Is this technology safe?

The blockchain as a transaction book with the current technology and computing power of computers cannot be created. It is estimated that a computing power equal to half the Internet is needed to break a blockchain network. However, the introduction of quantum computers will require the implementation of new cryptographic security features according to Forbes. Blockchain transactions in the blockchain are irreversible. Attempting to change one block involves changing the entire blockchain following it. In the event that someone tries to cheat, change or enter an unauthorized transaction, the blockchain nodes in the verification and reconciliation process will discover that one of the copies of the book has a transaction that is incompatible with the records in the network and refuses to include it in the blockchain. Data, transactions and their order are resistant to counterfeiting and all kinds of manipulations. The blockchain philosophy, advanced mathematical methods, and cryptographic security allow us to trust the data contained in the accounting books of the transaction. On the other hand, is the chain because can’t get any point because of nature it works, the entire block needs to be rewritten or scrapped but for this happens this is to be identified. It is difficult to identify it the chain is many many many blocks away.

The financial industry was the first to recognize the potential of blockchain, but also the risk for its status quo that this technology brings. Since 2014, we have seen a huge flood of start-ups, which develop crypt-based technology for block-based currencies. A new industry is emerging, named for finance and technology in the FinTech industry, and in the insurance industry Insurance Tech (or InsurTech). There is a lot going on in the traditional financial industry. In 2015, a consortium of Banks and FinTech was established with the aim of developing blockchains. The consortium for September 2016 included, among others, Citi, Bank of America, Morgan Stanley, Societe Generale, Deutche Bank, HSBC, Barclays, Credit Suisse, Goldman Sachs, JP Morgan, and ING. In July 2016, Citi announced that it had developed its own crypto-currency, which he named Citicoin. FinTech start-up Chain.com received on October 30 million USD co-financing (from Nasdaq, Visa, CapitalOne, Orange and Citigroup) in order to build a solution that will allow you to send various valuable assets in the network (loyalty points, shares, vouchers and various financial instruments).

Learn more about Richard Butler Creagh, the founder of Henley Finance here. Read more about Henley Finance which is a bridging lender company that invests in UK property here.

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What is blockchain?

Blockchain technology is used to store and send information about transactions concluded on the Internet. Those are arranged in the form of consecutive blocks of data. One block contains information about a specified number of transactions, after its saturation with information, another block of data is created, followed by the next block, creating a kind of chain. In the chain, on average, a new block appears every 10 minutes, in which information about various transactions, eg trade, stocks, shares, stocks, sales, purchase of electricity, purchase or sale of currencies, including cryptocurrencies, ie currencies, may be sent.

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The essence of blockchain is to maintain a joint and collective accounting book of transactions, in a digital form, scattered across the entire network, in the same copies. This technology is based on a peer-to-peer network without central computers, management, and transaction verification systems. Every computer in the network can participate in the transfer and authentication of transactions. In the case of blockchains, they will be blocks within the transaction book. The book is open to everyone, but it is fully protected against unauthorized access by complex cryptographic tools. The user can view only their transactions. Thanks to this record, transactions are public, but available only within the access rights for a given user and their entire history, from the very beginning of the existence of the blockchain to this day, you can review and verify.

Currently, blockchain can be used to handle various transactions (trade, currency, stocks, shares, electricity market), but work is underway to use the blockchain, as an accounting book in banking, document authentication system, digital signature in state administration and notarization. All these transactions may take place outside the system functioning for centuries – without the participation of public trust institutions, directly between the parties to the transaction. You can store any type of transaction in blockchain block data blocks. One of the applications are cryptocurrencies, e.g. Bitcoin. While the future of Bitcoin itself is under question, blockchain, as a technology and transaction platform, has found recognition in many industries, including financial, energy or trade.

Essentially cryptocurrencies market has given birth to blockchain and while the markets itself undergoes a slight slowdown, the technology is now used in many banks not only other verification tool but also as a tool to investigate and predict market behavior. A new market has formed where banks offer security services based on the Blockchain technology four example BNP Paribas.

Richard Butler Creagh is the founder of Henley Finance. Find out more about getting the right finance for you on the Henley Finance website here. Follow the Richard Butler Creagh Twitter page for the latest news on bridging finance here. Learn more about the work of Richard Butler Creagh here.

London house prices: is slump coming to an end?

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh helps clients find the right financial packages for their needs. Richard Butler Creagh and his team bring a consultative approach that quickly solves financial challenges. In today’s post, we talk about the slowing price growth of UK property making it harder for speculators to turn a profit.

The number of homes in England and Wales that were bought and sold twice within a year came to 17,120 in 2018 — down 11 percent from the latest peak two years earlier, and 70 percent below the high point of “flipping” in 2004, according to the estate agents.

Speculative homebuying in London almost halved in the past four years, with 1,107 homes flipped last year, as the housing market in the capital — which had led the post-crisis surge in prices — weakened. Of £3.9bn of homes flipped in the UK past year, £600m were in London. Price growth has slowed, and this combined with tax changes has meant that generally, it’s harder for flippers to make as much of a return as before.

The annual rate of house price growth across the UK in 2018 was at its slowest in five years and the slowing trend has continued since, with prices across the UK up 1.4 per cent in the year to April, while in London prices dropped 1.2 per cent.

In 2018, flippers sold homes for an average £30,150 more than they paid — although this figure does not take account of stamp duty, estate agent fees or any renovation costs. According to an online estate agent, buying and selling a home worth about £200,000 can cost as much as £20,000 in total, meaning flippers must choose carefully to ensure a profit.

The latest peak for flipping was in 2016, when some 19,180 homes in England and Wales worth £4.2bn changed hands twice in a year. National house price growth began to slow that year, after coming in at 8.3 per cent in the year to March. But that paled in comparison with the boom of the early 2000s, when 56,560 homes, worth a total of £8.2bn, were flipped as house prices shot up by 20 per cent in 2004.

The capital of rapid buying and selling for the past three years has been Burnley in Lancashire, where more than one in 10 homes that changed hands were flipped in 2018. Burnley has some of the lowest house prices in England. This allows flippers to buy properties worth more than £125,000 that do not incur basic stamp duty, although they may still be liable for the 3 per cent surcharge applied to second and additional homes.

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Richard Butler Creagh is the founder of Henley Finance. With decades of experience and deep knowledge of the financial sector, Richard can help clients find the right financial packages for their needs. See what Richard Butler Creagh can do for you here. Check out Richard Butler Creagh ‘s Pinterest page here for more information you need to succeed financially. Whether debt, mezzanine financing or equity, the Richard Butler Creagh has the resources to help you to keep your business moving forward.

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Richard Butler Creagh: Luxury Goods

Welcome to the Richard Butler Creagh Blog. Richard Butler Creagh provides bridge loan funding for a wide array of commercial and personal requirements.  In today’s post, we talk about the key trends shaping the luxury market. Read on to find out more.

An in-depth knowledge of the culture and realities prevailing in a given country combined with the knowledge of the local language can be a unique asset when thinking about your own business. Nothing prevents me from checking what market niches are in other countries or what popular product in one of them could make a sensation in the other. One thing to consider is that the natives probably know their own market better than you however perhaps not the product.

Richard Butler Creagh

Italian pizza, French cheese, Swiss watches or German chemistry is a clear message for the customer that the offered product is of the highest quality. However, if someone intends to base their business on such a pillar, they should gain knowledge why a particular product is the best from this particular country, learn about traditional methods of its production and culture related to its consumption, use, sale, etc. Each entrepreneur will make it more credible in the eyes of consumers. However, often businesses outside of the well-known location register to be able to have the fame of quality on their side.

Of course, you do not necessarily have to focus on offering products that are synonymous with their place of origin. Because although everyone knows that Italy is the homeland of pizza, there are thousands willing to run a pizzeria, so the competition will be huge in this case. An investment based on the distribution of a traditional commodity for a given country, in the absence of recipients’ knowledge about it, requires more effort in marketing and education, but it also gives the chance to gain a pioneer in the market.

Until recently, yerba mate was known to a few South American lovers and connoisseurs of tea drinks. The brew prepared from the leaves of Paraguay holly has become more popular in European recent years thanks to travel programs. Both journalists, talking about Latin American cultures, repeatedly presented themselves to the viewers with matero and bombilla in hand (a vessel and straw used to consume a drink).

From the KPMG report shows that by 2017 the value of the home luxury clothing market will increase. This means that it will still be the second largest segment of luxury goods in the country, right after luxury and premium cars. This high demand for luxurious goods created diversification within the market for high luxury and low luxury goods. The results of the report also indicate worth emphasizing that the brands of luxury clothing and accessories from Italy and France play the most important role.

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Learn more about Richard Butler Creagh online here. Go to Richard Butler Creagh‘s Facebook page for more news, videos, and the latest top stories in the world of finance, luxury lifestyle and more. Be the first to know about Richard Butler Creagh‘s breaking news and special reports here.

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Real Estate VS Stocks – Which is a Better Investment?

Richard Butler Creagh on Properties vs. Stocks

Welcome to the Richard Butler Creagh blog. Today we’ll talk real estate VS stocks. But before investing in real estate or stocks, you need to know that there is no perfect investment; they both have their advantages and disadvantages. Thus, your preferences and capability to keep up with risks should affect your decision. Read on to find out more.

Based on history, we can conclude that in the long-term investing in the stock market brings at least three times higher rates of return than the real estate market. The added value that such an investment can bring to the portfolio is a weak correlation with the stock market. It is, therefore, a good proposition for large investors, for whom security is just as important as the rate of return. In such cases, adding real estate to the portfolio will significantly smooth out the capital curve. In the long term, however, it will be at the expense of the final rate of return.

Pros and cons of investing in the stock market. The biggest advantage of investing in the stock market is a higher average rate of return on investment. Unfortunately, as usually happens, it is also burdened with higher risk In the case of index investment one should not forget about the simplicity and the fact that we can start our investments from small amounts. The biggest advantage of the stock market is, however, that it includes depreciation in its valuations.

Pros and cons of investing in real estate. In the case of investing in real estate, actually, the only plus is the lower volatility of prices, although it is less liquid because it is more difficult to withdraw from investment, especially physical investment. The downside to investing in real estate is certainly the lower rate of return than on the stock exchange. With such volumes, it is practically senseless to even invest small amounts in real estate market funds, because the management fee will pay us all profits. Therefore, the only alternative is the independent purchase of the real estate, where the downside is the large initial value of the investment.

And here is the argument that we can take an apartment for a loan and rent it, and the tenant will repay part or all of the loan. Of course, for some investments, this kind of strategy may work, just like the stock market can go to buy LPP on debut and stick for many years. On the scale of the entire financial market, such inefficiency on the real estate market may, however, last only for a certain period of time. Long-term assumptions should not be counted on. In the long-term, this effect will be neutralized by growing interest rates or falling rental prices.

The biggest downside of investing in real estate is the fact that depreciation and maintenance costs are not included in the prices. Over the years, the property requires investment in the form of repairs and repairs. In the case of an exchange of this kind, the problem does not exist.

Real estate or stock exchange? Objectively looking at this moment, the capital market seems to be the most attractive place to invest its financial surpluses. Low-interest rates combined with the dividend policy of the growing number of companies means that in the long term it is the only direction that should ensure returns on capital. The only downside is actually the relatively large variability of valuations. In the long term, however, it compensates for a higher rate of return on investment. So when I combine investing in real estate and the stock market, I personally choose the latter solution.

So, real estate vs. stocks – which would you prefer?

Richard Butler Creagh is the founder of Henley Finance. Find out more about getting the right finance for you on the Henley Finance website.

Watch this video to find out more about Richard Butler Creagh and property investment.

 

How to use bridging finance

Richard Butler Creagh On Bridging Finance

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh is a financial consultant providing clients with specialized financial, property and investment guidance. In today’s blog, we’re talking about what bridging finance is. Read on to find out more.

Bridging financing is a great way to provide our company with financial liquidity at a difficult time between the start of an investment and the reimbursement of its costs or obtaining a payment The use of this form of assistance can significantly reduce the risk of company bankruptcy, which is why this form of support is very popular among entrepreneurs.

Bridging financing allows you to maintain financial liquidity in the period between covering the project implementation costs and their reimbursement, allows for patching the budget hole, ensures continuity of investment financing and funds for current expenses of the enterprise. By undertaking this type of commitment, we significantly reduce the risk of losing financial liquidity at the time of large expenditures on selected investments.

Investing in innovation and improving the company’s services is an indispensable task for every entrepreneur. It is in this way that he can provide his brand with a competitive advantage, strengthen its position on the market or gain the trust of customers. Unfortunately, investing almost always means considerable expenses that can undermine a delicate financial balance of the company – at that moment, bridging financing comes to our aid.

Bridging financing is a type of commitment that allows our company to obtain the funds necessary to maintain financial balance. We reach for such a solution especially when we undertake investments that require large financial outlays. Even if the invested funds are to be refunded to us, the process of receiving the necessary money may drag on and thus expose the company to financial difficulties. Bridging financing allows us to avoid this because it ensures financial stability even when large investment costs are incurred. In this way, we can devote additional cash, gained through bridging financing, to current expenses when we spend our own funds on a specific investment goal.

The market offers a wide variety of opportunities to take advantage of bridging support. Most often it takes the form of bridging loans, advances granted from the entity reimbursement of a given investment, bridging loans and loans granted by other entrepreneurs. Choosing the right commitment is a very important issue that can affect the fate of our company. When making decisions, one should take into account the credibility and reliability of the company in which we want to obtain financial support, and then compare its terms with the offers of other lenders. It is also worth considering a few different offers and choosing the one most suitable for the financial situation of our company. The obligation that will help us to keep our financial liquidity in the face of large investment expenditures can be obtained at a bank, in a large enterprise or in a non-bank institution.

Bridging financing and non-bank market.  The non-banking sector more and more often sees its chance in offering not only financial obligations for individual clients but also loans adapted to the needs of entrepreneurs. For consumers, non-bank loans for companies are a great alternative to bank liabilities, mainly due to the limited amount of formalities and accelerated time to obtain access to cash, as well as a competitive price.

The number of non-bank offers is increasing all over the world, targeted at business owners who need financial support. The attitude of entrepreneurs to this type of solutions is also dynamically changing – initially, they approached them with reserve, but nowadays they are more willing to reach for this form of additional financing. Bridging loans are a great alternative for people who have been refused at the bank or lack of funds to complete their investments.

“We make sure our investors are protected so that no one project can affect another. The borrower gets protection on the basis that we don’t take anything on unless it has stood up to our due diligence process and is viable. We are rigorous but in the end everyone benefits. Our aim is to help all sides of the project thrive.” Richard Butler-Creagh, 2017

Richard Butler Creagh established Henley Finance in 2013, a short-term bridging finance company that specializes in loans.  Read more about Richard Butler Creagh on his official website and learn more about Bridging and Commercial app here. Connect with Richard Butler Creagh  Linkedin page here.

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What is Bridging Finance

Richard Butler Creagh Shares about Bridging Loans

 

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh founded Henley Finance in 2013. a short-term bridging finance company that specializes in loans between three months to a year, of £100,000 to £1,000,000 for experts in property development.  Here we explain the basics of bridging finance loans. Read on to find out more.

Richard Butler Creagh

People who take out mortgage loans know the concept of bridging loan or bridging insurance, It is used to secure a liability to the bank or another secured creditor until the mortgage is established on the property. A mortgage loan for a mortgage of a house or flat, or even land. However, before the borrower formally registers a mortgage with the bank in the land registry he secures his interests through bridging insurance. A short term facility securing interest in the property

A bridging loan granted to entrepreneurs has a slightly different dimension. Namely, it is granted in the form of assistance in the implementation of the investment. Its aim is to secure investment and develop the property before it is ready to re-mortgage. Further, in Europe bridging finance is often used to secure European Union subsidies for projects.

The basic purpose of the bridging loan is to enable or facilitate the implementation of investments From the moment the beneficiary incurs the first expenses related to the project implementation until the moment the refund is received, he may use the own funds or just from the bank’s funds as part of the bridge loan. The loan may be granted on a one-off basis or in tranches, up to the amount of the subsidy granted. It helps in maintaining financial liquidity before the project is due and receiving a refund.

How to get a bridge loan? Depending on the lender that offers the bridging loan, other conditions may apply. The loan is usually granted on simplified terms and it is easier to obtain it then, for example, receiving a positive decision from the bank on your investment loan application for the company. As a rule of thumb, the only security for the bridging loan is the assignment of rights under the co-financing agreement with the attached blank promissory note of the borrower and the security vested in form of a mortgage.

When the bridging loan feasible? Bridging finance is one of the more expensive form of financing the project and at the same time, it is the most popular amongst new developers who might struggle with big lenders due to lack of investment history. The concept from the perspective of bridging company is to secure the loan with equity.  If the finance is 70% of the loan amount it should be feasible. However, one thing worth considering is that the interest is paid monthly and often one or two months of none payment will trigger default interest which will eat the equity very quickly. Therefore, it is worth considering the value of the project and rolling up the interest for a period of time. This has to be carefully planned as not only it will increase the initial debt but interest payments thereafter.

Richard Butler Creagh, founder of the Henley Finance offers fast, flexible solutions to your bridging requirements. The Henley Finance team has decades of entrepreneurial experience in the financial and real estate sectors. Read more about Richard Butler Creagh online here. Like  Richard Butler Creagh on our official Twitter page and keep up to date with the latest finance news. Join Richard Butler Creagh professional network on Linked here.

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