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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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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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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About Henley Finance

richard butler creagh

Richard Butler Creagh is the founder of Henley Finance. Henley Finance was established in 2013 and is a short-term bridging finance company specializing in loans between three months to a year, of between £100,000 to £1,000,000 for the professional property developer. This approach is borne out when Richard attended a Risk Management Seminar at the Van Tharp Institute in the USA. The learning Richard took from this informs all decisions at Henley Finance, from the core of how the investments are placed to ensure our borrowers have the best exit strategy. Having this insight had also led to the development of some of the company’s own lending products.

The relationship with our client is the key to being able to understand their requirements and deliver our promises. Consistent communication is an element that is present throughout the life of the loan so Henley Finance relies on people who share its values in business, making the process transparent and understandable for everyone involved.

“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

If you are interested in purchasing a property then contact a reputable bridging finance company like Henley Finance. Follow Richard Butler Creagh on Twitter and read the latest Richard Butler Creagh news here.

You can also watch Richard Butler Creagh video here:

 

Buying the Right Investment Property

Richard Butler Creagh is a financial consultant who founded Henley Finance since 2013 which provides short-term bridging finance to the property development sector. Here is Richard Butler Creagh’s advice on your next property investment.

Richard Butler Creagh

You’ve made a windfall and you’re looking to buy an investment property you can turn into a steady source of cash flow in the form of rental income. If you’re ready to become a property owner-cum-landlord, here are three things to remember before you buy your first rental home.

Stick with a budget. Whether you’re looking to invest your personal funds or taking out a property loan, have a budget and stick with it. Success in real estate investment takes time and patience, so don’t rush into a buying spree. Instead, learn more about the trade and make informed decisions.

Research rentals in the neighborhood. You may have decided upon a location simply because someone recommended it or a real estate agent is pushing you to buy there. Tread with caution—your entire business plan could go for a toss if you fall for inflated rental figures. Do your own research, find out the going rentals in the area, and factor in the associated costs of acquiring a property, advertising it to potential tenants, maintaining it until a good tenant comes along, and government taxes and agent fees, if any.

Buy through a reputed local real estate company contact a seasoned and well-established.  house buying company and let them know you’re looking to invest in a home or commercial property that will fetch you good rent and will also see considerable appreciation in the coming years. By partnering with a local real estate business, you’ll benefit from their resources and expertise in scouting your preferred location for a good deal.

Know more about becoming a good investor from Richard Butler Creagh here. Know more about Richard Butler Creagh through his Twitter page here and read Richard Butler Creagh news here.

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