January 25th, 2010
The US is seen as the strongest prospect for capital appreciation by foreign investors, according to a survey by the Association of Foreign Investors in Real Estate. The figures came from questions put to the association’s 200 members, who together own more than $842 billion in global real estate.
More than half of those questioned put the US first, with 30 per cent identifying the UK as the best investment opportunity, and 10 per cent voting for China. When asked which US cities came top for investors, Washington DC was named as the first choice, with New York second, followed by San Francisco, Boston and Los Angeles.
Masthaven is a competitive and quick way to meet your short term loan needs
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January 21st, 2010
Short term lender and winner of the 2009 Bridging & Commercial Service Excellence award, Masthaven Bridging Finance, has been added to the panel of new bridging finance specialists, London Bridging Finance.
London Bridging Finance is a department of Enness Capital, and specialises in short term and development finance as well as complex lending structures.
Richard Deacon, National Business Development Manager for Masthaven, commented: “Everyone at Masthaven is thrilled to be joining an industry platform that has such exciting growth plans.
“What sets the team at London bridging apart is their dedication to providing an excellent service to their clients. As service excellence award winners ourselves, we fully understand that the relationship between client and service provider is key.”
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January 15th, 2010
UK home owners cut £4.9bn from their mortgages between July and September of this year, according to figures from the Bank of England.
The report revealed that for the sixth consecutive quarter, home owners have injected equity into their properties.
In the decade leading up to the recession, mortgage borrowers tended to use housing equity to fund consumer spending. Industry analysts fear that the recent sustained focus on debt reduction will be detrimental to economic recovery.
Recent figures also show that the proportion of UK income taken up by saving or paying off debts rose to an 11-year high between July and September of this year.
Masthaven is a competitive and quick way to meet your short term loan needs
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January 8th, 2010
The Bank of England has reported that business loans have dropped for the ninth consecutive month, as companies reduce debt levels rather than seek new loans.
Latest figures show that in October, business loans sank by £4.8bn, following a £4.6bn fall in September.
Many small businesses are concerned about the continuing lending freeze, brought on by the economic crisis. The scarcity of credit is a serious obstacle in the country’s fight back to financial recovery, according to Howard Archer, economist at HIS Global Insight.
The outlook, however, looks less bleak for 2010: the Bank of England reports that lenders “expected loan availability to the corporate sector to improve and the cost of borrowing to decline”.
Find a range of bridging loans on our website for your property needs.
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