by admin | Nov 3, 2017 | Blog, Business, Economy, Finance, How It Works
A house in multiple occupation (HMO) is, in simple terms, a property rented out to at least 3 people who are not from one ‘household’ (a single household with members of the same family), but share facilities like the bathroom and kitchen. It’s sometimes called a `house share’. Gov.UK A HMO is considered small [...]
by admin | Oct 13, 2017 | Blog, Business, Business Notes, Economy, Finance, In Business, Small Business Blog
I’ll hold my hands up – I’ve ‘signed’ Agreements without reading the small print. Foolish? Yes. Have I got caught out? Not thus far (insert grimacing Emoji) I am referring to the myriad of ‘I Agree’ website check-boxes with their enclosed small print the length of a holiday book beach read. Not dissimilar to financial [...]
by admin | Sep 22, 2017 | Blog, Business, Economy, Finance, Miscellaneous
There was no surprise whilst reading, in the latest BoE Agents’ Report, that ‘credit availability for Corporates was generally accommodative’. However, ‘some evidence of increased discrimination in lending decisions in a toughening macroeconomic environment’ had me rubbing my chin, questioningly. Not for the smaller business or individual, but, for the giants of business since 2007, [...]
by admin | Sep 7, 2017 | Business, Economy, Finance, In Business, Management, Small Business Blog
I don’t need to tell anyone that when a back is against a wall, fear levels rise, or, the default response to stress can be reaching out for the first thing that distracts from the surrounding reality. We’ve all experienced fear at some point. Stress is but fear thinly spread. I also don’t need to [...]
by admin | Aug 25, 2017 | Blog, Business, Economy, Finance, How It Works, Small Business Blog
There are still reasonable margins to be had from developing existing property and new building. As always, start with the finances and keep in mind that summer property prices appear not to carry the same winter price tag… but they can sell quicker… Thoroughly check: 1) ‘True’ profit - Whether short, medium or [...]
by admin | Aug 16, 2017 | Blog, Business, Economy, Finance, Miscellaneous
The PRA (Prudential Regulation Authority) has introduced changes for lenders, lending for portfolio landlords with four or more BTL properties, which will add to ‘stress testing’. In situ from 1st October 2017, one of the the main considerations to be assessed is the ability to service future interest rate rises. Generally, products could remain accessible [...]
by admin | Aug 10, 2017 | Blog, Business, Economy, Finance, Financial Markets, In Business, Market Update, News, Small Business Blog
Monetary policy has been left unchanged for another month, meaning Base interest rate remains 0.25% (with a capped QE programme). Inflation was up to 2.9% in April and May but dropped to 2.6% during June. The consensus amongst analysts is that a rate rise is unlikely for the remainder of the year. According to the [...]
by admin | Jul 5, 2017 | Blog, Business, Business Notes, Economy, Finance, Market Update, Small Business Blog
The finance news trundles on, each day offering something new which, for most going about their day, is irrelevant beyond the headline. Excepting when someone decides they’re ready to make their move with a lender, the comings and goings of finance worlds don’t come near the reality check news of un-imagined tragedy. The headlines create [...]
