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YBS Commercial Mortgages increased the amount of money borrowed by commercial and professional landlords by 50% in 2022 – to £0.6 billion compared to 0.3 billion the previous year - according to Yorkshire Building Society’s Annual Report and Accounts.
The 2022 figure signifies an increase in the value of the lender’s entire customer base to more than £1.5 billion and a record in new lending for the commercial lending arm of Yorkshire Building Society.
The support provided by the commercial lender to the private rental sector amounts to £413.2 million in 2022, underpinning professional landlords and, through stringent lending processes, focussing on key areas of concern such as fire safety and property conditions.
Support for other key sectors includes investment in industrial property, retail property and the leisure industry, with a total of £115.7 million provided across commercial investment lending in 2022.
How can YBS Commercial Mortgages help?
YBS Commercial Mortgages is the commercial lending arm of the Yorkshire Building Society. It provides commercial mortgages to trading businesses and property investors who are based in the UK.
Over 25 years ago, the lender set up a specialist team to deal with commercial mortgage enquiries, and now its website says it has 2,000 mortgage customers.
All loans are subject to status and secured against property and sometimes additional security may be required.
YBS Commerical provides:
- Commercial investment, business owner occupier and limited company buy-to-let mortgages.
- Lending amounts £500,000 - £20,000,000 maximum per portfolio.
- Dedicated personal service from application through to completion.
- Loans up to 75% loan-to-value.
- Both variable and fixed rates.
Call Trinity Specialist Finance to secure funding on 020 7016 6151 or book a consultation