What to expect from the commercial mortgage landscape over 2021

  • Commercial Finance

The coronavirus pandemic has undoubtedly had an effect on the current commercial mortgages landscape. In fact, as big names disappear from our High Streets, and many businesses suffer in the wake of the pandemic, you may have assumed that commercial property investment is not the right path to go down right now.

In the “Commercial Mortgages: Inc Impact of COVID-19” Report by Mintel it was stated:

“The COVID-19 pandemic has significantly altered the lending and investment landscape. Lenders will exercise extreme caution moving forward when it comes to new lending, but will also need to support existing customers under distress.”

Over the last few months, we have certainly seen that many commercial lenders are now more cautious about their lending approach, with some having reduced their LTV to 65% or lower. Other lenders are also concerned with being able to get accurate financial information from companies whose profits have been affected and/or if they have taken out CBILS and bounce back loans out to survive.

However, despite ongoing challenges posed by the pandemic, we have continued to see a steady flow of commercial mortgage completions. Although some lenders are hesitant to lend in areas such as the retail and leisure industries, we have found that there is certainly appetite for manufacturing, industrial and medical/healthcare sectors, where lenders are much more willing to support.

Finance 4 Business

As one of the UK’s award-winning specialist finance brokerages and one of the biggest commercial finance brokers in Birmingham, we are committed to providing top-quality service and advice to any business, including those that have been affected by the coronavirus pandemic.

During a time when your usual routes to commercial lenders can be difficult, Finance 4 Business is here to help businesses experiencing a disruption in cash flow by finding both commercial and semi-commercial mortgages, development finance and bridging finance.

We enable you to access mainstream commercial mortgage lenders, such as High Street Banks and Challenger Banks. We also give you access to a wide range of specialist commercial mortgage lenders, allowing us to offer a number of semi-exclusive products that are not available directly to the general public.

Visit our guide to commercial finance for more information.

Due to the events of the past year with Covid-19, the commercial mortgage landscape has been impacted significantly. Because of this, banks will be more mindful of the risks in 2021, and therefore it is more vital than ever to find the right finance provider to meet your needs.

See what people say:

“Finance 4 Business stand out in understanding their clients’ needs, realising the best finance solutions for their client.

“Finance 4 Business provide great support to both client and lender with their case management team providing great knowledge, quick, transparent, honest and most importantly, consistency throughout the deal.” – Andy Reaney, Barclays Bank PLC

If you want to find out more about how our experienced and expert team can support you, get in touch by calling us on 0121 309 0444 to find out more.

Alternatively, email enquiries@f4b.biz to see how we can source the best financial support for you and your business.