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£11.5m refinancing of converted office block secured for complex ownership structure
Silbury provides additional £33 million loan for 292-home Old Kent Road residential scheme, taking total facility to £101 million
Construction starts on £140m 24-storey Battersea tower
Together's latest analysis forecasts a substantial 32% increase in commercial lending in the UK over the next five years, from £90 billion in 2023 to £118 billion by 2028. Despite high inflation and interest rates posing significant challenges to property developers, landlords, and investors, the sector exhibits robust growth potential.
The lender’s report, 'Opportunities and Outlook; the future of commercial property', highlights an assertive approach among commercial entities. Many are exiting or diversifying their portfolios to counteract declining yields and revenues. Key investment opportunities identified include student housing (23%), housing developments (21%), and luxury residential properties (19%).
Concerns about falling property values impacting lending capabilities are prevalent, but this has not deterred a majority from exploring growth sectors. Retail projects (18%), housing developments (17%), and student accommodation (16%) are among the most pursued ventures this year. Conversely, office space, hotels, and industrial sites are viewed with more caution.
Call Trinity Specialist Finance to secure a mortgage on 020 7016 6151 or book a consultation
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