The property sector is a vital part of the economy, with both domestic and international developers finding the UK an attractive place to invest.
However, the start of 2020 has bought challenges to everyone across the sector. The Coronavirus crisis has stalled many transactions, closed construction sites and seen many landlords facing cash flow problems as a result of the non-payment of first quarter rents.
More than ever before, participants in the industry need to focus on commercial decision making, raising funds efficiently and managing the inherent financial risks in their activities.
Surviving and thriving
We are working with our clients to help them manage the immediate cash-flow issues and access the various Government support schemes, so that they can not only survive the current crisis, but also emerge in a position to succeed.
When the ‘lockdown’ ceases, promised investment in infrastructure, large-scale development projects and the demand for housing in the UK mean that there will be clear opportunities available. And unlike the last recession, raising finance for the right project is not expected to be an issue.
However, structuring deals appropriately and managing all risks will be key to the success of a project, and this is one way that our team can help you.