Commercial Finance Specialists

Variation across the commercial mortgage lending sector has dried up following the credit crunch, it has been claimed.

Commercial mortgage lending has dried up following the onset of the credit crunch due to a lack of variety across sources of finance, it has been suggested.

Compared to the pre-credit crunch commercial mortgage environment, the current economic climate lacks "game-changing" lenders, according to the sales and marketing director of Commercial First, Stephen Johnson.

In an article for Bridging and Commercial, he suggested that sufficient commercial lending needs to be made available to create necessary market competition.

Mr Johnson indicated that commercial brokers need to avoid relying on just one lending product in order to meet clients' needs.

Last week, the Royal Institution of Chartered Surveyors noted that commercial property in the UK is becoming increasingly attractive compared to other European countries, due to the pace of its recovery.