Richard Butler Creagh on cheap apartments in the UK

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. The other extremes, when it comes to England, there is the North East region with an average price of £130,000 and price increases of just 9% in the last 5 years. A recent national survey showed that it is a region with the least interest of immigrants - they rarely decide to live there and stay there for a relatively short time. It is also the least populated region. We can find the cheapest objects in Welsh Blaenau Gwent - real estate there cost on average less than £82,000

The primary and secondary market in the UK. On the British market, of course, buildings from the secondary market dominate. As for the types of buildings, usually the cheapest way to live on your own is in the UK a terraced house, it costs about £183,000. A flat in the block is slightly more expensive than £203,000 and one part of a semi-detached house, £211,000 The biggest investment is a detached house, on average it costs as much as £341,000 thousand. pounds.

People looking for affordable accommodation in England should pay special attention to housing prices in Burnley and Hartlepool. On average, they are slightly below £60,000. the UK only Welsh apartments are cheapest.

Renting and flipping in the UK. Most of us do not have such a high amount to be able to buy real estate immediately.  For those who are just taking their first steps, renting is a good option. This will enable to build a financial portfolio and financial cash flow in the business. The most important aspect of the property business is to build financial stability and cash flow. This later enables us to get mortgage finance with sufficient financial stability.

Later flipping properties became easy to keep the business going through the renting cashflow. This is important s from buying through to renovating to selling can take a lot of time and therefore keeping the properties afloat is important.

You can see the availability of apartments depending on the size of funds. An important aspect to start with is choice of the locations the least expensive properties can be tempting but often this is for a reason and one might struggle to create a sufficient cashflow with renting due to demand. The more expensive locations are often safer from the perspective of guaranteed demand. Essentially you get what you pay for.

Richard Butler Creagh Shares Bridging Finance Market Trends

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. The bridging finance market has been relatively stable in the past year. The majority of the security is where our first charge which suggests that the more borrowers preferred to have a speedy transaction when securing the investment securing the entire project what a bridging finance lender. Often this type of finance provided has a depth of experience when it comes to property developments and this is another aspect of the bridging finance which gives it a cooperative edge over their competitors in the mainstream market. Often borrowers who come to Henley Finance appreciate the expertise and the market knowledge the team offers just in case this is needed.

Generally, the market does unregulated Bridging Finance which essentially is for the purposes of so-called flips, buying-renovating-selling. However, there are other means in which this type of financing used and those are auction houses, general business purposes secured against property, refurbishment, refinancing of another bridging loan and interestingly mortgage delays. The ultimate aim of any investment is to get value added to the property or business proposal for the purpose of obtaining profit. However, in some unfortunate scenarios where the mainstream lender does not live up to the expectations and delay any refinancing, the bridging finance comes to help. With the changes in law and more enhanced due diligence checks often there is more red-tape than expected which causes delays.

Perhaps the most interesting aspect of market trends was the average completion for a bridging finance application was just over a month. This is significantly lower than an average application for a bank which can take several months. This no doubt creates an excessive market for bridging finance. Henley Finance in an even smaller niche, where are often able to do valuation within 24h and a drawdown shortly after. This unique approach which is personalized manner enables us to be the market leader.

With the uncertain Brexit times and more changes happening the UK government one might think that bridging finance market will suffer yet it is quite the opposite. With the increasing uncertainty, the Banks are more difficult to finance with and therefore the bridging finance takes over the market share of financing business where time is important but not urgent. Often entrepreneurs will make a decision to go with more expensive financing which will be available quicker because of opportunity cost and cost associated with lack of funding etc.

Find out more about Henley Finance on the Richard Butler Creagh website here. Like the Richard Butler Creagh facebook page here for his latest news and updates in bridging finance.

 Richard Butler Creagh on Business Loans

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. Richard Butler Creagh's is financing process is laser-focused on the asset. All else is secondary. Because the only thing that matters is your property. In today's post, we talk about the types funding to finance your growing business. Read on to find out more.

The recent statistics show that over $4billion of loans have defaulted. This has a significant impact on the lending business as it increases the risk when borrowing money and consequent increases the cost for borrowing money which not only impacts the individuals but also the economy due to increased cost. Today organic growth for the business is almost unheard of on a medium and large scale. In fact, a study has shown that a healthy business has approx. 60 % on finance to get optimal growth.

As they say, There is no business without cash to open it. Smaller or larger. The idea itself is not enough!   It is a challenge for young entrepreneurs to get financial resources to start a business. The vast majority of cases, opening a business with no financial outlay is simply impossible. Fortunately, in recent years there have been many opportunities on the market to take out a loan to start a business in the UK. The situation is even simpler if we take care of a good business plan and we want to create new jobs. The property market, however, has an exception where has to be sufficient security in the project.

 A loan from a bank in the UK. The most important element that decides about obtaining a loan to start a business in the UK is credit history. This is what the banks take into account when assessing our creditworthiness. This assessment determines the credibility as a borrower and is to be a confirmation for the bank that we are able to repay the loan. It is developed in a credit score system, and the number of points we get translates into the amount of the loan that we can apply for. The same works for business and in many cases if there are not securities even for a limited company the bank will require a personal guarantee, which defeats the object of having a limited liability company in the first place.

Loans for start-ups. Another way to get a loan to start a business in the UK is to take out a bank loan intended only for start-ups. Usually, these are loans for relatively low amounts (from several to several dozen thousand) with a short loan term. On the British market today we find only a few banks that have an offer of loans for beginner entrepreneurs, but each year there are such offers. Banks are afraid of a fairly high risk of insolvency, which is why they are still more willing to lend money to enterprises that are already operating on the market. We must remember that the banks

Business grants. A grant is an amount that finances a specific project or business goal. They are usually non-returnable and can be paid from many sources, such as the UK government, non-governmental organizations, Business Enterprise, etc. Grants can be associated with a specific activity, business sector or geographical location of our company. This is the case for grants paid by the UK government. Such co-financing may cover up to 60% of the amount provided for in the investment.


Richard Butler Creagh helps you with your business loans, it's easier than you think. The reason most small business owners don't get financing is that they're looking in the wrong places. Learn more about Richard Butler Creagh here and how he can help you get the capital you need here. Browse  Richard Butler Creagh's complete collection of business, financial news, property tips and more on the Richard Butler Creagh's Pinterest page here. You can also follow Richard Butler Creagh's Facebook page here.

Richard Butler Creagh on London House Prices

Welcome to the Richard Butler Creagh blog. Here we share with you why house prices in London are falling. Richard started his career in the building industry. After a very triumphant career in property development, Richard understood the needs of fellow professionals and requirements in short-term bridging finance and formulated a way that they could be better met through Henley Finance. Read on to find out more.

Many property investors and homeowners wonder if they should accept offers that appear on the weakening market or whether they can wait out price drops, counting on being temporary. For most of the last four decades, waiting was a good strategy. The houses of prices in the UK were on the rise. However, it is not known whether Brexit and gradual withdrawal of easy money policy in the world will not make the current stagnation turn into something worse.

Richard Butler Creagh Explains European Bridging Finance  

Welcome to the Richard Butler property blog. Here we share with you information why bridging finance is an important part of the property and business development in general. Richard Butler Creagh is a financial consultant who founded Henley Finance in 2013. In today’s blog, you’ll discover more about bridging finance loans.

Richard Butler Creagh on Commercial Property Loan

Welcome to Richard Butler Creagh Blog. Richard Butler Creagh is a property and Finance Consultant. Read on to find out more information about commercial property loan, which can help you build your business infrastructure.

If you are a self-employed whether it be a Lawyer, Doctor or Businessman you need a proper workplace where you can work with a peace of mind and an environment which gives you inner motivation towards your work. To purchase such a commercial property it is a bit difficult as the price of such property is comparatively higher than a residential property and people generally opt for business loans to fulfill this need. However, to overcome such a problem - a commercial property loan will help you own a workplace of your choice so that you can take a step closer to your business goals.

What is a Commercial Property Loan?  It is basically financing a fixed property used exclusively by a borrower to purchase a property for the commercial use. A borrower can take the loan and then provide it for rent as well. This includes property for office and general commercial accommodation.

Commercial Property Loan can be availed for the following purposes:

Richard Butler Creagh on Brexit house prices.

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh has been in the bridging lending business for many years. Much has been written about the impact of the UK’s housing market that leaving the EU without a deal could send house prices tumbling by a third. Some regions have boomed, while foreign investors continue to keep faith in the UK.  In today’s blog, we bring you the insider’s guide to what experts from the estate agents think will happen over the coming months.