Real estate businesses are facing a LIBOR crunch, with over half of property businesses with borrowing yet to speak to lenders about alternative interest rate benchmarks, finds research from the law firm Collyer Bristow. Collyer Bristow surveyed 60 real estate business in the UK and found: 70% are aware that LIBOR is being phased out. […]
A family-owned property business has positioned itself to help its worst affected business centre tenants while they deal with the coronavirus crisis, thanks to new financial support from Bank of Scotland. Jute Properties purchased the Dundee One office block in 2017 and has subsequently developed the building to create a mix of fully furnished offices, […]
LendInvest, the UK’s leading platform for property finance, has updated its product catalogue in response to recent market turbulence, and confirms that it intends to continue lending. LendInvest has limited bridging loan LTVs to 70% for residential property and 60% for commercial property. For buy-to-let (BTL), LendInvest has limited LTVs to 70% and will lend […]
In less than a month, the property market disruption caused by the Covid-19 pandemic has reached almost every corner of the globe. Occupiers, dramatically adjusting their behaviour to new ways of living and working have altered market fundamentals. Investors have paused to take stock of conditions and deal volumes have fallen. Not all sectors and […]
The Royal Institution of Chartered Surveyors (RICS) and the International Facility Management Association (IFMA) collaboration is to throw its weight behind an emergency initiative by Leesman, building a global pan-industry response group to the threat posed to the real estate and facilities management industries by Covid-19. New research from global data suggests that facilities and […]
In case you weren’t able to join our webinar yesterday on what COVID-19 means for the UK Property Market we have provided the webinar recording and presentation slides below. If you have any questions on what coronavirus means for the property market or any other business enquires, please don’t hesitate to get in touch with […]
In order to see your business flourish – you need to have the right people behind you. You can’t do everything on your own, so you need to be confident that you can leave certain tasks in capable hands of senior management. There are lots of things to think about when seeking top talent – […]
Specialist commercial finance broker, Christie Finance, has supported the management buyout of Auckland Care Limited, a specialist, Hampshire based care provider with a proven track record of offering an impeccable standard of specialised support and care for individuals with learning difficulties and mental health needs. Auckland Care Limited was first established as a residential care […]
29/01/2021
Edition 290 – January/February 2021
It’s the economy By Business Money group editor Robert Lefroy The Long Haul 2...
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