News & Info

23/03/17
Property prices in England and Wales continue to rise with an annual year-on-year increase of 6.2 per cent in January according to the latest figures from the Office for National Statistics (ONS).House values rose by 0.8 per cent month to month from December, to continue an upward path despite uncertainty surrounding Brexit.

England fared best with an annual rise of 6.5 per cent, taking the average property price to £234,794 according to the ONS research. Despite doom and gloom predictions in the run up to the EU referendum, Brexit uncertainty continues to be ignored by the property market as prices continue to rise regardless of the imminent start of the exit process.

CEO of haart estate agents, Paul Smith, commented: ‘With only a week to go until Article 50 is triggered – house prices remain indestructible as the average person is paying £13,000 more to own a home than the same time last year, reflecting the health and buoyancy of the UK economy seen in the last few months.’

Property price growth is slightly below the 7.4 per cent seen in 2016, and with inflation moving past the Bank of England target rate of 2 per cent this week, buyers may become more conservative. But the shortage of available property in the UK compared to demand should strongly underpin the market.

At Aben Financial we specialise in property developers access the right finance and have access to over 270 lenders – ranging from high street banks, peer-to-peer lenders, challenger banks, private funds and more. We’ll expertly and honestly guide you through the process from initial enquiry to funding. Contact us at contact@abenfinancial.com or 01202 800 100.

Article source : https://residentiallandlord.com/property-prices-continue-rise-brexit/
17/01/17

Brexit and its impact (positive or negative) and the associated uncertainty continues to dominate the headlines. However, owners of SMEs continue to face the day-to-day challenges and opportunities presented by running a business. A recent survey conducted by the Entrepreneurs’ Forum, highlighted that entrepreneurs regard access to cash flow as the most significant barrier to growth going forwards. More than 25% cited it as the main barrier to growth – compared to only 5% citing concerns about Brexit.

Whilst the supply side of the financial sector is evolving rapidly to fill this shortfall in need from the vitally important SME sector – the lender landscape is more complex than it has ever been – with niche players competing alongside high street brands. This makes navigating the market for small business very difficult.

At Aben Financial we specialise in helping SMEs access the right finance and have access to over 270 lenders – ranging from high street banks, peer-to-peer lenders, challenger banks, private funds and more. We’ll expertly and honestly guide you through the process from initial enquiry to funding. Contact us at contact@abenfinancial.com or 01202 800 100.

Further details on the article can be found out at: http://www.entrepreneursforum.net/news/article/2697
01/12/16
It’s perhaps not surprising to learn that SME lending has been in decline since 2013 – falling 12% from Q3 2013 to Q4 2015 across the 10 largest cities in the UK. The CEBR believes the has been decline driven by a combination of tougher lending criteria from the banks and as some firms have reduced their investment plans as a result of an uncertain economic environment.

However - with all the noise surrounding the run-up to the referendum and its end result – it’s perhaps surprising to discover that latest quarterly figures from the British Bankers’ Association suggest a rise on SME lending over the previous year.

In addition – perhaps as a consequence of more robust than expected economic performance, ongoing low interest rate and low unemployment a recent survey revealed 58% of SME owners were more positive about the prospect of raising finance in the next 12 months. Whilst some of the traditional lenders continue to be somewhat restrictive the rapidly evolving alternative lending community are certainty improving the borrower conditions for

More details can be found at: http://smallbusiness.co.uk/glimmers-growth-sme-lending-2535906/

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