logo blog immediatebankclaims

Admin Office#

01212383547

Mobile#

07918331326

Location

7th Floor, 190 High Holborn, London    WC1V 7BH

Follow Us

Welcome to Blogs of Immediate Bank Claims

I think the major challenge is going to be if you’ve got a position where you highly, somewhat highly geared or middle geared, then you can’t really change that position and you may not be able to change it quick enough. So I would say some of the fundamental words or key words that come to mind is if you are highly geared, then you need to reduce your debt down either by selling or refinancing or restructuring.

So those are the things that come to mind straight away. If you’re not doing those type of things or not considering them because you’re looking at this 0.1 as maybe like just a gesture or reading into anything by it, then you could be putting yourself at risk. Okay.

What about the impact it will have on lending? Do you see lending, commercial lending, general lending, is that going to go up? Are you going to have more business? What’s going to happen with lending?

Well, lending. I mean, there’s lots of cheap money out there at the moment, but as soon as interest rates go up, then the cheap money is not going to be around anymore because people are going to want to lend it out that easily. And if you haven’t got the credentials or the financial strength to be borrowing that type of money, then it’s only going to go to the people that have got the track record and the capability of almost putting their life down to say that they’re going to be able to pay the money back.

But if you haven’t got those sort of credentials and you’re seen as high risk, then you’re not and you’re seen as high risk, then you’re not going to be able to get any money. Simple as that. Simple facts. The things here is going to be anybody that’s in the middle position, you need to get yourself in a position where you are in a zero risk game, where you’re not opening yourself up to any potential threats from anything that happens in the market.

You may need to exit certain markets where your debt lending is quite high lending and maybe move into other arrears with the equity that you’ve got or the cash that you release to reduce your exposure or actually just hold the cash ready for timing in the market for you to be restructuring and reinvesting into a new marketplace, which is fundamentally is what’s happening around us at the moment.

Right. Okay. So I mean, you’re in the city of London, the main movers and shakers make their decision. What’s your informant say about what’s going to happen next year, what’s it going to really be about? What’s a year going to be really about? Is it about technology? Is it about shift of business that takes working? What’s the main thing that will be next year? What they got on the card?

Well, I think the government pumped a lot of money into the economy to keep it afloat and almost given a lot of free money away. And that money is now being spent by people semi recklessly in some ways because they’ve got easy money. And what’s going to happen is that the government actually needs that money back to keep itself afloat and there’s only so much money they can pump out.

So the government may not have a choice but to basically be forced to create a situation where it makes it less impossible for many people to survive potential crash or a dip in the market in the next three to six months. So be wary and be looking to take cash out because there’s a huge sort of artificial pump up of prices. In some ways, London actually, because of covid 19 hasn’t actually gone up that much compared to the rest of the country.

The benefiting London probably won’t suffer as badly maybe as the rest of the country or the many cities around the United Kingdom which have at least something like 12% plus rise in property prices in the last year or so in terms of the house price index. Okay. And the impact that may have on manufacturing hope or is it now a feeling of sort of uncertainty or discontent?

What’s the feeling amongst the moves and the shakers in the square mile to ask anybody I’ve spoken to that’s fairly cash rich. I think they’re usually quite true business people, so they’re always ahead of the curve. Anyway, they’re probably not the type of people to go by because they are ahead of the curb.

So anybody that’s actually quite savvy is a couple of years ahead of what’s happening in the economy because if they know a crash is coming, what they’ve already done is they’ve cashed out a lot of their businesses a couple of years ago taking their money out. And what they’re doing is they’re actually not investing. They’re only buying companies and organizations which are sort of a session proof.

What they’re doing is they’re buying companies also with an existing turnover and then helping them to grow in maybe sectors which are recession proof. So food is always how does that run through for property related businesses and something of your own interest? How are you looking at acquiring other companies or businesses?