Established lender launches new innovative process allowing BTL term finance to complete faster than many traditional bridging lenders can achieve…
The range of lenders now active within the bridging and short-term market has continued to grow considerably, increasing competition and driving down pricing. Proposed uses for bridging finance may also be more varied than you’d think, and remain a key option for purchasing, refinancing and equity release…
The outlook for Commercial remains sector specific; the ongoing demand for industrial and logistics in well located areas has seen yields push towards 4% as referenced in the RICS Report…
Development finance options continue to be available for experienced house builders and those undertaking their first conversion, refurbishment or development project.
We still don’t know whether the holiday will be extended, but what we do know is that the current deadline is looming on the horizon, now only six-weeks away…
Whilst I would love to be writing an article confirming that we have returned to pre-pandemic borrowing levels, and access to debt, cashflow support and equity options is at an all-time high, the vaccine bringing not only light at the end of the lockdown tunnel but also dissipating all concerns within property and business finance markets – that article might have to wait.
Yes, you read that correctly, we have just arranged finance for a pub purchase during a full pandemic lockdown, using only the pub itself and not other properties to support the transaction. Just goes to show there is an appetite out there from both buyers and lenders for even the supposed riskiest sectors!
We recently completed a mortgage for purchase of a fully commercial property where the application to the lender was submitted on 15th October and legal completion took place on 18th December just 64 days later at 70% of the market value of the property.
We are delighted to announce Omega Group has been confirmed AGAIN as a finalist in the Business Moneyfacts awards.
Whether working with term debt providers or through our specialist Bridging team, ensure the SDLT incentive deadline is met and your clients don’t incur unnecessary costs.
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