Welcome to the July 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 on our website Here.
Record breaking quarter for second charge lending
Second charge lending reached £143.3m in June to close out a record-breaking second quarter. According to the latest Secured Loan Index from Loans Warehouse, the growth of second charge lending “continues to surpass all records since the financial crisis”, with lending reaching its highest level since 2007 in the second quarter of this year.
Are you ready to change your property investment strategy?
Small-scale property development is something that you may want to consider if you’re not happy with your current strategy. And if that current strategy is largely or wholly focused on buy-to-let, you’ll have a good reason for a rethink.
Remortgage to fix budget costs and solve EPC concerns
It’s understandable that with changing budgets, comes a change in priorities – but what if there are multiple factors weighing in equal importance? One priority to juggle is certainly the predicted EPC legislation changes. The proposed changes suggest that properties must have an Energy Performance Certificate (EPC) band C or above for new tenancies in the private rented sector by 2025, and ALL tenancies by 2028.
UK SMEs show flexibility in the face of rising customer expectations
New research from American Express reveals that three-quarters (75%) of small and medium sized businesses (SMEs) are pivoting again in response to shifting consumer expectations brought on by the challenging economic environment by strengthening their customer relations and services.