Fixed rates
5 year fixed rates are coming out at c 2.82 % cost of funds- add your margin to obtain the pay rate; so with new loan being quoted from 2.75% t0 5.2% above base a new 5 yerar fixed deal coudl cost up to 8% little wonder many small businesses chose to take a chance [...]
Barclays Commerical
Barclays seem to be active currently saying they are open for commercial mortgages ( owner occupied not investment ) . They were at Mortgage Expo and are busy making calls to brokers currently hunting for business. Our perception is that they are not really lending- certainly cases we have tried with have come across all sorts [...]
