Commercial Finance Specialists

Finance providers are lending more often and in greater amounts for commercial developments, Savilles has said.

Banks are beginning to provide sources of finance for commercial property investment once again, one international real estate advisor has noted.

Savills has named the UK market's top 21 commercial mortgage lenders who are willing to lend from £30 million upwards, revising this figure upwards from £20 million in October 2009 to reflect the increased appetite for lending in general.

The 21 banks, which have 13 German lenders among them, include Aviva, Barclays Bank, Santander, Lloyds Banking Group, Canada Life and the Bank of London and Middle East.

Savills stated that one distinct feature of the current commercial mortgage market is a scarcity of quality lending opportunities, which has seen fewer investment properties coming on to the market and more competition from overseas buyers.

Earlier this month, the real estate advisor said that commercial developers signalled a rise in overall business activity last month, while the rate of expansion stood at its fastest since May 2007.