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 here.
Owner-occupiers drive commercial property market
Owner-occupiers have been driving the commercial property market, according to the latest Commercial Property Demand Index from Rangewell. The research found steady investor appetite in Q2, but it was the high level of owner-occupied commercial mortgage activity that kept the market moving.
UK inflation surges to 3.6% in June
UK inflation rose unexpectedly in June, climbing to 3.6% and marking the steepest monthly increase in over a year, according to the latest figures released by the Office for National Statistics (ONS). The surprise jump has raised concerns among policymakers and added pressure on the Bank of England ahead of its next interest rate decision.
Property flipping slumps to its lowest level since 2013
The number of homes being flipped in England and Wales has fallen to its lowest level in over a decade, as higher stamp duty bills eat into investor returns and force flippers to retreat from pricier southern markets.
Fixed rate expiries fuel buy-to-let refinancing surge
Landlord research carried out by mortgage market specialist Pegasus Insight shows a major wave of refinancing among buy-to-let landlords, driven by the end of fixed-term deals and shifting portfolio strategies. Of those refinancing, over two-thirds stayed with their existing lender; one in three remortgaged and one in three took a product transfer.
