The Department for Business & Trade is consulting on major changes to retentions in construction. The consultation runs until 23 October 2025. This is a once-in-a-generation opportunity to secure fair treatment for contractors and subcontractors. The consultation proposes two options for retentions: The Scale of the Problem Over £4.5 billion is withheld in retentions across […]
Starting on your first property development project is an exciting prospect, but it comes with its fair share of challenges, particularly when it comes to securing funding. The process of securing finance for your development is a crucial stepping stone on your journey. It requires thorough preparation, meticulous due diligence, and strategic financial planning to […]
How to Build a Results-Focused Investment Portfolio to Attract Finance First and foremost, the usual reason we create any portfolio is to get funding for that next property project. The task however can seem daunting when starting from scratch. In my time designing investment portfolios, I’ve noticed people in property really appreciate guidelines around: A: […]
As accountants, we get asked about this topic a lot – and there are some key things to consider. The recent events (July 2023) of Nigel Farage being closed by Coutts and Reverend Richard Fothergill being closed by Yorkshire Building Society have highlighted this issue even more! Personally, I have had one international bank close […]