UnderBanks

Friday Feeling - Reflecting on this week, the Autumn Budget has brought significant changes to the financial landscape. Since Wednesday, we've seen lenders retracting their 5-year fixed rate options and increasing arrangement fees on certain semi-commercial and commercial products. This shift marks a rise in costs for property owners, adding a layer of complexity and concern. As we navigate these turbulent waters, business owners are feeling the impact. Despite the challenges, I believe in the resilience of the UK. Our strength is poised to emerge, even amidst the uncertainty. Lets not forget this started in March 2020! we are finally on the road to recovery, although the tax implications are bleak, the inherited hole is very real and can not be ignored any longer! #autumnbudget #property #taxes #taxman #taxinvestment #taxportfolio #taxnation #buytolet #spv #turbulentwaters #turbulentbusiness #turbulenttimes #covid #effectsofcovid #governmentfailing

The UK Autumn Budget 2024, delivered by Chancellor Rachel Reeves at 12:30pm Today, expects to highlights several key areas with significant implications for businesses and individuals. Key takeaways include anticipated announcements on corporate taxes, investment support, and changes in personal taxes. One central focus of the Budget is a proposed corporate tax roadmap designed to encourage business investment and provide long-term stability. This roadmap is likely to include measures that cap the corporation tax rate at 25%, aligned with Labour’s pledge, alongside some potential tax relief for small and medium-sized businesses to spur growth. This approach suggests a targeted approach to boost business confidence without broad tax cuts due to fiscal constraints for individuals, there may be updates on National Insurance (NI) contributions and potentially adjustments aimed at easing the impact of inflation on household budgets. While not a guarantee, adjustments in tax thresholds and potential credits could help offset some financial pressures amid rising living costs and the Black Hole left from the previous government. Further announcements are expected on infrastructure spending, housing, and social care, each with potential economic growth and quality-of-life benefits across the UK. These measures may offer additional support for various sectors, aiming to balance fiscal responsibility with strategic investments. #autumnbudget #property #investment #invest #taxes #mortgage #costofliving #blackhole #finance #financialawareness

Friday Highlight - This week, interest rates have remained stable, with only minor fluctuations. Businesses and homeowners continue to show caution in spending habits as the autumn budget looms on the horizon. The financial landscape feels uncertain, with market fluctuations and fiscal policies keeping the economy delicately balanced. The wobble is steady, but the anticipation of what's next is building. Hold onto your hats—30th October is just around the corner. It does feel we have been on a BUDGET for a while. #autumnbuget #budget #homeowner #businessowner #tax #landlordtax #capitagainstax #interestrates #mortgagerates #mortgage #commercialproperty #commercialfinance #propertyfinance #blackhole #debt #ukdebt

Bridge the Build: But What's your exit? Will could retain and rent for steady income (the retirement plan), or sell and go again? Whether building a rental portfolio or flipping properties for repeated profits, your exit strategy defines the path. #selfbuild #development #exitfinance #propertydevelopment #bridging #bridgingfinance #mortgage #property #propertyhouse

Monday Mindset - Build your team - Success is never a solo journey. Building a strong team means fostering trust, collaboration, and shared goals. Every individual's unique talents contribute to the bigger picture, and together, we can achieve extraordinary things. Let's continue to support and uplift one another. #Teamwork #Collaboration #StrongerTogether #Property #Mortgage #Buytolet

Speak to a normal person who knows property and finance, it can be challenging to reach out rather than just stumble. If you are looking for financial guidance, fear not Underbanks is here to help. Supporting the individual, business owner, entrepreneur on your way. #entrepreneur #investor #money #funding #capital #growth #leverage #smallbusiness #largebusiness #develper #knowyourbroker #takeadvice

What is development funding? Ground up or renovation, commercial or residential development funding is used for you to grow, 1-100+ houses, speak to Underbanks to see if your project has legs. #developmentfunding #development #housingdevelopment #commercialdevelopment #propertygrowth #portfoliolandlord #investormindeset #bricks #propertybug #bestadvice #fundingbroker #brokerage #broker

Acting on your behalf, working with you and supporting your funding need. you could be a Trading Business OR Investor who just wants growth, Underbanks can help. #unsecuredlending #securedlending #businessloan #portfoliolandlord #buytolet #money #businessgrowth #leverage #adverse #specialistlending #specialistadvise #brokerage #investorworld #property

Why BRIDGE IT? Bridging and development finance are the most expensive yet most lucrative, its mindset over maturing your asset. It is a minefield the lenders are Hungry, finding the best one can be hard. What's your need, What's your exit, speak with a specialist broker, we can really support your portfolio growth. #bridgeit #bridgingfinance #propertygrowth #portfoliolandlords #increasevalue #plan #propertyinvestor #usetheirmoney

DID YOU KNOW, having a trusted broker will assist your portfolio growth, knowledge and potential loan amount, as a brokerage we have direct access to funders, their systems and processes. We can negotiate on your behalf, funding funding solutions at every turn. Give us a call www.underbanks.co.uk #developersmarket #moremoneyforgrowth #portfoliofunding #advice #funding #professionalteam #lendingoptions #bestadvice