Investment

U.N. Chief calls for debt relief in West Africa.

The Post COVID investment trip made Antonio Guterres urged debt relief for African countries and more investment to help their economies recover from the COVID-19 pandemic and weather the impacts of the Ukraine war. Supply disruptions due to Russia's invasion of Ukraine have caused simultaneous food, energy and finance crises in Africa and beyond, Guterres said. Public debt ratios in sub-Saharan Africa are at their highest in more than two decades, the IMF said last week. It was called on wealthy countries and pharmaceutical companies to accelerate donations of COVID-19 v

Property Consulting

What is a property developer’s major weapon?

A step up from regenerating houses or pre-existing live - in properties is when  you take a commercial building and convert it into residential. You create more homes than with a flip, but the fundamental principles are the same. The average flip produces profits of just under £50k, whereas a small conversion project is likely to net you between £150k and £500k, depending on its size and location. The budget for commercial flips will also be ten times the size. You can afford to hire a main contractor to take care of the construction rather than a jobbing builder. The 3 b

Investment

How to protect your investment portfolio against inflation.

For you to protect your investment against inflation there are many alternative investment plans. For example, in terms of tangible investments there are gold, art, wine, vintage cars and gemstones. However, these are long term. The reality of the value changing drastically day to day is unlikely and you are looking at small increments. The immediate profit is trading, however, these trades can be scary as there is fear that the markets will crash. This is why businesses and individuals should investigate investment options that have less correlation to the global economy

Property Consulting

House Prices and U.K.’s hotspots are revealed.

Bath has been named the biggest property hotspot across the UK, with increased competition pushing asking prices up by more than 15% over the last year. Across the top ten city hotpots, the average increase in asking prices is 12.6%, outpacing the current national average of 9.9%. Initially, the supply of homes available kept up with some of this surge in demand, steadying asking prices. Now there is a higher demand for places like Bath, Plymouth and Truro which has led to prices increasing majorly. Competition has more than doubled in Exeter over the last year (+110%), th

Investment

Threat of recession for the U.K. – investment will do the trick.

Soaring inflation rates in all sectors is causing a huge decline in customer spending power, due to a decrease in disposable wage. The double blow from slowing post-lockdown growth and rising living costs after Russia’s invasion of Ukraine could result in a fall in gross domestic product (GDP) for two consecutive quarters, which is the definition of a recession. The return to lower rates of activity in the health sector after a winter rush to vaccinate people against Covid-19, as well as households reining in their spending amid the soaring cost of living, are also expecte

Property Consulting

Female property tycoon has sailed through the property slump in China:

The property crackdown in China has meant severe losses for many property tycoons and billions of dollars being removed from them. However, Wu Yajun who is a chair real estate developer for Longfor and now is thought to have a calculated wealth of over $15 billion USD. Despite, her wealth having decreased by almost $3billion USD since 2021, it is still across China the smallest decline. This steadiness is attributed to her 'financial discipline' and management of her resources. Additionally, comments have been made suggesting Longfor would benefit from gaining market share

Property Consulting

Children’s residential care home provider to create jobs with property portfolio expansion:

A children’s residential care home provider has received a £150,000 loan to open new homes and drive recruitment. This latest funding package will support the opening of Prime Nurture Services’ (PNSL) first two homes as part of a plan to establish ten homes over the next three years. The businesses provide accommodation for those aged 8 to 18 years and support with their personal development, health, wellbeing, education, and cultural needs. _______________________ Will this expansion help the children gain their footing?

Investment

Boris Johnson announces new India investment deals as partygate debate continues:

Johnson has set out to propose a platter of investment and export deals for India. He is due to discuss trade and security ties with his counterpart Narendra Modi in India's capital New Delhi on Friday. The deals Mr Johnson announced will be across industries, from software engineering to healthcare, as well as a collaboration on satellite launches. It is claimed they will be worth £1bn to the British economy, promising 11,000 jobs in the UK as a result. The prime minister will also use the visit to push for a post-Brexit free trade deal with India, with a fresh round of n

Investment

Writing off losses on sales of investment:

Selling an investment property at a loss may not be ideal but it may be necessary if you need cash or you simply no longer wish to own the property.  You can write off sales of investment on the property if you understand how deducting capital losses works. When you sell an investment property at a loss, you’ll need to report it on Schedule D of your Form 1040 to claim a deduction. Remember that deductions reduce your taxable income which could mean paying less in taxes or getting back a larger refund. The IRS allows investors to use capital losses to offset capital gains

Property Consulting

Home Guarantee Scheme cap to rise to counter increasing house prices:

The House government scheme allows first time house buyers to save 5% deposit and the government then guarantees 15% to avoid lenders mortgage insurance. Economists have warned that prices are not due to decrease any time soon, so these measures are necessary. These schemes will also help first time buyers get on the market ladder. In the Coalition's budget in March the places available in the scheme were doubled to 50,000, and will stay at that number for three years before being cut to 35,000. This also includes 5,000 places for single parents who can access the scheme w