a comfort zone for investors and has this produced a new breed of lenders who have taken the Commercial market by storm. We now have a range of specialist lenders who are prepared to lend on the bricks and mortar value, up to 85% in some cases, and not to There has been a major change in attitudes towards Commercial properties both from lenders and Investors in recent times. The major high street lenders who would have normally considered lending on Commercial property have in the past restricted lending to a maximum of 75% loan to value or purchase price which ever is the lower. There are exceptions but this has been the general rule. Until recent times investors have not had the opportunity to invest in Commercial property except via stocks and shares in the holding company. Some of the major unit trust providers have seen the gap in the market and have now launched unit trust funds which pacifically invest in Commercial property.

This is seen as a fairly low to medium risk investment where the growth in the fund reflects the rise in rental income following the rent reviews which take place normally every three or five years together with a revaluation of the property. Most new leases do not allow for the rent to do anything but go up on review. This gives a comfort zone for investors and has this produced a new breed of lenders who have taken the Commercial market by storm. We now have a range of specialist lenders who are prepared to lend on the bricks and mortar value, up to 85% in some cases, and not to

a maximum of 75% loan to value or purchase price which ever is the lower. There are exceptions but this has been the general rule. Until recent times investors have not had the opportunity to invest in Commercial property except via stocks and shares in the holding company. Some of the major unit trust providers have seen the gap in the market and have now launched unit trust funds which pacifically invest in Commercial property.

This is seen as a fairly low to medium risk investment where the growth in the fund reflects the rise in rental income following the rent reviews which take place normally every three or five years together with a revaluation of the property. Most new leases do not allow for the rent to do anything but go up on review. This gives a comfort zone for investors and has this produced a new breed of lenders who have taken the Commercial market by storm. We now have a range of specialist lenders who are prepared to lend on the bricks and mortar value, up to 85% in some cases, and not to

holding company. Some of the major unit trust providers have seen the gap in the market and have now launched unit trust funds which pacifically invest in Commercial property.

This is seen as a fairly low to medium risk investment where the growth in the fund reflects the rise in rental income following the rent reviews which take place normally every three or five years together with a revaluation of the property. Most new leases do not allow for the rent to do anything but go up on review. This gives a comfort zone for investors and has this produced a new breed of lenders who have taken the Commercial market by storm. We now have a range of specialist lenders who are prepared to lend on the bricks and mortar value, up to 85% in some cases, and not to

the fund reflects the rise in rental income following the rent reviews which take place normally every three or five years together with a revaluation of the property. Most new leases do not allow for the rent to do anything but go up on review. This gives a comfort zone for investors and has this produced a new breed of lenders who have taken the Commercial market by storm. We now have a range of specialist lenders who are prepared to lend on the bricks and mortar value, up to 85% in some cases, and not to a comfort zone for investors and has this produced a new breed of lenders who have taken the Commercial market by storm. We now have a range of specialist lenders who are prepared to lend on the bricks and mortar value, up to 85% in some cases, and not to go into great depth into how the client will repay this. This new style of lending has been styled Self certification of income, and allows the client to seek professional advise sensibly via an Independent Financial Advisor who can guide the client as to how the case should be presented to the lender taking into account all the sources of income available and taking a realistic view of how the business will perform.

An Independent Financial Advisor has a duty of care to the client and should not be looking to place the client in a position where the repayments of the proposed loan are outside what the client can afford. The new self certification schemes are not there to be abused but allow a degree of flexibility and do not require the client to prove his income but to make an informed forecast of future growth. Advice should always be sort when looking at these schemes and clients should take a little extra care looking at the penalties for early repayment. The specialist lender does not expect the clien