Welcome to the February edition of the Dee Commercial Finance newsletter!
Whatever your Commercial Funding requirement, Dee Commercial Finance can offer you a Free, impartial and totally confidential initial consultation – Where we will quickly assess the funding options available to you!
Please contact us on 01244 432 360 to see how we can help or submit an enquiry form here.
Bridging completions jump to £1.69bn in Q4 2023 – ASTL
In its analysis of bridging completions, the Association of Short Term Lenders (ASTL) found that loan books had risen by 4.2 per cent to reach £4.6bn compared to Q3 2023. This is an increase of over 16 per cent compared to the previous year.
Commercial conversions can deliver for developers and landlords alike
The sharp imbalance between the demand from would-be buyers and supply continues to drive up property values, and as a country we are seemingly unable to build new properties at a sufficient rate to make a dent in that demand.
Landlords take action to invest for the long term
According to the second instalment of the Landlord Leaders survey, seven in ten (69%) landlords have already or are planning to increase the size of their property portfolio, increasing to 77% of professional landlords.
UK enters technical recession as GDP falls 0.3% in Q4
UK GDP was down 0.3% over the three months to the end of December, a second consecutive quarter of negative growth, pushing the UK into a technical recession.
