After all the speculation and concern, the details of the budget were read out in parliament by Chancellor Rachael Reeves at the end of October, its implications for the market taking immediate effect
We are in Q4 and the sense of urgency to complete deals across commercial finance, specialist property, refurbishment or bridging facilities is certainly ramping up.
We’ve said it before, but as an established commercial finance broker, the relationships we have with well-known lenders put us in a unique position to help our clients and introducing partners we support.
Omega are now able to arrange commercial mortgages for many trading business types at up to 85% of property value, subject of course to their financial accounts.
Building on our last blog, where we discussed funding part-built schemes, development exit solutions, in this one we will look at non-traditional developments.
75% funding on a commercial unit valued at £600,000 for a trading business, 7.1% fixed for 5 years with a 2% lender fee.
“For sale” and “sold” signs on the residential side of the property market have markedly increased in the past few weeks and we continue to…
Existing trading business with 2 years’ trading accounts, mortgage of £1M against fully commercial asset valued at £1.33M with a 5 year fixed rate of just 6.7% and lender fee of 2%.
In a time when property investors and business owners are looking at smarter or more cost efficient ways to hold property, what property to invest in, and how to make their property investments work harder for them, one of the options clients may not realise is a possibility is that of borrowing through their pension.
0% lender arrangement fee is available to a wide selection of transactions and businesses, based on…
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