Lending

17 October 2016 | Lending

Pulling out of deals deemed biggest post-Brexit issue for commercial market

Investors were “jumping the gun” by withdrawing from the commercial property market after the EU referendum, a lender has claimed. In August, real estate adviser Savills reported that commercial property activity fell by 18% during July, while last week the Bank…

17 October 2016 | Lending

Six months until interest rate relief cut for buy-to-let landlords

The measure, which was introduced in the summer Budget 2015, will restrict relief for finance costs on residential properties to the basic rate of income tax, with the restriction fully coming into place from April 2020. These finance costs…