Its come at a very good time as we wondering when commercial mortgages would ever be the same again. But with spring jusr around the corner it could not have come at a more fitting time. There has been a very small change in attitude by the lenders as they flex their financial muscles and tentively dip their toes in the lending waters.
You always want to be positive because anything else is a waste of time, but it has been a very long hard slog and a double dip in the market would be more than most businesses could cope with. So we remain positivewe ignore all the clowns trying to talk up the market and wait for those little signs that show things maybe on the change.I do not want to recall how many clients we have had to turn away when in better times we could have helped them, but like the snow drops that are just starting to show commercial mortgages Finance and business loans may just start to get easier to arrange.
You cannot touch it you cannot feel it but that smell in the air that only our finely tunes financial senses pick up make us aware underwriting and attitudes are changing. You just get that feeling that they want to lend, rather than finding different ways of saying no to your commercial mortgage application.
Michael Alexander acommercialmortgage4you.co.uk
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