LTV values up for UK commercial real estate – Laxfield Capital
Laxfield Capital’s latest UK Commercial Real Estate Debt Barometer suggests loan to value ratios have increased in the past two quarters, compared to the same time last year.
The Barometer surveyed some £37bn in loan requests across 392 deals over the past five quarters.
The rsults point to increasing confidence, Laxfield Capital says. For example, the results show that:
– LTV has increased from 51.8% to 58% in recent quarters
– There are more smaller sized loan requests, reflecting increasing activity in regions of the UK
– There is a higher proportion of acquisition related loan requests, reflecting a market that has moved on from so-called ‘legacy debt issues’.
– And there has been an increase in activity in the retail sector.
To read the full survey results click here: [asset_library_tag 7851,Laxfield Barometer]