Bridging Finance

Solicitors

Choosing the right solicitor for your transactions is vital. This is true for a house purchase, buying a leasehold pub business or writing your will. The piece of legal work you want to do may seem simple enough but there may be any number of complications which need to be sorted out before you can proceed.

Deal of the month

So the Bank of England think that the rising number of self-employed people may slow down growth in the Economy. They are probably right, but for reasons which the Bank and the financial regulators have created.

Can there be life without Twitter?

Don’t you find it a little bit wearing to be bombarded with invitations to join someone on Twitter, find them on Facebook or join one of the myriad of social networking sites?

“Slow you down” – Mark Carney’s Norfolk origins?

One of the delightful eccentricities of rural Norfolk is the occasional road sign “slow you down”. I suspect the Bank of England Governor, Mark Carney, may well have Norfolk origins since this is his maxim for our property market.

Whoops! I’ve done it again

After the season of merriment and good cheer comes settling bills for credit cards, HMRC and accountants. Quite a few owner managed businesses do not set aside sufficient money to pay their January tax bill and suddenly need money in a hurry. With HMRC not being so obliging with delayed payments these days, short term finance will be needed more often.

Tip of the Month: Auction Finance

Organise your business finance in Derby and Derbyshire before you go to auction and if there’s any doubt that your source will deliver, come to me first!

“Bridging finance is expensive” – Is it really?

Of course, short term lenders charge a higher rate of interest than long term lenders and when you add their (normal) fees, valuation fee, legal costs etc, the cost of short term money over that period looks high.