The BBS Finance Team are regarded as one of the most experienced and well networked Commercial Brokers in the UK.
Contact us on - [email protected]bbsfinance.co.uk BirminghamJoined April 2023
Great to be part of Mozland Silveroak team that delivered much needed good quality homes in Kidderminster.
The site was recognised by Mayor of Kidderminster George Connolly and other prominent Councillors for improving the local area.
Owner Occupier – Accountancy Firm
Refinancing away from existing lender onto a new 5 Year Fixed Rate loan to support growth plans and purchase of an additional office premises.
Truly delighted to be supporting a Birmingham based Accountancy firm with their expansion plans.
Breaking - Interest rates cut to 4.75%
The Bank of England has cut interest rates for the second time this year as expected.
It has set the rate at 4.75%, down 0.25%.
Today’s decision means rates are now at their lowest point in more than year.
So Donald Trump wins the US election race to become only the 2nd President serve 2 non-consecutive terms. But will he make America great again?
I’m more interested in how this impacts us in the UK. Only time will tell...
#trump#usa#potus#PresidentialElection2024
Deal agreed for very experienced property family who have secured a capital raise for future property development and acquisitions.
Deal Team
Solicitor: @WilkesLaw
Valuer: @CarterJonas
Bank: @ortussecured#bridgingloan
Really pleased to help a Solihull Property Investor in moving off a high interest variable rate margin loan to attractive 5-year fixed rate deal.
A great team effort to get this one approved and into Valuations & Legals
#property#loans#semicommercial#smellygirls@AllicaBank
The Bank of England has said it should be able to cut interest rates “gradually over time” as it decided to hold borrowing costs at 5%.
The decision comes as inflation remaining at 2.2% as of last month.
Experts are predicting the Bank will cut rates further in November.
Today the Fed is likely to low interest rates for the first time in more than 4 years as it seeks a soft landing for the US economy.
Highlights:
- We are bracing for a 25bp cut to 5.00-5.25%
- US labour market cooling, but recession not in sight
- 50bp cut presents a risk to $
The Bank of England started the ball rolling this July with the first 0.25% cut in the base rate, now everyone is asking the same questions - how many more cuts and when will the cuts be made?
Million-dollar question is where base rates will end up and when.
So base rate has held at 5.25%. I am not really surprised and I am not sure I share the market sentiment that base rate will be dropping to c4% by the end of the year.
Eight of the nine Bank rate setters voted to leave rates unchanged, with only one voting in favour of a cut.
Despite market uncertainty and very hot weather the atmosphere was buzzing at the @NACFB Commercial Finance Expo 2023!!! It was great to catch up with old friends and acquaintances.... Apologies if we missed anyone! #banking#lending#NACFB#Developmentfinance#bridgingfinance
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