We offer both Business Finance and Personal Finance options to help fund the cost of your new building.
A Hire Purchase Agreement is now, following the changes in the 2008 budget 100% tax deductable in year one. This follows the introduction of the new Annual Investment Allowance of £50,000 for businesses, which means that each year businesses can offset their first £50,000 against tax.
As the name suggests, a Lease Purchase Agreement means you can actually retain the building at the end of the lease period and acquire full ownership. If you are self employed or run your own business then leasing makes good financial sense because it will help accelerate the return on investment, preserve working capital and is highly tax efficient.
The Personal Finance option is for purchases financed by an individual rather than a business. There are no fees or deposit to pay, and annual rates start from just 5.6%. The finance is not tied to your property so it’s a cost effective alternative to re-mortgaging or using savings.
For more information and a full finance quotation, call us NOW on free phone 0800 043 4821.
* Finance calculator based on Personal Finance option showing approximate monthly payments
