This is a cross post from my development thread that might get more visibility here to stimulate discussion.
I got a call today from someone at a bank saying they saw our for sale sign and asking did we want to talk to someone about finance for the development or any other developments we may have planned. Hmm, when I was looking around for finance a year ago, banks were pretty tight with finance and it took ages to get our loan over the line. Now we've had an interest rate cut and banks are chasing customers!
Is this a sign that bank are starting to want to lend again?
I got a call today from someone at a bank saying they saw our for sale sign and asking did we want to talk to someone about finance for the development or any other developments we may have planned. Hmm, when I was looking around for finance a year ago, banks were pretty tight with finance and it took ages to get our loan over the line. Now we've had an interest rate cut and banks are chasing customers!
Is this a sign that bank are starting to want to lend again?