Tag Archives: commercial

The 2013 buy to let goldrush Buy to Let News, Buy to Let Property Hotspots, Commercial Finance, Landlord News, Latest Articles, Property For Sale, Property Market News, Property News, Property Sales & Sourcing, Property Sourcing, UK Property Forum for Buy to Let Landlords

The 2013 buy to let goldrushI have had a ‘gut feeling’ that the property market would turn in 2013 for at least four years, however, until now I have not been able to provide any real justification as to why I believe the 2013 buy to let gold rush will occur.

A recent comment on our forum got me thinking about this again. It said something along the lines of …

“do you think property values will rise when the governments incentives to help fund deposits for first time buyers kicks in next year? I’m seriously thinking about bringing my plans forward and buying now in advance of the next property gold rush” Continue reading The 2013 buy to let goldrush


Lending Criteria to Consider when Purchasing a Buy to Let Flat Commercial Finance, Landlord News, Latest Articles, Mortgage News, Property News

I had a question concerning this from our reader Dan today, but many Buy to Let investors I talk to are unprepared when looking to purchase a flat about considering what lenders will take as suitable security. Banks often have a surprisingly vast array of criteria that needs to be considered when lending.

I have compiled a list of questions a lender will ask and factors to consider when purchasing a flat. Although fairly in depth, I would not consider this exhaustive as after 15 years I know it is still possible to run across circumstances not seen before. Continue reading Lending Criteria to Consider when Purchasing a Buy to Let Flat


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


Shawbrook Bank slash arrangement fees and rates Buy to Let News, Commercial Finance, Landlord News, Latest Articles, Property News

Shawbrook Bank specialists in commercial and BTL finance have reduced their arrangement fees to 1.70% a saving of 0.80%, and their rates by up to 0.60% across their term product range.

Big advantages Shawbrook have over many other commercial lenders is their desire to lend with far less onerous stress testing compared to high street banks, Interest Only for commercial and BTL property and lending directly to Limited companies.

Malcolm Jones of Brooklands commercial finance said ” Shawbrook are specialists in good sense not using a tick box appraoch and allow me direct access to discuss cases with underwriters. This is invaluable when trying to get cases through for clients and they also have excellent turn around times.” Continue reading Shawbrook Bank slash arrangement fees and rates


Genesis Housing Association respond early to Montague Report Commercial Finance, Landlord News, Latest Articles, Property News

Stratford Halo Development

Stratford Halo Development

Genesis Housing Association is entering into an unprecedented and innovative financial agreement for its Stratford Halo development in East London with M&G Investments, the leading investment manager. The agreement will provide Genesis with greater capacity to invest in regenerating balanced communities and in good quality, affordable housing at a time when public subsidy for the development of new homes is expected to fall further.

With a value of £125 million, the initiative is the largest of its kind and the first in London.  It is also the first institutional investment in residential real estate for M&G’s Secured Property Income Fund (SPIF).

The agreement is an early response to the Montague Report, published in August 2012, which identified the potential of financial institutions as providers of funds for ‘build to let’ to satisfy demand for new housing.   It also anticipated the recommendations of the Future Homes Commission (FHC) that the shortage of quality housing could be solved by a ‘major overhaul’ of the way the UK funds, builds and markets new housing. Continue reading Genesis Housing Association respond early to Montague Report


Short-Term and Bridging Loans Directory Commercial Finance, Landlord News, Latest Articles, Property News

The Bridging Loans market has become popular with many new niche lenders competing with the big banks for your business. This competition can only be good for price, customer service and lending criteria. The Loan Directory is a regular feature publishing examples of the most competitive and frequently used product offerings helping readers identify possible funding facilities for their own projects.

In this latest publication we provide an updated selection of the most competitive deals on offer in respect of Short-Term and Bridging Loans. Market leading features are highlighted for easy reference. Continue reading Short-Term and Bridging Loans Directory


Commercial Finance Loan Directory Commercial Finance, Landlord News, Latest Articles, Property News, Property118 News

The Loan Directory is a regular feature publishing examples of the most competitive and frequently used products in the commercial market to help readers identify possible funding facilities for their own projects.

In this latest update we provide a selection of the most competitive deals on offer in respect of Commercial Finance for Investment and Owner Occupier mortgages. Market leading features are bold for easy reference. Continue reading Commercial Finance Loan Directory


Development Finance Loan Directory Commercial Finance, Landlord News, Latest Articles, Property News

The Loan Directory is a regular feature publishing examples of the most competitive and frequently used products in the commercial market to help readers identify possible funding facilities for their own projects.

In this latest update we provide a selection of the most competitive deals on offer in respect of Development Finance. Market leading features are highlighted for easy reference. Continue reading Development Finance Loan Directory


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