Growth in the UK can only be good news for British Business

READING, U.K. - April 10, 2014 - PRLog -- Growth in the UK can only be good news for British Business.

Following the recent announcement by the International Monetary Fund (IMF) that the UK economy will be the fastest-growing in the G7 this year many companies are looking to take full advantage of the new confidence this will bring to the county.

Ann-Marie Read of Commercial Mortgages Direct commented ‘With this announcement that the UK is the fast growing economy comes confidence and this can only be good.  The attitude in general within the business community is much more positive this year and for many companies the first quarter has proved to be very successful.’

Ann-Marie went on to say ‘We ourselves have seen a 40% increase in individuals and companies wanting to purchase property and I believe this is as a direct result of confidence. The good news from the IMF coupled with recent figures showing the UK property market is on the rise, demand for commercial mortgages has increased.  With a rising property market and interest rates at an all time low many financial astute business people are taking advantage of what can only be described as a unique market.’

This new optimism is also reflected in the mortgage lender market in particular the commercial finance sector with the arrival of new lenders including the likes of Shawbrook and Interbay along with a renewed appetite for lending from many of the high street lenders.

To find out more about how Commercial Mortgages Direct can help your business grow call 0118 3140178