Banks More Willing to Lend for Commercial Property Deals

Banks are increasingly willing to led to those looking to complete commercial property deals, according to a new study.

Research has found that the number of top lenders that would provide finance has almost doubled in recent months, with 23 willing to lend in excess of £20 million over the second half of 2009.

However it should be noted that the number of active lenders is still pretty low, despite the rise, and they are still willing to lend much less than they were two or three years ago and the money that they are willing to lend comes at a higher price and on less generous terms.