Welcome to the April edition of the Dee Commercial Finance newsletter!
Whatever your Commercial Funding requirement, Dee Commercial Finance can offer you a Free, impartial and totally confidential initial consultation – Where we will quickly assess the funding options available to you!
Please contact us on 01244 432 360 to see how we can help or submit an enquiry form on our website Here
Holidays lets UK – which is the best destination for an investor?
Blaenau Gwent in southeast Wales has topped the list of the best places in the UK to invest in a holiday let, according to a new report from Sykes Holiday Cottages. With house price growth currently at 12% year on year, and an average revenue potential of almost £20,000 per year, the report said the county borough offers excellent long-term potential for anyone looking to invest.
SMEs predict growth despite poor economic outlook
The Azets SME Barometer, first launched in August 2021, surveyed 1,093 SMEs from all sectors in the UK and Nordics, and reveals only half (51%) of all SMEs are optimistic about the economic outlook, down from more than two-thirds (68%) last summer. UK SMEs are the least positive, with less than half (45%) reporting optimism and 40% expecting the economic climate to worsen.
Helping support the next generation of property developers
Over the past few years, we have excitedly seen a new group of property developers enter the market. These younger, more digitally-savvy and socially engaged property investors are taking the real estate market by storm. Often in their thirties and forties, they are a different breed of developers,
Bridge-to-let fills the gap
Refurbishment bridging finance can help landlords cover the cost of meeting new EPC requirements and other renovations. In 2025, it will no longer be possible to let out a property to a new tenant if the energy performance certificate (EPC) rating is not C or above. In 2028, the same will apply to existing tenancies.