There is set to be a £90bn rise in commercial lending in the UK over the next five years, a report from a specialist lender has suggested.
A report from Together, Opportunities and Outlook, said that by 2028 commercial lending would increase by 32 per cent to total £118bn.
The prediction was made by Intermediary Mortgage Lenders Association (IMLA) economist Rob Thomas, who said low interest rates had driven growth and development in the property sector and the recent rise would create a challenge.
Thomas added: “The improving outlook in our macroeconomic forecast, coupled with supportive structural factors such as rising population and constrained supply due to lack of available stock, will allow for a recovery in property prices and markets from 2025, picking up momentum from 2026 onwards.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.
