are willing to offer the necessary business mortgage finance for commercial property deals has almost doubled, new research reveals.
Savills estate agency indicated t...
Date: 10/12/2009
UK interest rates will stay low for years amid tax rises and spending cuts, according to an economic forecast. This will be of interest to our commercial mortgage customers.
The Centre for Economic...
Date: 10/9/2009
Grey, concrete, 16-storey Thames Tower is typical of the newly-built or renovated apartment blocks thrown up across cities in the UK in recent years.
It dominates the skyline on the northern tip of...
Date: 10/8/2009
Those considering taking out commercial mortgages may be interested to hear the comments made at a recent commercial property event in Cardiff.
BNP Paribas Real Estate head of research Keith Steven...
Date: 10/7/2009
The entire banking industry "owes the real world an apology", the chairman of HSBC has said.
Stephen Green told BBC World Business Report that a change in culture was needed to improve the public's...
Date: 10/6/2009
A number of high-profile investors are considering putting their money into commercial property again, which may convince others to take out business mortgages.
The Times reports that interest in t...
Date: 10/2/2009
UK house prices have now recovered to the same level as a year ago, according to the latest Nationwide figures.
The average price of a home last month was equal to September 2008, it said.
The ...
Date: 9/29/2009
The French bank BNP Paribas has announced that it is to repay the emergency funding it received from the government earlier than expected.
The French state bought 5.1bn euros ($7.5bn; £4.7bn) in no...
Date: 9/28/2009
The City of London office market probably turned a corner in the second quarter of this year in terms of leasing, according to director of research at Savills Mat Oakley.
He claimed that the West E...
Date: 9/24/2009
Chancellor of the Exchequer Alistair Darling has warned bankers that the party is over and they must realise that the world has changed.
He made the comments in a BBC interview before leaving for t...
Date: 9/23/2009
The improvement in the commercial property market is expected to be "fairly gradual" in the coming months, according to the Royal Institution of Chartered Surveyors.
Its chief economist Simon Rubin...
Date: 9/17/2009
The price of commercial property has increased for the first time in over two years, new figures have shown.
A study by the Investment Property Databank (IPD) revealed that capital growth in the c...
Date: 9/15/2009
Whether it is homeowners seeking a mortgage to buy a house or business bosses looking for commercial mortgages, it would seem that it is important to get some advice on the subject.
Catherine Hearn...
Date: 9/14/2009
Those with commercial mortgages will have seen the Bank of England's monetary policy committee (MPC) hold interest rates at 0.5 per cent today, but there are apparently still a number of financial res...
Date: 9/9/2009
The world will suffer another financial crisis, former Federal Reserve chief Alan Greenspan has told the BBC.
"The crisis will happen again but it will be different," he told BBC Two's The Love of ...
Date: 9/8/2009
Business mortgages could soon be in higher demand as reports suggest that the commercial property market is taking a turn for the better.
The Investment Property Databank Monthly Index is showing s...
Date: 9/4/2009
Finance officials from the Group of 20 richest nations are set to outline a commitment to boosting the global economy when they meet in London later.
They are gathering as friction mounts over when...
Date: 9/3/2009
Landlords have been boosted by suggestions that the long-term future of the property market will be positive for them.
Mark Garner, managing director at LettingZone, explained that a low interest ...
Date: 9/1/2009
Now is "as good a time as any" to establish a new business, according to a spokesperson for workplace solutions provider Regus.
Starting a company may require an entrepreneur undertaking research t...
Date: 8/27/2009
Written by Jeni Browne
Commercial mortgage holders looking to offload property may have a famous buyer heading on to the market.
Gerald Ronson, who was convicted for his part in the Guinness sha...
Date: 8/25/2009
Written by Gavin Elley
As the value of some prime commercial properties begins to stabilise, some firms are looking "to get in on the act", according to the manager of the Scottish Widows Investmen...
Date: 8/21/2009
There are some sure signs that the commercial property market in the UK is nearing the bottom of its downturn, according to Oliver Gilmartin, senior economist at the Royal Institution of Chartered Sur...
Date: 8/20/2009
The's UK public sector net borrowing totalled £8bn last month, the first July deficit for 13 years, official figures have shown.
The figure was much worse than the £500m deficit expected by analyst...
Date: 8/17/2009
CB Richard Ellis (CBRE) Research and Consulting has released a report that will have implications for those with commercial mortgages.
Its Global MarketView analyses the latest global economic and ...
Date: 8/17/2009
Japan has come out of recession after its economy grew by 0.9% in the April-to-June quarter.
The growth comes after four consecutive quarters of contraction.
Correspondents say that the rise is...
Date: 8/13/2009
There is now less of a "fast-buck" attitude among commercial property mortgage holders than before, it has been noted.
According to property consultancy Lambert Smith Hampton (LSH), long-term strat...
Date: 8/10/2009
Landlords and the National Union of Students (NUS) have rejected government proposals to limit house-sharing.
The government may give councils the power to limit the number of houses in multiple oc...
Date: 8/7/2009
The signs are clear that the UK is set to pull out of recession in the coming months, it has been suggested.
According to Michael Baxter, economist at financial data research firm Defaqto, recent C...
Date: 8/4/2009
The commercial property sector is continuing to "firm", according to analysis from BDO Stoy Hayward.
Figures from the accountancy firm show that June saw an increase in commercial property transact...
Date: 7/30/2009
The UK's largest building society believes there is a "reasonable chance" that house prices could end the year higher than they started 2009.
Such an outcome was "unthinkable" a few months ago, the...
Date: 7/29/2009
The UK operations of Spanish banking group Santander - which includes Abbey and Alliance & Leicester - saw revenues up 20% in the first six months of 2009.
Santander said a growing range of investm...
Date: 7/27/2009
In a statement that will be of interest to UK business and those with commercial mortgages, the UK's banks have insisted that lending to small firms is continuing to rise, as they prepare to meet the ...
Date: 7/24/2009
The pace of tenant demand declines has slowed, according to new figures which hint at a turnaround in commercial property occupancy.
Figures from the RICS Commercial Property survey show that the p...
Date: 7/21/2009
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Date: 7/19/2009
Commercial property values may continue to fall for the next 12 months, according to property economist Kelvin Davidson.
Mr Davidson, of Capital Economics, stated that while some yields on prime pr...
Date: 7/15/2009
The fact some banks are starting to lend for private finance initiative (PFI) projects again is "good news", according to the chief economist at the Royal Institution of Chartered Surveyors (Rics).
...
Date: 7/13/2009
LLOYDS Banking Group is set to reveal up to £13 billion of write offs on bad debts when it publishes results for the first six months of the year.
The part-nationalised group is expected to take the ...
Date: 7/10/2009
The Nationwide Building Society has introduced a mortgage allowing borrowers to take loans worth 125% of the value of the home they are buying.
It will only be available to existing customers in ne...
Date: 7/9/2009
Central London office take-up has improved during the last quarter and has been described as "fairly substantial in the city".
That is the view of James Roberts, who is head of research in the regi...
Date: 7/7/2009
An increase in enquiries related to commercial finance products has been noted by independent buy to let mortgages and commercial mortgages expert Mortgages for Business.
Michael Aglony, marketing ...
Date: 7/3/2009
It would be "disastrous" for bankers if they returned to their old ways and repeated past mistakes, Chancellor Alistair Darling has warned.
As reports suggest a return of the City bonus culture, Mr...
Date: 7/1/2009
The Institution of Commercial & Business Agents (ICBA) has called on the government to make clear the rules regarding Energy Performance Certificates (EPCs) and commercial property.
It would seem t...
Date: 6/29/2009
There are signs that the financial services sector is emerging from the worst of the downturn, a quarterly survey from the CBI suggests.
The UK's finance services sector could be on a "gradual" roa...
Date: 6/26/2009
There are "many more people" than in previous years who are seeing opportunities to start up their own business, according to national enterprise network the NFEA.
The group has claimed that this a...
Date: 6/24/2009
FSA chief proposes a tax on size to stop institutions becoming 'too big to fail'
By Sean O'Grady, Economics Editor
Financial institutions in the City of London are in danger of reverting to t...
Date: 6/23/2009
The future of overdraft fees paid by millions of customers could be decided after an appeal in the House of Lords this week, starting on Tuesday.
Five Law Lords will hear an appeal by the UK's main...
Date: 6/21/2009
UK firms have been told that the government is taking action to ensure they stay in business.
New housing and planning minister John Healey addressed delegates at the Chartered Institute of Housing...
Date: 6/18/2009
The governor of the Bank of England has called for greater powers to allow it to fulfil its new role of promoting financial stability.
In a major speech in London, Mervyn King said the Bank could n...
Date: 6/17/2009
The Chancellor will warn that national regulators also need to keep their own house in order rather than look to new European Union and worldwide watchdogs to monitor their behaviour. This will be of ...
Date: 6/16/2009
The Bank of Japan (BOJ) has said the Japanese economy has begun to stop deteriorating, but it has still kept interest rates unchanged at 0.1%.
The assessment was more optimistic than at last month'...
Date: 6/15/2009
The commercial property market in the north-east of Scotland is holding up "remarkably well", according to managing director of building and property consultant FG Burnett.
Angus MacCuish said this...
Date: 6/9/2009
Rising interest from potential buyers coupled with falling numbers of sellers is stabilising UK house prices, according to surveyors, which may also interest those with commercial mortgages or buy to ...
Date: 6/5/2009
Landlord website Smartlandlord.co.uk has revealed that now could be an ideal time for buy to let investors to purchase property.
With property prices supposedly bottoming out - research from financ...
Date: 6/3/2009
The Australian economy has unexpectedly avoided falling into recession after its economy grew by 0.4% in the first three months of 2009.
Increased exports and consumer spending helped the economy t...
Date: 6/3/2009
Businesses should not be focusing on "what ifs" when it comes to organising office space and commercial property, according to one expert.
Speaking at a GVA Grimley/Confederation of British Industr...
Date: 5/31/2009
House prices rose 1.2% in May on April, offering evidence of activity in the UK housing market, according to figures from the Nationwide building society.
The annual rate of house price falls eased...
Date: 5/26/2009
The UK commercial property market is getting closer to the bottom in terms of prices, according to one expert.
Christopher Bell, managing director of the European region at Knight Frank, said that ...
Date: 5/15/2009
The number of loans handed out for house purchases in the UK rose sharply in March, lenders say.
Some 31,000 home loans were granted by lenders, up 29% on February but still 33% down compared with ...
Date: 5/13/2009
The chief economist of the Royal Institution of Chartered Surveyors (Rics) has not ruled out house price rises in the near future.
Many observers suggest that there is still some time for the price...
Date: 5/11/2009
Small to medium-sized enterprises (SMEs) face an uncertain time in the current economic climate, according to market research agency Continental Research.
Perhaps indicating the importance for firm...
Date: 5/7/2009
In addition to a recent rebranding exercise, Yorkshire Tourist Board has changed offices.
Having no doubt considered the implications regarding commercial mortgages, the newly-named Welcome to York...
Date: 4/29/2009
As much as I hate gazumping and I would never play that game it is good to see it is back.
This is where someone accepts a higher bid just before completion in an attempt to extract more money...
Date: 4/28/2009
Britain's banks may be forced to stockpile extra capital so they can weather future economic downturns.
Financial Services Authority chairman Lord Turner said in a speech in New York that he belie...
Date: 4/27/2009
The UK manufacturing sector and exports in particular could help to drive the recovery in the UK economy, according to consultancy group Deloitte.
Manufacturing could take up the slack from a down...
Date: 4/21/2009
Small companies have been encouraged to take advantage of government and bank support that has been unveiled to help them survive the economic slowdown.
Employment minister Tony McNulty gave the ad...
Date: 4/17/2009
The government must lower business rates in order to help companies survive, it has been claimed, something that may affect those with commercial mortgages.
Richard Dodds, head of media and campaig...
Date: 4/15/2009
Interest from home-buyers is starting to gain "real momentum", although sales remain low, UK surveyors say.
New enquiries in the housing market increased for the fifth consecutive month, the Royal...
Date: 4/10/2009
The Bank of England has kept interest rates on hold at 0.5%, in a widely expected move following a number of rate cuts in recent months. This will certainly interest those with commercial mortgages.
...
Date: 4/9/2009
The importance of financial advice being available to small and medium-sized enterprises has been outlined by an industry spokesperson.
John Wright, national chairman of the Federation of Small Bus...
Date: 4/7/2009
The flow of credit to small businesses was boosted during February, a new report has revealed.
Figures unveiled by the British Bankers' Association (BBA) have shown that in the month, lending to sm...
Date: 4/6/2009
Commercial landlords need to "balance" the needs of tenants with their own issues, it has been claimed.
It comes following a call from the British Retail Consortium (BRC) for business premises owne...
Date: 4/2/2009
House prices rose in March for the first time since October 2007, according to the Nationwide.
The building society said that property prices increased by 0.9% compared with the previous month.
...
Date: 3/31/2009
A Scottish-led consortium was interested in a merger with the troubled Dunfermline Building Society, BBC Scotland has learned.
The Dunfermline was taken over by the Nationwide on Monday after the ...
Date: 3/26/2009
Small firm owners must ensure they have a "solid" business proposal in place before approaching banks for finance, such as commercial mortgages, it has been suggested.
George Derbyshire, the chief ...
Date: 3/24/2009
One of the measures of UK inflation is expected to fall below zero - a sign of falling prices - when figures are released later.
Economists expect the Retail Prices Index (RPI), which includes hou...
Date: 3/23/2009
The majority of small business owners feel that inflation will decrease or flatten out over the coming year, a new survey has revealed.
Research carried out by the Bank of Scotland has found that 6...
Date: 3/19/2009
The US Federal Reserve says it will buy almost $1.2 trillion (£843bn) worth of debt to help boost lending and promote economic recovery.
It said it would start buying long-term government debt and...
Date: 3/17/2009
Barclays has revealed that it has been in talks with the Treasury about participating in the government's asset protection scheme in order to raise more capital.
Such a move could see the bank obli...
Date: 3/16/2009
The head of the US central bank, Ben Bernanke, has said he expects America's recession to end this year.
"This decline will begin to moderate and we'll begin to see a levelling off," the Federal R...
Date: 3/13/2009
Banks should give local branches more power to make decisions on whether to lend to small enterprises, it has been suggested.
The recommendation was included in a code of practice put forward by th...
Date: 3/10/2009
The start of the year saw a rise in the amount of credit being supplied to small businesses, new figures have revealed.
A British Bankers' Association (BBA) report has shown that in January, the le...
Date: 3/6/2009
The Bank of England is to create £75bn of new money in an attempt to revive lending and the battered economy, and may assist those with commercial mortgages.
Bank Governor Mervyn King said the pol...
Date: 3/4/2009
The majority of economists in a new poll have predicted that another base rate cut will unveiled next week by the Bank of England, something that could help lower the cost of commercial mortgages.
...
Date: 3/3/2009
Alliance & Leicester Commercial Bank has revealed that it intends to boost its lending to small businesses in 2009.
Managing director Steve Pateman said that the move comes following a "record year...
Date: 2/26/2009
An industry insider has claimed that UK banks are "willing and able" to supply finance to smaller firms, such as loans or commercial mortgages.
Lenders are "working closely" with customers to assis...
Date: 2/20/2009
It is important that businesses have access to various forms of finance in order to survive the economic downturn, it has been claimed.
Stephen Sklaroff, director general of the Finance & Leasing A...
Date: 2/12/2009
The Financial Services Authority (FSA), the City watchdog, has said it raised concerns about the way HBOS was being run as far back as 2002.
It said it looked at the risks both before and after se...
Date: 2/11/2009
HSBC has revealed that the "vast majority" of its small and medium-sized enterprise (SME) customers will benefit from this week's Bank of England base rate cut.
It could offer a boost to firms with...
Date: 2/8/2009
Celebrity chef Antony Worrall Thompson has had to shut four restaurants, leaving 60 of his staff redundant.
He visited the businesses on Friday to tell employees their jobs no longer existed due t...
Date: 2/4/2009
The base rate is going to approach a "floor" of around one per cent or lower, it has been predicted.
Jeavon Lolay, a senior economist for Lloyds TSB corporate markets, said that the UK's rate may f...
Date: 2/1/2009
Companies should seek help and try to manage costs as effectively as possible if they want to beat the economic downturn, it has been claimed.
Chris Simpson, an account manager from Business Link, ...
Date: 1/30/2009
Interest rates are on their way to reaching as low as zero per cent, it has been claimed.
Such a reduction could lower the cost of commercial mortgages and aid borrowers in making repayments.
Ch...
Date: 1/28/2009
Companies should seek help and try to manage costs as effectively as possible if they want to beat the economic downturn, it has been claimed.
Chris Simpson, an account manager from Business Link, ...
Date: 1/26/2009
Many borrowers have been making overpayments on their mortgages since the Bank of England started making base rate cuts, it has been revealed.
Cheltenham & Gloucester and Lloyds TSB have noted that...
Date: 1/23/2009
The government's recently announced package of support for lenders has been hailed by the financial sector.
Plans to boost the credit guarantee scheme and offer protection for assets were welcomed ...
Date: 1/19/2009
The government has announced a second package of measures to support the banking system, which should be good news for those with a commercial or business mortgage
The long list of measures include...
Date: 1/16/2009
Business secretary Peter Mandelson has announced a multi-million pound package of support aimed at freeing up finance for small and medium-sized companies.
It builds on measures that were previousl...
Date: 1/15/2009
The government should be prepared to bail out banks again if the need arises, it has been argued.
Michael Baxter, an economist at Defaqto, has highlighted the importance of supporting financial ins...
Date: 1/9/2009
Brown pledge to get banks lending
Gordon Brown and Alistair Darling pledged fresh measures to bolster the economy as the grim toll of job losses continued to mount.
Despite another interest rate cut...
Date: 1/7/2009
By Daniel Thomas, Property Correspondent
Published: January 6 2009 02:25 | Last updated: January 6 2009 02:25
London & Stamford, an Aim-listed property investment company, is close to sealing it...
Date: 1/7/2009
The Bank of England begins a historic meeting later at which interest rates are all but certain to be slashed to an all-time low to combat worsening recession.
The nine-strong Monetary Policy Commit...
Date: 1/6/2009
The level of lending to businesses has declined over the past three months, it has been revealed.
Financial institutions have reported that the reduction in corporate lending was larger than previo...
Date: 1/2/2009
In news that may be relevant to those with commercial mortgages, the potential winners of the eighth annual Business Moneyfacts awards have been announced.
They are designed to recognise finance or...
Date: 1/2/2009
Sir Tom Hunter, Scotland’s highest-profile entrepreneur, is battling to cope with a savage retail downturn and ill-timed exposure to the housing market.
The appointment of administrators this week ...
Date: 1/2/2009
By Vincent Boland in Milan
Published: December 30 2008 23:10 | Last updated: December 30 2008 23:10
UniCredit raised further cash on Tuesday to bolster its balance sheet with three disposals wor...
Date: 12/30/2008
In news that may affect firms with commercial mortgages, Liberal Democrat leader Nick Clegg has sent out representatives to see first-hand how businesses are dealing with the economic slowdown.
A p...
Date: 12/23/2008
The cost of a mortgage will get cheaper during 2009, it has been suggested.
According to the Council of Mortgage Lenders (CML), the housing market will "remain extremely subdued" next year, but the...
Date: 12/18/2008
A government announcement that will allow lenders to gain wider access to financial guarantees and market funding has been hailed.
The Council of Mortgage Lenders has welcomed the Treasury's recent...
Date: 12/17/2008
Businesses will be looking to consolidate debts in 2009 as a way to tackle the recession, it has been claimed.
In comments that may be relevant to those with commercial mortgages, managing director...
Date: 12/12/2008
In news that may be relevant to those with commercial mortgages, a financier has predicted that the recent interest rate cuts will help the economy.
Charles Davis, an economist at the Centre for Ec...
Date: 12/9/2008
The Bank of England has announced that interest rates are to be cut by one per cent after yesterday's meeting of its monetary policy committee (MPC).
It means the base rate now stands at two per ce...
Date: 12/3/2008
In commercial mortgages news, businesses across the country are "outraged" over the government's decisions on empty property rates, it has been argued.
Following the chancellor's unveiling of a rat...
Date: 11/27/2008
Measures aimed at helping small and medium-sized enterprises (SMEs) unveiled in the pre-Budget report have been hailed by a financial expert.
Noel Quinn, the head of UK commercial banking at HSBC,...
Date: 11/24/2008
Inflation has dropped to 4.5 per cent, the latest figures from the Office for National Statistics (ONS) have revealed.
This level represents consumer prices index inflation for the year leading up ...
Date: 11/21/2008
A financial expert has estimated that interest rates could fall to 2.5 per cent in the coming months, a move that may be welcomed by people with commercial mortgages.
Commenting on newly-released m...
Date: 11/18/2008
Falling commodity prices will help the economy to recover and could actually be good news for businesses, it has been claimed.
Michael Baxter, an economist for Defaqto, has predicted that many orga...
Date: 11/14/2008
The British Bankers' Association (BBA) has met with the government's Small Business Forum to outline the support lenders will give to firms to help them through the economic downturn.
Hosted by bus...
Date: 11/11/2008
The Bank of England's base rate cut will help the commercial mortgage sector to "return to normality", it has been suggested.
James Roberts, the head of central London commercial research for Knigh...
Date: 11/10/2008
Consumer confidence increased in October, buoyed by various plans of action taken by the government and the Bank of England, a new report has suggested.
The Nationwide Consumer Confidence Index for...
Date: 11/10/2008
Consumer confidence increased in October, buoyed by various plans of action taken by the government and the Bank of England, a new report has suggested.
The Nationwide Consumer Confidence Index for...
Date: 11/6/2008
The British Airports Authority (BAA) has announced it is to provide £230 million of funding for Crossrail in exchange for four trains a day running to Heathrow.
Under the agreement, services will r...
Date: 11/6/2008
The Bank of England could cut interest rates several times over the coming months, an economist has predicted.
Ross Walker from the Royal Bank of Scotland stated that he thinks it is "likely" that ...
Date: 11/3/2008
The latest figures from the Bank of England on mortgage approvals are a "step in the right direction", according to the Royal Institution of Chartered Surveyors (Rics).
Senior Rics economist Olive...
Date: 10/20/2008
Last week the Bank of England announced a surprise 0.5 percentage point cut in the base rate, combined with an enormous bailout package, including nationalisation of some of the UK biggest banks.
A...
Date: 10/17/2008
In news that may interest those with commercial mortgages, Nationwide Building Society has announced that it is to cut rates.
The firm's base mortgage rate (BMR) will be lowered by 0.3 per cent to ...
Date: 10/15/2008
Tenant demand contines to rise
Paragon Mortgages has reported that a record number of landlords are experiencing growing levels of tenant demand, with many predicting that demand will continue to ...
Date: 10/13/2008
The Bank of England's decision to slash mortgage rates will provide a "much needed boost" to the market, the director general of the Association of Mortgage Intermediaries has claimed.
Chris Cummin...
Date: 10/9/2008
The Bank of England today cut interest rates from 5% down to 4.5% in a move which should help businesses with commercial mortgages
Date: 10/6/2008
Although the European Central Bank (ECB) has voted to keep interest rates the same, there is a "widespread expectation" that a cut may be made in the coming months, it has been claimed.
Rates were ...
Date: 10/3/2008
Sir Alan Sugar gave a rousing speech to business leaders at a gathering in Yorkshire, it has been reported.
He told delegates at the Going Global conference that although the times of living in a ...
Date: 10/1/2008
Those with commercial mortgages may be interested in an upcoming exhibition.
Several prominent entrepreneurs will be attending the Business Yorkshire event, held at Doncaster Racecourse on October ...
Date: 9/29/2008
In news that may interest those with commercial mortgages, a firm has applied for planning permission to redevelop Selborne House on London's Victoria Street.
Land Securities has submitted plans to...
Date: 9/25/2008
The UK's short-term finance sector has been unaffected by the credit crunch, it has been claimed.
Research from commercial lender Mathon has found that firms offering short-term 'bridging loans' ar...
Date: 9/23/2008
The Council of Mortgage Lenders (CML) has speculated that the Bank of England may reduce interest rates in the coming months.
Commenting on a number of recent events within global financial markets...
Date: 9/19/2008
Great Portland signs £80m deal with Commerzbank
By Maggie Urry
Published: September 17 2008 12:45 | Last updated: September 17 2008 12:45
Great Portland Estates on Wednesday said it had sold an...
Date: 9/17/2008
There’s likely to come a time when you consider replacing the uncertainty of renting with the stability of owning your premises, this is the time we can help. We can also help if you’re an investor c...
Date: 9/16/2008
A commercial property development scheme being run in Devon has named its top 19 shortlisted projects.
The Mayoral Vision initiative in Torbay received 300 ideas, which have now been whittled down ...
Date: 9/12/2008
Nationwide has announced that a merger will take place with the Derbyshire and Cheshire building societies.
The two firms' combined membership of 925,000 will now be taken over by the bigger compan...
Date: 9/9/2008
It's difficult to predict how long the credit crunch will last. The current economic environment, where consumer's pockets are being squeezed by their inability to get credit and the rising cost of li...
Date: 9/8/2008
There has been an increasing trend in the last decade for care and nursing homes to be run independently by private individuals and small limited companies, whilst the majority remain under large corp...
Date: 9/6/2008
In news that could influence commercial mortgages, it has been announced that interest rates are to be maintained at five per cent.
The Bank of England's Monetary Policy Committee voted to keep the...
Date: 9/2/2008
Phase two of a commercial property scheme in Sheffield has been completed.
Carillion Developments' The Square contains six floors of grade A office accommodation over 42,000 sq ft, the Business Des...
Date: 8/28/2008
London mayor Boris Johnson has challenged investors and developers to come up with radical plans to ensure the strongest possible economic legacy for east London emerges from the 2012 Olympic Games.
...
Date: 8/19/2008
Although the Office for National Statistics (ONS) recorded a major jump in inflation this month, the rate should soon start falling again, an economist has predicted.
CPI jumped a record 0.6 per ce...
Date: 8/15/2008
In news that may interest those with commercial mortgages, it has been announced that Manchester's new Spinningfields business district has secured a new tenant.
Allied Irish Bank is to take up a 1...
Date: 8/14/2008
It is a cliché that property developers are eternally optimistic. Yet it is still surprising to hear that Ric Clark, chief executive of Brookfield Properties, has found a silver lining in the credit c...
Date: 8/11/2008
Those hoping to see the Bank of England''s base rate fall can expect an early Christmas present, an economist has predicted.
Royal London Asset Management economist Ian Kernohan said yesterday''s d...
Date: 8/4/2008
Rotherham council has given the thumbs up to a major project that will see £390 million of Property Development Finance spent on transforming a former colliery.
Known as YES!, the project will cove...
Date: 7/30/2008
Soaring food prices are driving up farmland prices at their fastest rate since records began more than a decade ago – in spite of falling demand from City workers whose dreams of rural living have bee...
Date: 7/28/2008
Holders of Buy to Let Mortgages are likely to be benefiting from a 38 per cent year-on-year increase in the demand of rented properties.
Figures from YourMove have revealed that the popularity of r...
Date: 7/25/2008
The office space market in Birmingham could hit a golden patch in 2010, according to a new report released by Atisreal, something that may interest those searching for Commercial Mortgages.
And sec...
Date: 7/22/2008
New offices could be created in Mansfield if proposals are given the go ahead there by the district council, something that may interest those looking for Commercial Mortgages.
Mr S Nettleship has ...
Date: 7/16/2008
The Bank of England''s monetary policy committee (MPC) has been urged not to raise interest rates in response to the latest inflation figures.
Office for National Statistics data published today re...
Date: 7/9/2008
Persimmon, one of Britain’s largest housebuilders, surprised the market by avoiding a large writedown on its £2.5bn land bank in spite of the steep decline in the housing market.
Mike Farley, chief...
Date: 7/7/2008
In news that may interest those with but to let mortgages, every economist polled by Adfero has said that interest rates will be held by the Bank of England next week.
Senior UK economist at Barcla...
Date: 7/4/2008
Taylor Wimpey, the housebuilder, intends to seek a waiver for a possible breach of covenants from holders of some £380m ($754m) of outstanding private placement notes.
These notes are subject to th...
Date: 7/1/2008
In news which may interest those with Commercial Mortgages, new research has suggested that the commercial office market in Leeds is in a healthy state.
Property consultancy Colliers CRE has reveal...
Date: 6/27/2008
Planning reforms have been pushed through by the government, news that may concern those with Commercial Mortgages.
A vote on the planning bill took place yesterday, with 303 MPs voting in favour a...
Date: 6/26/2008
Businessman Donald Trump has predicted that the credit crunch has a year top run, as he continued his efforts to get permission for a new property development.
In an interview with the Times, he fo...
Date: 6/24/2008
A Derbyshire developer has revealed plans to create a 400,000 sq ft office complex in the heart of the city of Derby.
Norseman Investments has unveiled the blueprint for the development adjacent to...
Date: 6/21/2008
Those with Buy to Let Mortgages who are looking for the right kind of property in which to invest may consider prioritising new build homes following a new survey.
New homes website SmartNewHomes.c...
Date: 6/19/2008
The increase in consumer prices index inflation to 3.3 per cent yesterday might have raised expectations of a rise in interest rates, but governor of the Bank of England Mervyn King may have hinted th...
Date: 6/18/2008
A new report has suggested that inflation will spend four months this year above the ceiling of its target range, but has not forecast that interest rates will rise.
The Confederation of British In...
Date: 6/16/2008
In news which may interest those seeking Buy to Let Mortgages, an industry expert has said the key is getting in the right tenants and avoiding void periods.
Russell Hunt of tenant property search ...
Date: 6/13/2008
The UK mortgage market - which includes Buy to Let Mortgages – may be set to improve thanks to new measures introduced this week by the British Bankers'' Association to improve the interbank (Libor) l...
Date: 6/12/2008
An Abu Dhabi sovereign wealth fund is in talks to buy the Chrysler Building in a deal that would be worth about $800m, adding to a recent burst of interest in prime New York real estate from foreign g...
Date: 6/10/2008
The UK’s five biggest banks have been lined up to help guarantee Bradford & Bingley’s controversial £258m rights issue in an apparent concerted effort to shore up confidence in the banking sector.
...
Date: 6/4/2008
Carlyle Group has raised Europe’s largest private equity real estate fund, which plans to deploy up to €9bn (£7.1bn) partly to exploit cheap prices in struggling property markets such as the UK.
Ca...
Date: 6/2/2008
Britain’s banks and building societies could absorb a 20 per cent fall in UK house prices in a year without further denting their capital reserves, according to research by Moody’s, the credit ratings...
Date: 5/22/2008
The residential lettings market is gathering pace as tighter credit conditions and the uncertain price outlook make it more difficult to buy or sell property, according to an industry survey published...
Date: 5/20/2008
Rents continued to rise in April as tenant demand for private rented properties grew, according to Paragon’s monthly buy-to-let index. Rents have risen nearly 14% over the last year to stand at £12,04...
Date: 5/15/2008
Plans for what is billed to be the UK’s most expensive residential development at the former Chelsea Barracks site in London have been lodged with Westminster city council.
The joint venture that o...
Date: 5/13/2008
A fund is to be launched that will look to exploit the downturn in the housing market by buying cheap homes and residential developments in London.
Nice Capital, a boutique property manager, is to ...
Date: 5/9/2008
The National Landlords Association (NLA) has urged private-residential landlords to use the Landlord’s Energy Saving Allowance (LESA). The LESA is a tax break allowing landlords to claim on their tax ...
Date: 5/7/2008
Expensive housing has revived the UK rental sector, attracting property companies eager to help solve the country’s housing shortage.
It has already benefited the army of private buy-to-let investo...
Date: 5/6/2008
The prospects of mergers in the troubled construction sector appeared to rise over the weekend, after news emerged that Bellway, one of Britain’s biggest housebuilders, had made an approach to smaller...
Date: 4/29/2008
Tailor your commercial mortgage loan to your needs.
Select a mortgage repayment period between 2 and 30 years.
Borrow up to 80% of the purchase price or professional valuation, whichever is the lowe...
Date: 4/28/2008
Falling house prices and increasing mortgage costs have sent the property market into deep freeze, sparking concerns of a crash.
Property specialist Rightmove says a record number of homes put on t...
Date: 4/25/2008
GE Real Estate has bought a €1.3bn (£1.04bn) portfolio of discounted commercial property loans in the UK and Germany from Capmark Europe as it takes advantage of continuing difficulties in the debt ma...
Date: 4/22/2008
Asset funder State Securities is one of a small number of lender which has been able to offer the Department for Business, Enterprise and Regulatory Reform (BERR) Small Firms Loan Guarantee (SFLG) to ...
Date: 4/22/2008
The South West has been the most searched for region for property for the second month in a row, according to statistics from propertyfinder.com.
Nicholas Leeming, director of propertyfinder.com, ...
Date: 4/21/2008
Rents are tumbling on some city centre flats as buy-to-let investors pay the price for oversupply.
The fate of some metropolitan investors stands in stark contrast to the fortunes of others, who ha...
Date: 4/17/2008
Cordea Savills, the fund manager, is to launch a fund to invest in the fast-growing Turkish property market.
Turkish Property Ventures Fund will invest in development, primarily shopping centres an...
Date: 4/16/2008
By Daniel Thomas, Property Correspondent
Published: April 16 2008 03:51 | Last updated: April 16 2008 03:51
Land Securities, the UK’s largest property company, is to test the fragile property i...
Date: 4/14/2008
Britain’s politicians entered full crisis mode this week when it became clear the housing market was teetering on the brink of a protracted decline in prices. On Tuesday, the publication of a highly u...
Date: 4/10/2008
Property group Minerva is to announce a £150m ($297m) construction contract with Skanska that will give the green light to the development of one of the largest City of London office schemes.
EDITO...
Date: 4/9/2008
mydeposits.co.uk, the Government-authorised insurance-based tenancy deposit protection scheme protecting over £177 million of deposits, has marked the first anniversary of the legislation by revealing...
Date: 4/3/2008
Abu Dhabi’s largest property developer plans to launch four real estate investment funds that will provide exposure to the oil-rich emirate’s booming property market.
Ronald Barrott, chief executiv...
Date: 4/1/2008
Almost 12 months on from its introduction, 40% of UK landlords are still unaware of the Tenancy Deposit Scheme (TDS) leaving them at risk of committing a civil offence and being forced to pay tenants ...
Date: 3/26/2008
Hedge funds and institutional investors are starting to launch distressed mortgage funds to take advantage of an “unbelievable” buying opportunity, but they say they are running into resistance from r...
Date: 3/21/2008
A loophole allowing commercial property investors to avoid paying stamp duty on an estimated £1bn of deals was closed in the Budget on Wednesday.
Rules on office sales using Islamic financing, stru...
Date: 3/20/2008
Published: March 19 2008 03:00 | Last updated: March 19 2008 03:00
Derwent London, the property group, has bucked the wider downward trend in the sector with an 8.4 per cent rise in net asset v...
Date: 3/18/2008
Factoring and invoice discounting received a major boost when the Chancellor, Alistair Darling announced he will abolish the ban on assignment of debt within government contracts.
The government ha...
Date: 3/14/2008
Extending the government-backed small firms loan guarantee scheme to small businesses with ‘growth ambitions’ has received the thumbs up from business finance lenders.
Chancellor Alistair Darling a...
Date: 3/13/2008
Businesses will pay an extra £600m a year in tax after Wednesday’s Budget closed tax loopholes.
Bill Dodwell, of Deloitte, said the new measures, combined with changes in last year’s Budget, meant ...
Date: 3/12/2008
The UK economy’s growth domestic product grew by 0.5% over the three months ending in February.
The figure was a modest increase on growth rates of 0.4% for the three months to February.
Althoug...
Date: 3/11/2008
More than half of UK exporters want the UK to join the Euro, according to a survey by Leeds University’s business school and sponsored by credit insurer, Coface.
Nearly two thirds of UK exporters (...
Date: 3/10/2008
The Scottish housing market has been tipped to outperform the rest of the UK market in 2008, according to a senior economist speaking at the Mortgage Business Expo in Glasgow.
David Stubbs, senior ...
Date: 3/7/2008
Inflationary pressures left the Bank of England monetary with no alternative but to keep the base rate at 5.25%, claimed the Confederation of British Industry.
It said that rising food and energy c...
Date: 3/6/2008
The UK will be the only market to see negative returns this year according to business credit reference agency, Experian.
Although the information agency said that other European countries would al...
Date: 3/5/2008
Landsbanki Commercial Finance has provided Britain’s largest independent manufacturer of specialist paper products, LPC Group, with a £65.5 million credit.
LPC is privately owned by the Tejani fami...
Date: 3/4/2008
The success rate for properties sold at auction fell to the lowest level for three years, according to the Royal Institution of Chartered Surveyors.
According to RICS, the success rate has declined...
Date: 3/3/2008
Only one in ten small businesses understand what the proposed changes in the pre-budget announcement will mean for their business, according to research by Alliance & Leicester.
Seven out of ten ar...
Date: 2/27/2008
Buy-to-let lending totaled £24.1 billion in the second half of 2007, up from £21.2 billion in the first half of the year, according to the Council of Mortgage Lenders’ new data.
The figures also sh...
Date: 2/26/2008
Manufacturers are enjoying the longest run of sustained demand for 12 years, according to a Confederation of British Industry survey.
However firms expect to continue the recent trend of marked pr...
Date: 2/25/2008
Overcrowding in rental properties has been condemned by the National Landlords Association (NLA).
It said there were still a minority of landlords filling their properties, often with migrant worke...
Date: 2/23/2008
Base Commercial Mortgages is launching a fast-track commercial mortgage specifically designed to cater for small loans up to £150,000.
The new product guarantees brokers will earn a minimum commiss...
Date: 2/20/2008
Business travellers tempted to grab a quick coffee with a contact between flights should beware the tax inspector if they are among the thousands who enjoy the benefits of not being classed as a UK re...
Date: 2/18/2008
A voluntary code of practice protecting consumers from rogue sale and rent back providers is being drafted by theNational Association of Sale and Rent Back, NASARB.
The code of practice will offer ...
Date: 2/8/2008
The Bank of England’s base rate cut of 25 basis points to 5.25% came as little surprise to lenders who generally welcomed the decision.
Ian McCafferty, Confederation of British Industry chief econo...
Date: 2/6/2008
Growth of activity in the UK service sector settled around a solid level in January as market demand showed some stability following the sharp slowdown seen in the autumn.
Confidence in the sector ...
Date: 2/4/2008
The Tories have poached the former heads of the government’s red tape advisory watchdog and the Financial Services Authority to lead a new review of regulation, being launched on Monday.
The new bo...
Date: 2/2/2008
The sale of a £500m stake in one of the UK’s largest office parks has become the latest commercial property deal to fall victim to the troubled debt markets.
Prupim, the fund management arm of Prud...
Date: 1/31/2008
Alliance & Leicester’s has updated its pre-close trading statement revealing £185 million charges for reduction in fair value and impairment of treasury investments for 2007 compared with £55 million ...
Date: 1/31/2008
A huge rise in immigration fees risks deterring employers from hiring skilled workers capable of contributing positively to the economy, the CBI employers’ body warned on Wednesday night.
Plans pub...
Date: 1/29/2008
Growing demand for rented accommodation has spurred strong growth in rents paid by tenants, contributing to a healthy increase in rental yields and total returns, according to Paragon’s January buy-to...
Date: 1/28/2008
Investors with the correct strategies can build profits from property this year, claim experts exhibiting at The Homebuyer and Property Investor Show.
They will be revealing their top tips for prop...
Date: 1/25/2008
A lower capital gains tax of 10% for gains of up to £1 million on a business sold is being offered by the government following intense lobbying from the small business community.
Chancellor Alistair ...
Date: 1/24/2008
The British Chamber of Commerce is calling on the Bank of England to consider an emergency rate cut following the Federal Reserve’s decision to cut US interest rates by 75 basis points to 3.5%.
David...
Date: 1/22/2008
GE Commercial Finance’s Business Finance has provided a £15.75 million finance facility to Total Polyfilm Ltd to help advance expansion plans.
Total Polyfilm is the third largest producer of polyt...
Date: 1/21/2008
Gordon Brown, the UK prime minister, is to deflect criticism that his government is subsidising a knock-down sale of mortgage-lender Northern Rock by proposing that the taxpayer gets a slice of any wi...
Date: 1/18/2008
A consortium led by Virgin Group has sought to beef up its bid for Northern Rock as the government prepares to make a decision on the future of the stricken bank.
Virgin Group has lined up Peter Mc...
Date: 1/17/2008
The UK’s labour market has withstood the early effects of the credit squeeze, judging by data showing a jump in employment, stable earnings growth and a continued drop in benefits claimants.
The Of...
Date: 1/16/2008
Commercial property occupiers expect to expand their portfolios on the back of continuing growth in output and employment over the next six months, reveals the CBI/GVA Grimley corporate real estate su...
Date: 1/15/2008
Nearly nine out of 10 landlords regard managing their rental properties as a profitable hobby, with only one in 25 seeing it as their full-time profession, according to Alliance & Leicester Mortgages’...
Date: 1/11/2008
Greater calm in the money markets along with concern about inflation contributed towards the Bank of England’s decision to hold rates, claims the Confederation of British Industry.
Ian McCafferty, ...
Date: 1/10/2008
Yorkshire manufacturers affected by this summer’s floods have shown the resilience of the sector by bouncing back rapidly, even using the damage as an opportunity to advance their business, according ...
Date: 1/9/2008
The £840m ($1.65bn) flotation of Moneysupermarket.com proved the highlight of a quiet 2007 for new stock market listings from north-western companies – and this year could be just as subdued if option...
Date: 12/31/2007
The time it takes for landlords to find tenants for their property has fallen, according to the latest research from specialist buy-to-let lender the Mortgage Trust which is part of the Paragon Group....
Date: 12/27/2007
UK retailers’ fears of bleak trading look to have eased after a last-minute surge of shopping but concern over profits remains after widespread discounting of stock in the run-up to Christmas.
Figu...
Date: 12/21/2007
Nationwide Commercial has confirmed that it is only lending to existing customers and has stopped accepting broker introduced business.
The lender, which last financial year wrote £7.6 billion of c...
Date: 12/18/2007
The popularity of equity release products, often seen as loans of last resort, has jumped as more conventional loans and mortgages dry up owing to the credit squeeze on UK lenders.
Inquiries for eq...
Date: 12/17/2007
State Securities is to provide £450,000 finance to Naik Halal Poultry Ltd.
The Newport-based company slaughters poultry from around the country in accordance with Halal requirements.
The new com...
Date: 12/14/2007
Landlords optimistic about B2L in 2008
More than 86% of landlords plan to either increase their portfolio or leave it untouched in 2008, according to research by the UK’s largest buy-to lender, ...
Date: 12/9/2007
Cattles Invoice Finance has launched a commercial bridging product aimed at commercial owner-occupiers.
It is offering short-term finance from £75,000 up to £500,000 with loan-to-values of up to ...
Date: 12/7/2007
Bank of England rate cut to 5.5% gains universal thumbs up
The business community welcomed the Bank of England’s decision to cut base rates by 0.25% as a much needed step to helping the UK’s slowing...
Date: 12/5/2007
Rents hit record level with yields steady at 6%, claims Paragon
Strong tenant demand for accommodation has pushed the average rental income generated by landlords to a record high, according to...
Date: 12/3/2007
Northern Rock on Wednesday urged Olivant, the private equity group interested in making a bid for the embattled bank, to come up with a fully-financed business plan.
The stricken Newcastle bank h...
Date: 11/30/2007
Red tape is putting a real strain on the UK’s small business community, according to new research from cash-flow provider, Bibby Financial Services.
It said despite the government’s efforts to redu...
Date: 11/28/2007
Many landlords are ahead of the game and already offer key energy savings measures in the properties they let to tenants, claims the National Landlords Association.
The findings of the latest Engli...
Date: 11/26/2007
Anyone selling a residential property after December 14 will need to purchase a home information pack, the government said on Thursday.
Yvette Cooper, housing minister, told parliament that early m...
Date: 11/23/2007
Nationwide’s pre-tax profits rise by 1% despite lending 38% less
The UK’s largest building society, Nationwide reported a 1% to £338.3 million in pre-tax profit for the first half of the year to 30t...
Date: 11/22/2007
BCC campaigns for base rate cut
The Bank of England should respond to the worsening turmoil in financial markets and cut its base rate next month, urges the British Chambers of Commerce.~
The...
Date: 11/21/2007
Buy-to-let specialist, Paragon’s share price slumped by 39.5% to 124.5 pence after the plc admitted it may have to launch a £280 million rights issue. ~
The lender has secured refinancing through a ...
Date: 11/20/2007
The parent company of bridger and commercial mortgage lender, Blemain Group has secured £900 million fresh funding despite the current credit squeeze.~
Jerrold Holdings is raising the money from a ...
Date: 11/18/2007
Property development finance faces tough times, warned industry expert Mark Sismey-Durrant, chief executive of Heritable Bank.~
He told delegates at the Mortgage Business Expo that up until now pro...
Date: 11/18/2007
VAT-registered enterprises increased by 2% during 2006, to reach 1.96 million at the start of 2007, according to government statistics.~
There have been increases in the stock of VAT-registered ent...
Date: 11/14/2007
The Bank of England base rate is expected to fall from 5.75% to just 5.25% by July next year, predicts Royal Bank of Scotland’s economist, Robbie Denoon.
He said that the UK economy was in good sha...
Date: 11/7/2007
SME finance lender, Davenham Group, has rejected claims by a company attempting to take it over that its property portfolio presents an “unacceptably” high level of risk.
The lender put out a state...
Date: 11/6/2007
The UK’s largest independent merchant banking group, Close Asset Finance has launched a new leasing venture specialising in transactions typically between £500,000 and £5 million.
A management team...
Date: 11/1/2007
SMEs have pledged to continue their campaign against proposed changes to capital gains tax, despite rumours the Chancellor is to relax tax on business owners who sell up on retirement.
It is believ...
Date: 10/30/2007
Credit harder to come by for high risk borrowers, says BoE
A period of tighter credit conditions, especially for higher-risk borrowers, should be expected, claims the Bank of England in i...
Date: 10/18/2007
The Government's target measure for inflation, the consumer price index, remained at 1.8% for September, unchanged from August.
Large downward contributions to the change in the CPI annual rate cam...
Date: 10/16/2007
Changes in how local housing allowance (LHA) is paid will deter landlords from renting out their properties to tenants on benefits, warns the National Landlords Association (NLA).
In most cases the...
Date: 10/15/2007
Calls for a cut in interest rates by the business community intensified as the latest data points to a weakening UK economy.
The British Chambers of Commerce third quarter economic survey of more tha...
Date: 10/12/2007
Landsbanki Commercial Finance has given the world’s largest provider of noise and acoustic control products a $20 million asset based funding facility for group companies based in the UK and the US.
...
Date: 10/10/2007
Tough times lie ahead for agriculture, banking and business services despite falling te numbers in UK business failures, claims information provider Experian.
It reports a 0.4% reduction in the num...
Date: 10/9/2007
A guide to help businesses tackle corporate identity fraud is being launched during national identity fraud prevention week, 8th-14th October 2007.
The Equifax Pocket Guide to Combating ID Theft & ...
Date: 10/8/2007
Business owners and investors were unsurprised about the Bank of England’s decision to maintain base rate at 5.75%.
The Forum of Private Business said that while its members would like a cut they w...
Date: 10/4/2007
The service sector sees slight moderations in growth of activity and new business in September, but underlying expansion remains strong.
September’s CIPS/NTC report on services confirmed that the U...
Date: 10/1/2007
Broker survey reveals growing demand for commercial mortgages
About two thirds of brokers believe demand for commercial mortgages has risen over the past six months, according to Commerci...
Date: 9/27/2007
Landlords have sheltered themselves from rising interest rates and higher borrowing costs by reducing the gearing on their portfolios, research from specialist buy-to-let lender Paragon has revealed. ...
Date: 9/26/2007
The credit crunch will boost demand for buy-to-let as people who in the past would have been able to get a mortgage will be turned down, claimed an expert at Niche Mortgages’ inaugural non-conforming ...
Date: 9/21/2007
Brits looking to invest overseas could stand to lose over £3,735 by failing to cash in on exchange rates when buying property, claim experts at the Property Investor Show.
They say many are failing...
Date: 9/19/2007
Credit market turbulence is likely to have a limited impact on the UK economy but growth will nevertheless be slower next year, according to the Confederation of British Industry’s latest economic for...
Date: 9/14/2007
Buy-to-let specialist, Kensington Mortgages has said its appetite to enter the commercial mortgage market is still there despite the current credit crunch.
The lender, which in May was bought for £...
Date: 9/13/2007
Tenant demand for rented housing is growing strongly off the back of a slowing housing market and higher borrowing costs, according to buy-to-let lender, Paragon.
The lender said this demand was re...
Date: 9/11/2007
Up to 250,000 UK temp placements could go if the government caves in to EU and union pressure to resurrect the draft agency workers directive, warns the Confederation of British Industry.
The CBI a...
Date: 9/10/2007
Rising interest rates are proving good news for the new generation of buy-to-let homeowners as they scoop up bargains, claims the brokerage My Mortgage Direct.
The company argues buyers are snappin...
Date: 9/7/2007
The Bank of England’s monetary policy committee decision to keep the base rate at 5.75% was greeted with a sigh or relief by the business community.
The Confederation of British Industry said it was ...
Date: 9/6/2007
Commercial First and 5D Finance have increased their margins across all mortgages of more than 60% loan-to-value.
The news co-incides with three-month Libor at a 19-year record high at 6.8% - 1.05 ...
Date: 9/4/2007
Manufacturing rose at its fastest pace since October 1994, underpinned by a robust domestic market and accelerated growth of new export orders, according to the Chartered Institute of Purchasing and S...
Date: 9/3/2007
Manufacturing has seen a 10.9% drop in companies going bust in the second quarter of this year according to credit reference agency, Equifax’s latest business failures report.
However, business fai...
Date: 8/30/2007
Brokers have been enjoying increased business from the buy-to-let sector as returns continue to attract investors, according to Paragon’s July Buy-to-Let index.
Over the past year rents are up 5.0%...
Date: 8/28/2007
Property services provider, London & European has seen a 40% increase in sales of its lender title insurance policies, bought by lenders to protect their increasingly volatile portfolios.
The compa...
Date: 8/28/2007
The Competition Commission has lifted price controls imposed on the UK’s four largest banks servicing small and medium-sized enterprises (SMEs).
The price controls were put in place following an in...
Date: 8/9/2007
The next buy-to-let growth boom is likely to be residential property above commercial premises, claims brokerage Mortgages for Business.
Flats and other residential property above commercial premis...
Date: 8/7/2007
International property services company, Savills has acquired Granite Partners LLC for an initial sum of $54 million.
Granite is a New York-based real estate investment banking firm owned primarily...
Date: 7/26/2007
Buy-to-let lender for professional landlords, Paragon Mortgages, has said borrowers are continuing to invest in the market despite rising interest rates.
It claims the .25% interest rate hike this ...
Date: 7/24/2007
Bulgaria is surpassing investment expectations by delivering year-on-year 20% returns - one of the highest profit figures in Europe, according to Piraeus Bank S.A..
Bulgaria, which joined the EU in...
Date: 7/24/2007
Developers have hit out at proposed government interference over housing projects where “agreed goals” are not met.
The government is launching a housing green paper later today aimed at forcing pr...
Date: 7/19/2007
Commercial property sub-sectors such as the small office market are continuing to thrive, as confidence in Grade A commercial property (large office buildings) wanes, reports Assetz.
Standard Life...
Date: 7/16/2007
SMALL firms in the UK should view the summer months – June, July and August - as one of the most dangerous times of the year to experience cashflow problems, warns commercial finance company, IGF.
...
Date: 7/9/2007
The Bank of England’s expected rate rise of a quarter per cent to 5.75% was greeted as good news for the buy-to-let sector by UCB Home Loans.
Keith Astill, managing director of Nationwide’s special...
Date: 7/9/2007
Cut tax and red tape' is the message from smaller businesses to Gordon Brown's successor as Chancellor of the Exchequer.
Unfair competition, skills and training, and promoting investment were not s...
Date: 7/5/2007
Void periods on private rented properties have been falling steadily for the last nine months, according to the latest research by Paragon Mortgages.
The annual average time for which a private ren...
Date: 7/5/2007
Landsbanki Commercial Finance (LCF), the global asset-based lending and structured finance bank, has provided a £7.55m credit facility for Dolgarrog Aluminium Limited (DAL).
The money will enable t...
Date: 6/29/2007
Retail sales have grown more slowly than expected for a second month running and at a rate significantly below April’s three-year high, the Confederation of British Industry revealed this week.
Th...
Date: 6/25/2007
An interest rate hike is on the cards for next month claim experts after discovering that Bank of England governor, Mervyn King, had voted for a rise earlier this month.
Minutes of the monetary pol...
Date: 6/25/2007
Landlords and agents are embracing mandatory tenancy deposit protection, which became law on 6th April, claimed the main agency offering this service.
The Tenancy Deposit Solutions Limited (TDSL) s...
Date: 6/19/2007
Britain's entrepreneurs are confident about their business growth despite an increasingly pessimistic outlook for the UK economy, according to the Bank of Scotland’s new small business confidence inde...
Date: 6/19/2007
Commercial property prices for shops away from the UK’s big cities have fallen by 10% since last summer, claims Colliers CRE in its mid-summer retail report.
However, rental yields have increased f...
Date: 6/14/2007
The government has come under fire from the Royal Institution of Chartered Surveryors (RICS) for trying to rush through the empty properties bill without proper consultation.
The professional body ...
Date: 6/13/2007
The consumer price index (CPI) annual inflation fell from 2.8% in April to just 2.5% last month according to figures from the Office for National Statistics.
The main downward pressure on the ann...
Date: 6/7/2007
Commercial Mortgage lenders have responded with relief about the Bank of England’s monetary policy committee’s decision to keep the base rate at 5.5%.
However, with rising inflation commentators ar...
Date: 6/7/2007
Output and new orders continued to grow for the construction industry, although input price inflation accelerated sharply to a nine-month high.
The seasonally adjusted construction purchasing manag...
Date: 5/22/2007
The Scottish labour market is on the up as a result of a rapid rise in temporary employment, according to the latest survey from the Bank of Scotland.
The report has revealed that the labour market b...
Date: 5/18/2007
Equifax, the business information specialist, has revealed a small drop in businesses going bust in the first three months of this year.
The Equifax business failures report shows a 2.6% year-on-ye...
Date: 5/18/2007
Business Mortgage has discovered that more businesses across the UK are to benefit from easier ways to deal with VAT, following changes to one of the schemes aimed at helping SMEs to better manage the...
Date: 5/15/2007
Commercial Mortgage Broker Business Finance has discovered that vital projects to improve national infrastructure are being hampered by lengthy appeals and inquiries, employer’s body the Confederation...
Date: 5/15/2007
A clampdown on undisclosed tax liabilities in offshore accounts is being planned by HM Revenue and Customs in the wake of its current amnesty aimed at persuading businesses to disclose their assets.
...
Date: 5/15/2007
Business Mortgage Provider BusinessFinanceQuote has learned that prime buy-to-let mortgages now make up 21% of financial advisers’ business – nearly double the 11% of the mortgage market that Council ...
Date: 4/8/2007
Commercial mortgage brokerage, The Finance Connection has bought Stratford Corporate Finance in a bid to broaden its appeal to business clients.
Mark Flower, managing director of the Finance Connec...
Date: 4/3/2007
The UK is the second most profitable country for buy to let investors, the latest figures from the Assetz property investment tracker.
The tracker, which records the buying costs, rental yields and...
Date: 4/3/2007
UK manufacturing continued to strengthen in March, although it was down from February’s two and a half year high.
The purchasing manager’s index for March was 54.4 which the Chartered Institute of ...
Date: 4/3/2007
Construction of new properties slumped by more than 15% in February compared with the same month in the previous year, according to national statistics from the French government.
The figures follo...
Date: 3/10/2007
The Confederation of British Industry backed economic secretary Ed Balls for standing shoulder-to-shoulder with business leaders in rejecting trade union agitation on private equity and tax planning.
...
Date: 3/1/2007
The November base rate rise failed to dent UK business confidence, according to the business barometer from Lloyds TSB Corporate Markets.
The survey of firms, taken just after last month’s MPC de...
Date: 3/1/2007
Broker confidence in the mortgage industry is the highest it has been in over 10 years, according to the latest research from Mortgage Trust.
The survey, the last in a series of six monthly polls...
Date: 2/6/2007
Inflation expectations have shot to a two year high, raising a strong possibility of a February rate hike, according to the latest report from BDO Stoy Hayward, the UK’s largest accountancy network.
...
Date: 2/6/2007
Plans to launch a website that will ’name and shame’ incompetent or unethical solicitors has received a mixed response from the industry.
The proposals for a website, now under a 12-week consultati...
Date: 1/30/2007
Nearly 90% of landlords expect rent prices to either increase or stay the same with 86% planning to maintain or increase their property portfolio, claims the UK's largest buy-to-let lender
Over hal...
Date: 1/29/2007
Financial Markets Review www.lloydstsb.com/corporatemarkets
Financial market trends, ending Friday 26 Jan. '07
At 4.30pm 26 Jan. '07 Change from 19 Jan.'07
% change
FTSE 100 6233.4 -0.07%
Exchang...
Date: 1/23/2007
A further £11.8 million worth of housing in the Manchester area has been frozen by the Assets Recovery Agency (ARA) as part of an investigation into large scale mortgage fraud and money laundering.
...
Date: 1/23/2007
Commercial property is expected to be less affected from the recent interest rate hike, according to the head of government bonds at Threadneedle Investments, Quentin Fitzsimmons.
He said: “Unlike ...
Date: 1/16/2007
Ten unusual businesses that you could have bought
You can buy all sorts of businesses. The more 'normal' companies on offer usually include pubs, restaurants, shops and more. But if you wanted to i...
Date: 1/9/2007
Nearly four in ten of all landlords believing the value of their portfolio will increase over the next 12 months, according to a survey by Paragon Mortgages.
Half believed their portfolio value wou...
Date: 1/9/2007
European commercial properties are expected to become a key asset class outstripping the UK, predicts fund manager and commercial property analyst firm Seven Dials.
Seven Dials’ chief executive Bre...
Date: 12/5/2006
UK services companies expect business conditions to support further strong growth of business activity and new business through 2007, according to the latest survey from KPMG.
KPMG's European Ser...
Date: 11/9/2006
Over a quarter of Britain’s small businesses are at serious risks for not having a business insurance cover to protect them from the Christmas shutdown and crime, according to Lloyds TSB Insurance.
...
Date: 11/9/2006
Londoners made a net contribution of £13.1 billion to UK public finances in 2004-5, according to a new research report from the City of London Corporation.
The report, London’s Place in the UK E...
Date: 11/9/2006
The UK economy is growing just above trend, ending up 0.7% for the quarter leading up to October compared with the previous one, according to National Institute of Economic and Social Research data.
...
Date: 10/16/2006
UK firms’ confidence in the economy has rebounded strongly after the slump that followed the interest rate rise in August, according to the latest survey from Lloyds TSB Corporate Markets.
The bank...
Date: 10/16/2006
Businesses are finding their VAT registrations are being delayed by up to three months because officials at Revenue & Customs have stepped up vetting methods to prevent carousel fraud.
They are che...
Date: 10/16/2006
The Government has published its map of assisted areas where businesses can apply for regional aid for the next seven years .
A draft UK map published for consultation in July had to include a cut ...
Date: 9/22/2006
The buy-to-let boom in Wales is being fuelled a growth in the number of migrant workers the country is attracting, claim local estate agents.
They say the influx of Poles is providing a boost for a...
Date: 9/22/2006
Public sector deficit rose significantly to £5.6 billion for August this year compared with a £3.6 billion for the same month the previous year, according to Office of National Statistic figures.
P...
Date: 9/22/2006
The Government will risk driving small developers out of the market and fail to reach its yearly target of 200,000 new homes if it goes ahead with the proposed planning-gain supplement, according to n...
Date: 9/1/2006
Retail sales during August exceeded retailers’ expectations with the fastest year-on-year growth for 20 months, according to the CBI’s quarterly survey published yesterday.
For the first time in ov...
Date: 9/1/2006
The capital hotel market has last month seen the highest ever room rate, average occupancy and rooms yield, according to the latest figures from PKF hotel consultancy services.
Rooms yield for Lon...
Date: 9/1/2006
Millions matter not in a world where the wealthiest are measured in many billions.
In its inaugural ranking of the world’s richest people 20 years ago, US-based Forbes magazine uncovered some 140 bi...
Date: 7/11/2006
Parents investing in buy-to-let property to house their children at university must consider whether they buy in their own name or in the name of their offspring, according to Heritable Bank, the prop...
Date: 7/11/2006
UK companies are increasing output in the second quarter more than at any time in the last ten years, according to a leading industry barometer published today.
The second quarter 2006 engineering ou...
Date: 6/27/2006
New guidance launched today to remove service charges as an area of conflict between commercial property owners and occupiers, has received pan-industry backing.
Five leading commercial property bo...
Date: 6/21/2006
With up to 90% loan to value, this incredible 3 year BBR + 1.05% tracker is not one to miss! Reverting to BBR + 2.25%, the rental calculation is 125% at pay rate
The completion fee is just £599
...
Date: 4/26/2006
Much needed affordable homes will be jeopardised by a new government proposals to tax property development, the Royal Institution of Chartered Surveyors and the British Property Federation have warned...
Date: 4/26/2006
The average price at which landlords acquired investment buy-to-let properties eased slightly in March, according to lender, Paragon’s April buy-to-let index
The survey shows that March saw a 1.5% dr...
Date: 4/26/2006
Without further ado, here are the 10 best places to invest in the UK outside of London, according to Phil and Kirstie.
10. Manchester
Ten years ago, just 250 people lived in Manchester’s city centr...
Date: 3/21/2006
Employers’ trade body, the Confederation of British Industry's economic forecast out this week suggests only a modest economic growth
The CBI said it did not expect the economy to return to its trend...
Date: 3/16/2006
The housing market recovery gathered pace in February with growth concentrated in London, the latest market survey by the Royal Institution of Chartered Surveyors (RICS) has revealed.
The survey sh...
Date: 3/14/2006
Mortgage Trust’s latest intermediary forecast reveals strong confidence in the buy-to-let (BTL) sector, with 58% of BTL intermediaries expecting rental incomes to increase.
Recent data from the Co...
Date: 3/14/2006
The government's fixation with anti-avoidance legislation is counterproductive and damaging to the UK economy, PKF accountants and business advisers have warned
The firm has also called on the chance...
Date: 3/10/2006
Canny investors are discovering new opportunities to make money from the property market including land, leisure businesses and hotel rooms, The Homebuyer Show says.
It said commercial investment ...
Date: 3/7/2006
Germany is likely to become one of the hottest property markets in Europe after fifteen years of static prices, property investment group Assetz claims.
With unemployment falling and a preference f...
Date: 3/3/2006
Total net lending to individuals in January increased by £0.7 billion from December 2005, figures from the Bank of England (BoE) have revealed.
Lending in January increased to £10.5 billion, £1.4 b...
Date: 2/20/2006
We have a 2 year fixed product for purchases @ 5.39%, comes with a 100% rental calculation at Bank base rate plus 1%.
Please enquire for further details.
Date: 1/30/2006
Office property demand saw the biggest increase in nine months signalling a recovery in the sector revealed the latest Royal Institution of Chartered Surveyors, RICS, commercial property survey
Off...
Date: 1/25/2006
BusinessMortgageQuote.com is delighted to announce that its own Managing Director Mark Flower has been appointed Vice President of The National Association of Commercial Finance Brokers (NACFB)
The...