RICS Economy and Property Market Update – March 2021
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 and Refurbishment – 90% Loan to all Costs available – Terms available for Professional Developers & First-time Builders. 100% of costs available with funder profit share.
Commercial Mortgages – Up to 85% LTV (100% plus goodwill in some professional sectors). Rates start at 1.85% over base rate. Terms up to 30 years with Interest-Only options
Bridging and Short-term Finance – from 0.4% pcm – Available for Auction Purchases
Omega News
New Development Finance Products
Development finance options continue to be available for experienced house builders and those undertaking their first conversion, refurbishment or development project.
SDLT Holiday to be extended?
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…
What Can We Expect From 2021: The Omega Perspective
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.
Omega are confirmed as Business Moneyfacts Awards finalists for the 7th consecutive year.
We are delighted to announce Omega Group has been confirmed AGAIN as a finalist in the Business Moneyfacts awards.
Stamp Duty Deadline 31st March
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.
Development Exit Finance
Terms available to suit all scenarios and tailored to allow sale and refinance or a combination of the two. Exclusive Development Exit terms also available
by Omega Commercial
in Events, Finance News, Omega News
Omega CEO honoured with the Significant Contribution Award
We are delighted that our CEO Kevin Jones, an ex director and chairman of the NACFB himself, was honoured with the Significant Contribution Award after 28 years of sterling service to the commercial finance industry.
Commercial & Business Finance across the High-Street and beyond
Whilst it’s had its challenges and obstacles, the High Street has remained a stable and reliable source of finance to support businesses of all shapes and sizes, including sometimes offering the highest debt quantum. This notion however has certainly been challenged by the pandemic…
Delivering hands-on service and tailored terms to our clients
The specialist, commercial and secured loan sectors continue to change and adapt to the world around us, and it’s our job to ensure we remain aware of these continuing policy changes to deliver bespoke terms to our clients…
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