By: Timothy Frodsham
Any entrepreneur looking to buy their own premises or investors looking to add commercial property to their portfolio, will need a commercial mortgage. Business loans and commercial mortgages are created to assist businesses and individuals raise the capital needed to buy warehouses, offices, shops and factories or other commercial premises.
Read more on Commercial mortgages -5 pillars never to be forgotten…
A quick overview of property development finance. Continue reading
It seems that the new range of buy-to-let products will be targeted at professional landlord investors. Paragon will apparently commence lending with immediate effect through a panel of brokers and will widen distribution over time. Paragon says it will also accept direct business.
Looks like the doom and gloom merchants are out in force again. But who to believe? Continue reading
Consumers now have instant access to their credit reports after an agreement was struck between the Government and the credit reference industry.
As a result of the new agreement, people can now access their statutory credit report online for a nominal fee of only £2 from all three major UK credit reference agencies: Experian, Equifax, and Callcredit. Previously, statutory credit reports for £2 were only available by post, which could take seven days to arrive. Continue reading
There was a time that the trade relationship between supplier and customer was pretty much a private matter. Not any more.
Chances are that if you have a trade account with a supplier they are probably keeping tabs on your credit worthiness, just like your credit card provider does. 30 days credit means exactly that if you want to keep a clean sheet.
Read more on Majority of owner managed businesses have bad credit rating…
In a week that it was announced that the UK economy has crawled out of recession it is worth taking a moment to think about what opportunities exist for commercial mortgage brokers at the moment.
Property website Zoopla has launched a live online Property Auction. This exciting venture is a partnership between Zoopla and Real Estate Disposition Corporation (REDC). Don’t worry if you have not heard of REDC before, they’ve been in America for years and apparently sold over 30,000 properties in 2008.
Read more on Property Auctions Go Online and Available to Anyone…
A property developer has won a High Court case against property investors forcing one to pay £133,000 after they backed out of an agreement to purchase flats “off plan”.
The High Court, in Bristol, has ordered the person to pay a whopping £133,282 in damages, costs and interest to Plymouth’s Prestige Homes South West Ltd, after pulling out of a deal to buy two Zero 4 flats in Plymouth.
Read more on Property Developer Wins Test Case Against Investors…
Are you planning to take on more new staff in the early part of 2010? According to smallbusiness.co.uk there are quite a few of you out there who are planning to increase your workforce.
Read more on Are you looking to take on more staff in 2010?…