More investors put money into commercial property in central London in the last quarter, meaning that available mortgages for such buildings may be on the increase.
Figures from a Cushman and Wakefield report recently showed that the amount of investments made into the development of business buildings saw a 110 per cent rise to £1.4 billion in the last three months.
According to Michael Aglony, marketing manager at Mortgages for Business, inquiries into taking out a loan for commercial properties at the firm have also increased, which may lead to more lending in the near future.
Looking at statistics from the company, he said: "Based on quarter-one figures versus quarter-two figures for 2009, there has been a 171 per cent increase in commercial cases, which would reflect the positive shift we have begun to see in the last few months."
Legal and General, recently announced one two-year fixed-rate and one three-year fixed-rate loan for businesses considered "almost prime".
Commercial mortgages begin to open up in London
Mortgage Quote Line
0845 108 0505
Commercial mortgages begin to open up in London
Fri, 03 Jul 2009
Recommended links
Compare mortgagesMortgage quote
Mortgage repayment calculator
What kind of mortgage can I get
Borrowing calculator
Best mortgage rates
Mortgage broker search
Mortgage lenders
Mortgage protection insurance
Commercial and business mortgages
Commercial mortgage types
Commercial mortgage FAQs
Commercial mortgage broker directory
Interest rates and mortgages
Mortgage arragement fees
Change mortgages
Tracker mortgage rates
Best fixed rate mortgages
2 year fixed mortgage deals
Standard variable mortgage rates
Offset mortgage guide
Mortgage rescue schemes
Mortgage debt advice
Mortgage arrears guide
Stopping repossession
Labour commits to creating one million more homeowners
Mortgage lender comments on fixed mortgage rate war
Chelsea Building Society comments on latest mortgage statistics
Lloyds TSB and CandG commits to mortgage cuts
40-year plus mortgages becoming more common
Analysts comment on interest rate decision
Buy-to-let will weather base rate hike, mortgage commentator claims
Mortgage Talk commits to five more years
Commercial mortgages could offer stunning London views
Mortgage procedure approved by housing committee
Commercial mortgages pressurised by rate rise
Mortgage lenders claim watchdog comments unfair
40 year mortgages more common in US
Expert comments on new first-time buyer mortgage
Commercial mortgages now available through Legal and General
Lodgers recommended for those intending to search for a remortgage
Buy to let mortgages shouldn't fund temporary accommodation
Competitive commercial mortgage market
Expert recommends tracker mortgages
New commercial mortgages launched
| mortgages news |
|---|
| Yorkshire Building Society makes mortgage more accessible - Thu, 02 Sep 2010 |
| Lloyds TSB launches new fixed-rate mortgage - Thu, 02 Sep 2010 |
| Skipton launches new mortgage range - Wed, 01 Sep 2010 |
| More News |
Mortgage Rates by Lender 
Worried about Mortgage Repayments?
- Join our petition to Government to bail out burdened individuals, not just banks.
Free Mortgage Quote
Mortgages in Scotland
Equity Release
Switching Mortgages
Home Reversion Plans
Commercial Mortgages Arrears & CCJs?
Remortgages- Sub prime mortgages
- Arrears, CCJs
- Self certification
- Debt consolidation
Protect Your Mortgage