Ask an adviser about your commercial mortgage enquiries.
Part of the Michael J Alexander Group
If you have adverse credit we can help
Tips on finding the broker for you
Help for declined applicants
Your complete guide to commercial mortgages
How commercial mortgages fit your business
Got bad credit? Its ok we can help
Our daily blog of financial information
Our commercial mortgage blog is a blog we write to on a frequent basis to keep you updated with on the spot information that we receive. A commercial mortgage blog is designed to provide the latest commercial mortgage information. Our designers blog the commercial mortgage blog upon receipt of new information.
You can post comments on our commercial mortgage blog, but urls are banned due to spammers making the community suffer with spam. Our commercial mortgage blog is for blogging and informative purposes only.
Our commercial mortgage blog is updated daily with new information on the fly.
Site Updates: Thursday 7th Aug 2008
Featured in The-Mortgage-Hub ã 2006
Site Last Updated: Thursday 7th Aug 2008
Ó www.acommercialmortgage4you.co.uk - Specialists in commercial mortgages and commercial finance
Commercial Mortgages and Professional Mortgage Advice from Michael J Alexander Group
Browse our daily commercial mortgage articles, updated on a frequent basis with lots of new commercial mortgage information daily. Ranging from bad credit commercial mortgages through to secured loans for commercial properties.
Commercial Mortgage Blog
Blogger V2.1.1.0
TENANT DEMAND AT FASTEST PACE IN ALMOST NINE YEARS
Tenant demand for residential property showed a strong rise in the quarter to January 2007, up at the fastest pace in almost nine years, according to RI CS in their latest lettings survey. They say that the acceleration in tenant demand from the steady growth of the previous two years has occurred on the back of strengthening economic activity and employment in the last six: months, with some contribution from those migrating from the enlarged EU .
New landlord instructions, an indicator of buy-to-let activity, showed a modest upturn in recent months. Higher investor activity reflects the pull of strongly rising house prices with interest rate increases yet to have any negative impact on landlord demand. The quarterly rise is the first in a year, though growth in landlord instructions remains below the long-run average for the survey, due to relatively low property yields compared to borrowing costs. As such, RICS say there are few signs that the buyto-let market is in the middle of a boom, with conditions being much calmer than during the peak growth period from end 2001 to 2004.
Rl CS surveyors reported another firm increase in rental levels for the quarter, with tenant demand for property exceeding new supply for the eleventh consecutive quarter. Overall rental growth is however the slowest since the quarter to April 2006, though rises are still more than double the long-run average for the survey. Looking ahead to the next quarter, rental growth is expected to slow further, according to surveyors, despite current strong demand conditions and muted landlord instructions. Residential gross yields showed a second consecutive quarter of declines, although the drop in yields is not surprising, say RlCS, as house price inflation has been accelerating while rent rises have slowed. Falling yields are likely to cap short term investor demand for property, particularly as interest rates still seem to be on a rising path.
Digg IT | Furl It
Commercial Mortgage Blog
Blogger V2.1.1.0
HOUSE PRICE GROWTH INCREASES IN EVERY REGION
House price growth increases in every region
The Housing Market Data Response, by Capital Economics, reports that house price growth has got off to a solid start in 2007.
But it does point out that the full effects of higher interest rates are yet to be seen in the house price data. "We continue to expect a significant slowdown in house price growth this year", said Kelvin Davidson, property economist for Capital Economics.
House prices rose by 2.1 %m/m in January which is the largest percentage gain in that month in the five year history of the index. It is equivalent to a rise of £4,200 in monetary terms.
In addition, the regional breakdown showed that house price growth in Northern Ireland (42.5%y/y) was the fastest seen in any region for any month on this index. The previous record was 41.8%y/y in the East Midlands in January 2003.
Elsewhere, house prices in London rose by more than 3.3%m/m in January, while the East, North West, South East and South West all recorded gains of more than 2.2%m/m. The annual rate of house price growth has increased in every region since October. Davidson concluded: "Looking ahead, we continue to expect higher interest rates to take a greater toll on the housing market in the coming months, with activity levels and price pressures likely to be markedly weaker by the end of the year. ~
The source for house prices source is the Department for Communities and Local Government.
Digg IT | Furl It
