Business Finance News – Good and Bad

A quick round up of business finance news. A recent survey of 1,000 SME’s by HSBC Commercial bank has established that more than eight out of ten small business owners think that their businesses will grow over the next 12 months. Whilst raising business finance remains challenging around 14% of businesses that responded to the …

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Small Business Loans and Debts

A recent study by the business software services provider, Sage UK, has found that almost 25% of requests by small businesses for business loans were rejected by the banks last year. The study is compiled from around 1,000 responses to a survey which shows that around a quarter of all UK small and medium sized …

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Building homes, buying homes and empty homes

The Telegraph is reporting that the big property developers are keeping busy. Whilst not exactly boom time again it seems that things are at least stabilising, and not getting any worse. http://www.telegraph.co.uk/finance/newsbysector/constructionandproperty/9001042/Housebuilders-to-report-resilient-property-market.html Meanwhile a survey by the Halifax of local authority areas shows that if you’re living in the right part of the UK and …

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Is renting really more expensive than buying property?

According to Zoopla buying property is now cheaper than renting in 47 of the 50 largest towns and cities across the country. However Zoopla have been a little bit loose with their maths to arrive at that conclusion. They have taken a 100% Loan-to-value mortgage product (which probably does not exist) and compared the monthly …

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How will Commercial Mortgage Brokers React to New Rules?

Companies will no longer be able to offer customers mortgage suggestions about a non-advised basis under proposals in the Mortgage Market Review. And whilst the activities of commercial mortgage brokers are not currently regulated it could have a knock on effect. The FSA says it felt borrowers could not make the main difference between what …

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