You don't need me to tell you that recent years in the commercial finance sector have been marked by a series of global events that have significantly impacted the market.

As commercial finance brokers, we have all observed these changes closely, and I am sure that like me, you too have noted how they've influenced both lender and borrower behaviours and the cost of funds - the fundamental product of our industry.

In recent times, the property development industry and financial markets in the United Kingdom have been characterised by uncertainties and volatility. However, the recent announcement of unchanged interest rates brings a glimmer of hope and a potential sign of stability in these sectors. In this article, we'll explore the positives and negatives of this development and its potential impact on property development and financial backers in the UK.