Tag Archives: commercial finance broker

Development Finance Terms and Criteria update Commercial Finance, Landlord News, Latest Articles, Property News

Property Development FinanceWe are working with a range of dedicated Development finance lenders for our readers to get the best criteria terms and conditions available in the current market.

The Lenders are all long established and recognise that a good development project carried out by an experienced developer deserves consideration based on individual merit, rather than a “computer says no” attitude.

Below is an update of some of the latest examples of Development finance Terms and Criteria that are currently on offer:-

–          Residential and Commercial Development

–          New build or conversion

–          65% day 1 value, 100% build costs

–          Rates from 0.75% per month

–          No exit fees

–          Non-status loans/poor credit history

–          Interest rolled up into the loan or serviced

–          Arrangement fees added to the loan

–          Transparency – No early repayment penalties or hidden charges

–           Interest calculated only on the amounts drawn

–          Available for deals in England, Scotland and Wales

We have witnessed some quite amazing proposals from clients who have identified significant opportunities to either rescue a previously failed development project or to create their own vision of a project.  We also know that no two propositions are the same, each having their own unique profiles.

To discuss any commercial deal with our preferred commercial finance broker please use the relevant links below, call us on 01603 489118 or email info@property118.com

For Development finance please click here.

For Commercial mortgages please click here.

For Bridging finance please click here.

If you would like to add your own requirements and search for the most popular available Buy to Let products please click here

Buy to let auction property finance calculator


Development Finance Story of a very happy Property Developer Commercial Finance, Landlord News, Latest Articles, Property News

Property Development FinanceA Property118 reader has shared this story with us – he’s a Property Developer and was struggling to find the right Development finance.

Our reader first contacted us in the Spring of 2012. He was very frustrated at that time as he had an incredible opportunity to acquire a former riverside warehouse and convert it into modern flats. However, his bank was not interested in funding the project and neither were any other banks he approached unless he could put 50% of the money up himself. Continue reading Development Finance Story of a very happy Property Developer


Shawbrook Bank the common sense lender Buy to Let News, Commercial Finance, Landlord News, Latest Articles, Property News

Our preferred commercial finance broker Cliff Verrill reports that Shawbrook Bank are driven by common sense not bureaucracy looking for ways of saying yes to clients and not the often received “computer says no” answer he gets from many lenders.

Shawbrook Bank lend on single investment units, portfolios, multi units, HMO’s and student lets. They lend to both individuals and Ltd Co’s and do not limit the amount of properties that the client can own or the business activities of the limited company.

All their arrangement fees have recently been reduced, along with interest rates in the past couple of weeks with further reductions announced today. Continue reading Shawbrook Bank the common sense lender


Mark Alexander – Keynote Speech Video Landlord News, Latest Articles, Personal Development & Motivation, Property News

My business partner and Founder of Property118, Mark Alexander, recently gave a 20 minute keynote speech to a group of start up technology businesses based in Norfolk.

In this video (below) Mark explains how he built his property portfolio and how he went from being a Corporate YUPPIE in the 1980’s to working from his bedroom on a start up Commercial Finance Brokerage which went to being ranked 38th in The Times Profit Track 100 in 2008. Please note that Mark was asked to observe the casual dressed code associated with the event.

Continue reading Mark Alexander – Keynote Speech Video


The Untapped Abundance of Commercial Lending Facilities Commercial Finance, Commercial Finance Broker Blog, Landlord News, Latest Articles, Property News

In my last blog about Commercial Lending Facilities I talked about my recent experience at the National Association of Commercial Finance brokers 20th Anniversary Celebrations.

I know for sure that many people will be shocked at my revelations that there are over 30 lenders currently providing property development finance and more so that the majority of them claim to be struggling to hit their lending targets. I asked the question in my last article“could it be that “self limiting beliefs” amongst lenders, brokers and perhaps more importantly, would be borrowers, are prolonging this recession?”

In this blog I will share my perceptions of what’s going on. Continue reading The Untapped Abundance of Commercial Lending Facilities


NACFB Celebrates 20 years of Professional Commercial Finance Broking Commercial Finance, Commercial Finance Broker Blog, Landlord News, Latest Articles, Property Development, Property News

NACFB Logo

On Friday 23rd November 2012 I was honoured to be invited to attend the 20 year anniversary of the National Association of Commercial Finance Brokers “NACFB” as a VIP guest.

This article is to be the first in a series of blogs talking about the commercial finance industry, in particular my personal perceptions of commercial funding post credit crunch. I can assure you, the discussions I was a party to at the NACFB event were very different to anything you have read in the newspapers.  For example, did you know that there are over 30 active property development finance lenders in the UK and yet the majority of them are struggling to hit their lending targets? That’s not what the Press tell us is it? Could it be that “self limiting beliefs” amongst lenders, brokers and perhaps more importantly, would be borrowers, are prolonging this recession? Continue reading NACFB Celebrates 20 years of Professional Commercial Finance Broking


PPR Estates Outline £6m Wandsworth Acquisition Buy to Let News, Commercial Finance, Landlord News, Landlords Stories, Latest Articles, Property Development, Property News

London based property company PPR Estates (PPR), has today confirmed the acquisition of 11,000 square foot of commercial office space in Osiers Road, Wandsworth, SW18 which will be converted into luxury, riverside homes.

Jon Caplan, Director of PPR Estates, commented: Continue reading PPR Estates Outline £6m Wandsworth Acquisition


You can remortage within six months! Buy to Let News, Commercial Finance, Landlord News, Latest Articles, Mortgage News, Property Investment News, Property News, UK Property Forum for Buy to Let Landlords

It is possible to remortage within six months of purchase, even on a buy to let property, I promise you! Forget everything you have heard about “the CML’s six month rule”, no such rule exists! 

The legend of the “CML’s six month rule” for remortgaging has been bandied around forums for at least five years now but I can assure you that no such rules exists – allow me to explain. You can remortage within six months! Continue reading You can remortage within six months!


Bridging finance surge in demand Commercial Finance, Landlord News, Latest Articles, Property Auctions, Property Development, Property Investment Strategies, Property News

Brooklands Commercial Finance have witnessed a significant upsurge in demand from referred Property118 readers for bridging finance as traditional secured lending markets become less accessible.

No longer seen as a lending product of last resort, bridging finance has become a mainstream vehicle for a wide range of purposes. Bridging finance can be arranged quickly compared to high street commercial loans with funds being made available often within days rather than weeks. A short-term lending facility can be used to secure an important purchase or unlock a value enhancing project to existing securities and more. Continue reading Bridging finance surge in demand


Don’t bash the banks Commercial Finance, Financial Advice, Latest Articles, Property Development, Property Investment Strategies

Is Property Finance Available? This is the first of a series of articles looking at the availability of finance and how to access it in today’s market by Malcolm Jones and Cliff Verrill of Brooklands Commercial Finance.

Lenders have come in for a lot of criticism, some of it deservedly so. However, in realigning their strategies so that they don’t repeat earlier mistakes, they are undergoing a difficult balancing act. On the one hand they have learnt lessons in respect of riskier lending propositions and have rightly curbed activities in these areas and some have pulled out of them altogether. On the other hand, the regulators have imposed stricter controls on bank activities. While the government is saying that banks must lend more, the Basel III accord requires banks to hold more capital to support their lending activities. It also introduced new regulatory requirements on bank liquidity and bank leverage. As a consequence, there are fewer funds to lend as the banks manage their balance sheets to conform to the new regulation. Continue reading Don’t bash the banks


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