Business Finance Junction – May 2015

Business Finance Junction – May 2015

The Fixed Rate mortgage hit a record low of 1.09% from the Co-op Bank for those with a 40% deposit. According to the latest building society index, Annual House Price Growth was up, to 5.2%  in April from 5.1% in March, with the average price of a home at £193,048. TSB is to close 17 branches before [...]
Business Finance Junction – April 2015

Business Finance Junction – April 2015

While Banks close on public holiday, notwithstanding those who are involved in traditional bank holiday work which has trains re-routed and motorways down to one lane, Easter is a time when many Independent businesses are able to capitalise on the public being away from the day job. Similar to other occasions such as Mother’s and [...]
Business Finance Junction – March 2015

Business Finance Junction – March 2015

First Time Buyers deposits in the UK have increased by 15% in a year to average of almost £30,000, which, according to analysis,  has been driven by lower stamp duty bills. Consequentially, purchase prices for first time buyers have climbed to a new record, showing an average of £160,304, with Londoners putting down an on-average [...]
Business Finance Junction – February 2015

Business Finance Junction – February 2015

Kung Hei Fat Choy! With its meaning of good things, the year of the goat/sheep, is upon us. Apparently, the tax system is costing businesses up to £10Bn in hidden costs each year, with SME’s bearing the brunt.  Research from the Association of Accounting Technicians of 500 businesses found SMEs spending around £9.9Bn compared to [...]
Business Finance Junction – December 2014

Business Finance Junction – December 2014

The Bank of England stress test results on the British banking system are being issued December 16, alongside its half-yearly financial stability report. The tests focus on the housing market and the Bank’s ‘adverse scenario’ which has a correction factored in. Tenancy checks for private landlords in the West Midlands are liable for a ‘Civil [...]
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