Commercial Mortgage Blog

The latest commercial mortgage market news, advice and views from our resident experts at Mortgages for Business

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• Funding investment properties in 2011 - 22.03.2011

  22/03/2011

  The number of calls for refinancing existing bank loans prompted by the bank and not the borrower seem to increase every day. Here is a flavour of the issues borrowers are encountering when “the bank manager” calls":

• Commercial Mortgage Market update - 10.1.2011

  09/01/2011

  A review of the Commercial Mortgage market as we go into 2011.

• CML lending figures offer no comfort to those worried about the availability of credit - 19.11.2010

  18/11/2010

  Gross mortgage lending in October was an estimated £12.4 billion, unchanged from September but down 9% from £13.6 billion in October 2009, according to new data from the Council of Mortgage Lenders. This is the lowest October total since 2000 (£9.9 billion).

• Movement from BTL lenders more muted this week 22.10.2010

  22/10/2010

  Home news this week has been dominated by the announcement of the Government's Comprehensive Spending Review and the resultant impact it will have on the economy. 

• CML gross lending figures truly dire 20.10.2010

  20/10/2010

  According to the CML, gross mortgage lending totalled an estimated £12 billion last month, the lowest September total since 2000.

• Remortgaging becomes urgent for borrowers 07.10.2010

  07/10/2010

  Sourcing commercial finance remains challenging with the majority of High Street banks still in retreat and acting extremely cautiously, especially around property finance. Lenders such as RBS, Clydesdale, and of course the Irish banks, have started to review and re-price commercial loans and in many cases ask borrowers to refinance elsewhere.

• BBR held at 0.5% - but what next ? 04.02.2010

  19/02/2010

  No surprise on the MPC announcement that once again BBR is being held at 0.5% and that current QE commitments will be concluded with no additional resource for the time being - but opinions are sharply divided on trends later in th year.......

• A light refurbishment product - one stop shop 01.02.2010

  03/02/2010

  A light refurbishment product where a facility of up to 70% of end value is granted at outset with a retention released on valuation re-inspection.

• Improving Criteria for 2010. 23.12.09

  23/12/2009

  2009 has been a tough year for Commercial borrowers. Options are looking better for 2010.

• Commercial enquiries increase by 44% in the last month - 29.09.2009

  29/09/2009

  In the last month we have seen a 44% increase in the number of Commercial enquries to our commercial mortgage packager arm. The largest increase has been in placing traditional mortgages for trading businesses and commercial investments...