Blog

Property Ride Here we go again
10/11/2020

We’re back into lockdown but this time around the property industry will not be required to close, so buyers, sellers and renters will be able to continue moving home. Initially, it was not clear whether agents would be able to keep their physical branches open but it has now been confirmed they can. It remains
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Application deadlines for COVID loan schemes extended
03/11/2020

The government has announced plans to extend the application deadline for loan guarantee schemes – that is, the Bounce Back Loan Scheme, Coronavirus Business Interruption Loan Scheme, and Coronavirus Large Business Interruption Loan Scheme – to the end of January 2021. This will give businesses two extra months to make loan applications, relative to the
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UK Governments small business support packages labelled confusing by 73%
03/11/2020

New research has shown that almost three in four people feel that the government’s business support packages were confusing. Additionally, 85% of respondents said that the measures launched to help businesses combat the impact of the pandemic were still not enough to give them the support they needed. The latest measures, announced last week by
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How does sale and leaseback (Asset Refinance) improve cash flow?
23/10/2020

For many businesses, sale and leaseback can offer a fantastic opportunity to improve cash flow and release the capital needed to reinvest in the business, without disrupting daily routines. The past year has thrown up challenges for businesses that they are unlikely to have faced before, and with the effects of the pandemic ongoing and
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Property Backseat drivers
16/10/2020

With the data now coming thick and fast, the shape of the mini-boom is becoming ever clearer. Under the circumstances, it’s not surprising it’s a little unusual. Traditionally, it’s first time buyers that drive the market, but not this time. This time the market is being driven by buyers of three and four bed houses,
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It’s an interesting thought: is it really possible to characterise an entire profession, one which plays such a crucial role in the performance and strategy of businesses in the UK today?
12/10/2020

A deeper understanding of the characteristics and skills involved in the role of finance director can help CEOs and recruiters when filling those positions, and can also be hugely beneficial to finance directors themselves. It can highlight areas they may want to develop, help them realise their own strengths and give them the opportunity to
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Economic update reveals new schemes to support employment in the UK
05/10/2020

The latest Economic Update Statement from Rishi Sunak today has detailed a new scheme to replace furlough, as well as further funding and cash flow support for UK businesses. Unveiling the latest plans, Mr. Sunak spoke of the importance of creating new opportunities that would translate to viable, secure jobs and allow the economy to
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Chancellor unveils Winter Economy Plan
29/09/2020

Chancellor Rishi Sunak has announced new measures to support the economy following the implementation of further COVID-19 restrictions. The ‘Winter Economy Plan’ replaces the planned Autumn Budget, which has now been delayed until next year. The plan shares the below key measures, the full plan can be found below also. CBILS extension The Chancellor announced
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Loan schemes provide over £50bn, but is it a long term solution?
28/09/2020

Loan schemes put in place at the beginning of the Covid-19 pandemic have seen more than 1.23 million British businesses borrow over £50 bn. The end dates for the loan schemes are getting closer, and business will need to act fast if they are still hoping to secure funding through the Corona virus Business Interruption
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10 ways to make your business more attractive to lenders
24/09/2020

In this uncertain economic climate, many businesses may think that they’re unlikely to be approved for funding outside of the much-publicised government-backed loans. However, other forms of finance are still available, and although some lenders may be more cautious than in previous years, there are some broad steps you can take to improve your chances
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