Read the latest industry news, find practical advice on how to grow your business and smart tips to save for the future, all here on the OakNorth blog.
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All businesses are looking for the best talent to help achieve their goals. But when you have employees with an entrepreneurial mindset, youβll find that it’s not only a case of getting the work done, but also going on to achieve even bigger and better things for your customers. We often joke that our founders […]
The average saver might not be aware of what a notice account is, or if they do, they may think theyβre too restrictive. But used in the right way, they can be a great tool for keeping your money safe while still able to be accessed in a straightforward way. If youβre looking for an […]
Our Head of Debt Finance, Ben Barbanel, discusses the housing crisis and the important role lenders such as OakNorth Bank can play in helping to address it. Since OakNorth Bank launched in September 2015, we have lent over Β£7.5B pounds to businesses across the UK and across a variety of sectors, directly contributing to the […]
The property market moves fast β especially when it comes to residential investments. Despite the precarious economic climate and rising inflation, house prices havenβt plummetedβ―β and arenβt currently showing any signs of doing so just yet. In fact, despite rising inflation, the UK rental market expects to see rising demand according to research from Handelsbanken. […]
When starting out as an entrepreneur, the only thing thatβs guaranteed, no matter what your level of business acumen, is that you are about to embark on a never-ending learning curve.Β Youβll encounter challenges and lessons at every step of the way. In my experience, one of the key components to successfully navigating the journey […]
We all know that care is a people intensive sector and staffing is widely considered to be the biggest challenge facing the sector right now. According to a report from Skills for Care, Englandβs social care workforce will need to increase by 490,000 (29%) by 2035 to about 2.16 million jobs, to deal with the […]
There are many bankers and many chartered surveyors, but very few are both. Our Director of Debt Finance Greg Manson has recently qualified as a Member of the Royal Institute of Chartered Surveyors, and he shared with us how having the knowledge of both industries gives him an edge when making lending decisions.Β Iβve been […]
OakNorth Bank has lent several hundred million pounds to the senior living and elderly care sector since its launch in September 2015, and one of the things we often get asked about is what criteria we look for when determining whether to lend. One of these is the Care Quality Commission (CQC) ratings of the […]