Welcome to the September 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.
Influx in auction properties could mark ‘big opportunities for investors’
Economically, it has been a tough time, with the first half of the year impacted by political uncertainty and mortgage rates that are holding steady rather than decreasing significantly. There have also been changes in taxation, including the cut to capital gains tax which came into effect in April this year.
The role of bridging finance in addressing property market challenges
Short-term lending has become a vital financial mechanism in overcoming these challenges. As evident in the latest Bridging Trends report for Q2 2024 which sheds light on several key trends that we’ve observed firsthand, especially in the context of chain breaks, auction purchases, and the evolving needs of property professionals.
Construction and Property development sector set to bounce back in 2025
The total market size of the construction and property development sector is forecast to bounce back strongly in 2025 after suffering the third consecutive year of declines in 2024, according to Rangewell.
Asset finance new business grew by 9% in July 2024
New figures released today by the Finance & Leasing Association (FLA) show that total asset finance new business (primarily leasing and hire purchase) grew in July 2024 by 9% compared with the same month in 2023. In the seven months to July 2024, new business was 5% higher than in the same period in 2023.