Does all this mean that arranging a Commercial Mortgage will be that much easier in the light of the extra cash being put into the system, well you would think so and what a nice way to repay the general public who will own around 84% of the bank.
I think that we will find on Monday morning when we go cap in hand to these banks asking for help it will be the same short sharp NO that we got last week, after all they do have to keep some of the money back to pay the bonuses that have has such bad publicity and quite rightly so.
The sad thing is there is no quick fix we have mortgaged away the future of our children in supporting the banks and just how quickly will this very conveniently be swept under the carpet, far quicker than we could ever imagine.
If we the general public whose hard earned cash has been pumped into the Banks could the benefits of this action in our everyday lives, there would be far more understanding of the current position. The Banks have been bailed out seem to want to return to the same position that they were in prior to the downturn and fail to recognise the anger that is felt by the public at the bonus culture and the very high charges that we now have to pay for our day to day Banking.
If our Banks could see beyond the next bonus, they would be trying to repair the very serious loss of confidence of the public in the Banking system and the rewards that seem to go hand in hand with failure.
Lets try a very different approach and see how the public react, START LENDING AGAIN TO THE GOOD CLIENTS WHO WANT TO GROW THEIR BUSINESS AND INVEST IN THEIR FUTURES AND WE CANNOT DO IT WITHOUT ACCESS TO COMMERCIAL MORTGAGES FINANCE AND BUSINESS LOANS. SIMPLES.
Michael Alexander acommercialmortgage4you.co.uk
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