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How The National Loan Guarentee Scheme will Work, Not!
by Chris
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No Responses.
The National Loan Guarantee Scheme is the latest offering from the Government to ease the Credit Crunch by encouraging lending to small and medium sizes business (SME,s) with turnover of less than £50m....
Can I Get A Bridging Loan For A Commercial Property?
Yes, bridging loans are available for commercial properties, but the terms and conditions vary greatly. In fact some lenders that provide residential bridging loans do not provide loan for commercial properties....
Why Aren’t I Offered The Low Rates Advertised For Bridging Loans?
When looking for a bridging loan many customers see rates advertised that are a lot lower than the rate in the terms they are offered, why is this?...
When Will The Banks Lend to Developers Again?
As we all know the credit crunch stated in 2008 and is now entering a new phase. Prior to this High Street Banks would lend up to 100% for developers to purchase and build out their development projects....
What Will Happen to the Economy in 2012?
by Chris
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No Responses.
The two economies that will affect the global market this year and in the following years are America and China. How will these economies fair this year? America’s growth seems to be slowly improving and the jobless figures are moderately improving....
by Chris
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No Responses.
As we approach the coldest part of the year our thoughts turn to planning our next summer holidays. For the Shirley Valentines of us, what you should not do is book your next summer holiday in Greece with Thomas Cook and change your money into Euros....
Are you missing out on the new Buy to Let (BTL) bandwagon? With rents going up and the amount of tenants increasing every day are we entering a new BTL boom?...
The High Street Banks that were the main source of finance for small and medium sized developers have virtually stopped lending on speculative property development....
by Chris
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No Responses.
Since the credit crunch hit in 2008 with the collapse of the American Bank Lehman Brothers loans and credit for small businesses has been limited if not unobtainable. Borrowers were petrified to approach their banks afraid that the bank would think that they had financial difficulties and reduce any...
This is the latest unsurprising headlines in the Newspapers after the First Quarter since Project Merlin came into force. Although the Banks claim that they are receiving insufficient demand for their loans and it is not that they are unwilling to lend....