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!
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Could UK property be your best investment in 2022?
The pandemic impacted every inch of the UK but as we start to learn to ‘live with Covid’, we’ve started to see many sectors return to their pre-pandemic forms, including the economy. As predicted, this has brought with it several changes including rising interest rates and increasing inflation, signs of a sector that is attempting to compensate for Covid-related losses.
UK motor finance rises 16% in 2021 to hit £45.2bn
Finance for new and used cars soared 16% to hit £45.2bn in 2021, according to figures released by the Finance & Leasing Association. Overall, FLA members across the asset finance, consumer finance and motor finance markets provided £132bn of new business in 2021, 15% higher than in 2020.
SMEs invest in growth as demand for larger loans rises
Small business owners are feeling confident about taking on larger amounts of finance to support their growth ambitions in 2022, according to Iwoca’s quarterly SME Expert Index.
Surge in buy-to-let remortgaging predicted
A surge in buy-to-let remortgaging is being predicted for 2022 but lenders are being urged to simplify the process. Alternative property lender LendInvest has highlighted that many landlords will have rushed to secure buy-to-let mortgages in 2017 ahead of new regulatory changes that introduced affordability and interest rate stress tests for borrowers.