Business Mortgages - Buy to Let Mortgages & Commercial Mortgages

28th May 2003

Trends in Buy to Let

Many residential investors will have seen press about the fall in rental return on properties in London & the South East. As a result, many landlords have switched their attention to cities outside the South East, such as Glasgow, Nottingham, Manchester and Leeds.

Both Nationwide Building Society and ARLA (Association of Residential Letting Agents) have reported an increase in house prices in these areas in the last quarter.

One of our lenders is trying alternative mechanisms to secure funding. They are trying an alternate calculation based on a multiple (205 times) the monthly rent figure. This might be a solution for you if you are looking at rents which don't allow an 85% LTV mortgage.

Buy to let mortgage quotes

Trends in Commercial Mortgages

The offset mortgage is now appearing. Some of our lenders are now offering this as a competitive alternative. We know of at least 3 lenders that are offering this service.

The principle is the same as a residential mortgage - the amount in the business bank account (current account) is offset against the repayments of the business mortgage. Most lenders require a minimum in your business account (between £1,000 - £5,000)

Commercial mortgage quotes

New Commercial Providers

Over the last 3 months we have been working to make our mortgage panel as wide as possible.

Bank of Scotland - competitive High Street Lender who with their new Smartfinance product are bringing the world of "offset" mortgages to the commercial sector.

RBS West - for those looking at commercial property in the West Country, this high street lender is able to provide specialist and competitive assistance.

ASC - one of the largest nationwide brokers in the UK specialising in those purchasing a business and able to assist those who are new to the commercial field via their nationwide network of commercial finance branches.

Click for a quote from our new and existing commercial mortgage providers

Business Finance Newsletters

Q2 Factoring Update - 09.06.2004
FSB states 25% of businesses fail but what can be done?

Brighter Outlook for Small Business in 2004 - 17.12.2003
Small Business Outlook Brightens

Government Initiative to Save SME's over a Billion on Energy Costs - 25.11.2003
ME's Waste over a Billion on Energy Costs

Protect Your Business Against Rising Rates - 12.11.2003
Ways to Protect Your Business Against Rising Rates

Interest Rates Rise by 0.25%: What it means to you. - 06.11.2003
Impact on Your Mortgages

Q4 Factoring Update: Brumark Bites - 04.11.2003
How Brumark will affect you and an invoice finance glossary

SME Economic Confidence up 22% - 28.10.2003
SME business confidence report and buying vs. leasing property guide.

Rising Crime Affects a Quarter of UK Businesses - 15.10.2003
Covers crime and how it effects UK business. Also includes finding the right finance for your business.

Invoice Finance - Easing Cash Flow Concerns - 01.10.2003
Report from The Factors and Discounters Association plus info on invoice disounting and lease financing.

Quarter 3 Insurance Update - 25.09.2003
Insurance update.

Small Business Owners Relish Their Freedom - 18.09.2003
Poll shows majority of small business owners would not work for someone else.

Q3 Mortgage Update - 11.09.2003
Trends in buy to let mortgages and commercial mortgages

Tailored solutions for your commercial vehicle needs - 04.09.2003
Report on commercial vehicle purchasing, financing and insuring.

Sources of Red Tape Plaguing UK Small Businesses - 26.08.2003
Poll shows red tape plaguing UK small businesses, plus tradesman insurance and equipment leasing.

Quarter 3 Factoring & Invoice Finance Update - 20.08.2003
New invoice factoring and invoice discounting partners, and switching from one Ffctor to another

Understanding Business Overdrafts - 06.08.2003
Business overdrafts and the alternatives.

Our Quarterly Mortgages Update - 28.05.2003
Trends in buy to let mortgages and commercial mortgages

Business Finance Online Info Centre

If you need more information on a particular product or service before investing/purchasing, try consulting our useful business finance reference section.

NB: The information on this business-finance-online.co.uk is for informational purposes only and should not be treated as business, financial, or any other form of advice.