Commercial landlords seeking loans for businesses involved in letting property may have found there were fewer options open to them in 2011.
According to a newly published report from De Montfort University and entitled ‘UK Commercial Property Lending Market’, active lenders were seeing less competition by the midpoint of the year.
However, there were signs of some lenders still being willing to offer new loans for business purposes.
Over a third (35%) of those surveyed planned to increase the size of their loan books at mid-year 2011.
More than two in five (43%) of lending teams approached by the researchers also said they intended to increase loan originations.
The research suggests that, even in a constrained market, there are pockets of activity where loans for business applications can still be found.
At ALG Finance, we started 2011 cautiously optimistic about the nation’s recovery from recession – and we are still realistic about the prospects for the months to come.
Headline figures disguise the fact that some sectors are still faring worse than others, while some are recovering much faster.
Whichever situation you find yourself in, we are still here to offer you support when you need it most.
