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Commercial Mortgage

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UK Commercial Market Player Resumes Lending 

May 26, 2009By

In a sign that the commercial real estate market in the UK may be hitting bottom, Base Commercial Mortgages is planning to restart lending via a limited panel of commercial finance brokers. The firm, a specialist commercial mortgage lender, stop lending last year as a direct result of the credit crisis. This contributed to the resulting liquidity lock experienced across UK commercial markets, which distressed finances and lowered values despite properties maintaining relatively high occupancy rates.