Richard Butler Creagh Tips to Car Investment

Welcome to the Richard Butler Creagh blog. Richard Butler Creagh specialized in working for developers, auto loans and refurbishing properties to prepare them for the market. Here we share car tips that are extremely helpful for financing vehicle purchases. Read on to find out more.

The electric car revolution is changing the scenery when it comes to purchasing a car. The new emissions zone in London makes electric cars more appealing. Is the investment in a car, also classic, a good idea in such a situation? Many of old classic cars especially those who are limited edition have been rising in value. Similarly, new limited edition cars are rising in value the minute they are launched. Therefore, is worth looking at vehicles as a means of investment.

As with any investments knowledge and expertise is everything. It is difficult to say which vehicle will rise in value. You always have to consider the case individually because each car is different. Surely, you can not accept that it is only because of the fact that the car is old, it is also worth a lot at once. This is one of the most often mistakes made by investors. If you want to determine the value of a car, you need to consider a million factors: the history of the car, the history of the vehicle, how many pieces were produced, what was the car, which company, who it was produced for, and later the degree of originality, the degree of restoration.

Being passionate is a big factor when looking at investing. Many people in this business do not look at this type of “work”, it is more of a type of hobby, an expensive one. Each car is different and has completely different characteristics. It is impossible to compare t Rolls Royce to a Miata. They have completely different characters, but each one is somehow special.

Investing in classic cars one of the best ways, instead of a few stones in the safe, you can ride this car when the weather is beautiful and in this way, you can experience something completely different. It’s like moving to an era of the past.

Prices of cars from an investment perspective differ. In this business, you have to have money to make money. The entrance to this market requires significant capital.  You always have to consider the case individually because each car is different. Surely, you can not accept that it is only because of the fact that the car is old, it is also worth a lot at once. This is one of the most often mistakes made by investors. If you want to determine the value of a car, you need to consider a million factors: the history of the car, the history of the vehicle, how many pieces were produced, what was the car, which company, who it was produced for, and later the degree of originality, the degree of restoration.

Richard Butler Creagh is highly familiar with the financial market and can help tailor an investment approach designed to benefit from this opportunity. To ensure that your next purchase is the best investment available, read more about the Richard Butler Creagh on his official website here. Check out Henley Finance and it services here. Read about Richard Butler Creagh work and career here.

Richard Butler Creagh Tips in Property Investment

Welcome to the Richard Butler Creagh property blog.  Here we share golden tips to consider before taking the plunge into property investment. Richard Butler Creagh is the founder of Henley Finance which was established in 2013 and it 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. Read on to find more tips before buying that first rental property.

As a property investor it is important to decide on whether to invest time to build houses or flats. In recent years the market in London has changed. There is more demand for flats than houses in London and in fact, is often harder to sell a residential house than a flat. There is a misconception that flats on long leases are to be handed over to after it expires, yet years spent in industry has shown that it is extremely easy to renew the lease with the landlord. Thus, theoretically, the temporary purchase can be permanent in practice.

In densely populated areas flats are more economically viable options. Often old houses which predominately are large have been converted to flats due to profitability associated with it. Large houses are popular among investors due to the ability of conversion into flats. Conversion of a 5 bedroom house into 2/3 flats often yields a substantial return on the investment. This is the main reason why some of the houses become expensive and also in limited quantities.

The sociological factors of changing today’s society are the main cause of the change in housing habits. Houses today are not passed from one generation to the next. Those are more like accommodation for the family which changes on a remortgage. Further, only one or two generations live together i.e. parents and their children. Big houses are not needed to accommodate today’s average family and flats are better suited for this purpose.

The cheaper prices when buying flats mean that the potential investor can build the portfolio quicker. However, the financial instruments tend to require a lower Loan to Value (LTV) due to complications with the types of flats. The leasehold creates time constraints, especially if a mortgage will be 25 years. The LTV will be calculated by deducting the length of the mortgage from the leasehold.

Another limitation of flats is that the flats subject to the consent of the freeholder. This can prolong any work that needs to be carried out and create unnecessary hurdles for investment. Further, issues arise when the flats are part of a large block of flats the neighbors disapprove of the works. Houses enable freedom of investment and most importantly it is one of cost without having to increase the lease before it runs out at a significant cost.

Ultimately an investor is going to look at the yield compared with the investment. The cheaper flats are often attractive to new investors because of the low entry level however an inexperienced investor may fall into may legal traps. There is no perfect answer, however, it is good practice to consider the area and the potential mortgage costs as it may differ from leasehold to freehold.

Richard Butler Creagh is a financial consultant and founded Henley Finance in 2013. After a successful career in property development, he understood the needs of the professional and their requirements in short-term bridging finance and devised a way that they could be better met in Henley Finance. Find out more about property financing on the Richard Butler Creagh official website. Follow Richard Butler Creagh on his official Twitter page here and read Richard Butler Creagh news and updates here.

 Richard Butler Creagh Talks about the market challenges facing property developers heading into 2019.

This year has been difficult for many developers. From falling GDVs to the shadow cast by a looming Brexit, 2018 has not been without its challenges. This 2019, I wanted to share my insight into the often-overwhelming pressure on SME housebuilders and the market challenges that 2019 presents.
The main challenges

Land values
Finding the right opportunities at the right value has been one of the biggest themes of the year. Landowners simply haven’t aligned their expectations with falling GDVs. The result has been narrowing profit margins that have meant some developments are impossible to do and increased competition for sites where the numbers do stack up.

Richard Butler Creagh on Building Social Value in Development Projects

Welcome to the Richard Butler Creagh blog. Richard Butler-Creagh owns Henley Finance which is a short-term bridging finance company specializing in loans for the professional property developer. Here is the reason why social value should be the heart of your development projects.

A sustainable economy is a key goal for the UK. The government has developed a clean growth strategy, which means boosting national income while also cutting greenhouse gases.

This year they have set regulatory changes at property investors. The government believes they are creating a good playing field between homeowners and landlords by putting up taxes and hiking up legislative loads on property investors. This move can have large detrimental effects on the supply of rental housings in the UK. Richard Butler Creagh and other property investors are widely aware that property still offers significantly higher returns than other investment choices which means many are still nurturing their portfolios while others can join the property market for the first time.

If you are a property investor, here are two major upcoming rental rules that you must prepare for:

Letting agent fee ban

 The “Tenants’ Fees Bill” is expected to be laid out before the end of this year, explaining which fees will not be allowed. It is widely known by many in the industry that landlords may instead incur these fees, as letting agents look at some other ways to make their money. Landlords may now discard their letting agents together and decide to manage their properties alone. While this works for some of those who can manage their lettings business full-time, others may not have sufficient time to comply with their duties as a landlord. But it will be the tenants that will bear the brunt of this changes in one way or the other despite it being enforced to protect them from higher rates.

Tenancy deposit cap

Most of the property investors and landlords take deposits from tenants at the start of a tenancy. This is to cover any costs for loss and damage to the property while the tenants are living in their properties. In another attempt to prevent tenants from incurring large expenses when they move to rental properties, the government has proposed a cap on security deposits. Having this law means that landlords will only be able to take up one month rent as a security deposit from the tenants when they move in. This may seem good news to tenants but it can result in many finding it more difficult to find a suitable rental property. A good example is landlords often require a more expensive deposit from risky tenants like those with pets and families with children. If they are not allowed to do this, they may decide to not let those tenants rent their properties at all.

Being aware of these incoming changes to rental rules is important for property investors in today’s market. A good property investor must understand the changes identified above and put certain measures in place to start preparing them sooner to avoid being caught. If you need a loan to purchase a buy-to-let property, contact Henley Finance. Visit the official website of Richard Butler Creagh here. Follow the Richard Butler Creagh Twitter page for the latest news on bridging finance and watch this video to find out more.

Richard Butler Creagh on Commercial Property Investment 

Welcome to the Richard Butler Creagh blog. Commercial investment in central London has seen its most powerful trading in almost a decade, per Savills. The real estate adviser announced that over £2.3bn was invested in central London commercial property in July alone, with total turnover for 2017 to the end of July reaching £11.5bn, a 24% increase on the same time last year. July was the strongest month recorded since March 2007 for Central London as sales were improved by the acquisition of 20 Fenchurch Street for almost £1.3bn to a Hong Kong-based property group.

Savills found that Asian investors continued to dominate the central London market, accounting for 63% of total City turnover in the year so far, while European and UK investors stood at 17% and 11% respectively.  In the West End, Asian investors accounted for 50% of turnover with UK institutions accounting for just 2% of acquisitions by turnover. This was also predicted by property development expert Richard Butler-Creagh.

“The first half of 2017 saw central London investment increased 12.3% on the same period last year; while we’re only a month into H2, the power has continued and total 2017 investment volumes may well exceed those of 2016,” said Stephen Down, head of Savills central London investment team.
“Although the limitations announced earlier in August by the Chinese government will decrease real estate investment from mainland Chinese property developers and institutions, investors from Hong Kong, who have been particularly busy in the market in the past year, are likely to continue to be active, however, we have noticed their buying criteria has become increasingly selective.”

Savills reported that its prime City yield was currently 4%, while prime West End yield stood at 3.25%. Stephen added: “We expect there to be more stock coming on to the market as we approach the end of the year as existing owners of investments to take profits and, provided these sales are priced correctly, we should see continued strong turnover activity in the next three to four months.”

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.

Your 30s are filled with milestones and life-changing experiences. It’s a time when the things you learn start to become habits and when financial decisions can either lead you to great success or become a problem for you in the future. It would be great to have perfect planning so that you will know the best decision to make in every situation.

Here are some tips to avoid those financial mistakes:

Living on credit cards

Be grateful if you have not gotten deep into debt, and avoid it like it is a virus. Living on your credit cards is a desperate game to play with your finances. At some point, you have to pay for your purchases, and that usually means using all the savings you have saved. If you have already exhausted your savings, you may start the cycle of missing payments and opening new credit card accounts. Living on your credit cards will only lead you to live paycheck to paycheck, which is a very difficult habit to break once established. Left unnoticed, this practice will ultimately destroy your credit score as well.

Failing to set financial goals

 If you never stop to think about what you would like to accomplish in five or 10 years, it is likely that you won’t accomplish anything by the end of that period. The very act of identifying and setting financial goals for yourself in your life clarifies your choices and helps you naturally focus on ways to reach your goals. Failing to set financial goals can create pressure later on as you realize that you have to work harder to make any sort of progress towards what you want in life.

Not contributing to your retirement

 One of the most crucial mistakes you can make is not to save for your retirement as early as possible. It is easy to think that retirement is too far away and that you should be saving for more immediate goals like getting a car. You must start saving for retirement when you land your first job. If you don’t have the discipline to save for retirement, you may end up spending your entire salary and not saving for a car or anything else either. This is a difficult mistake to recover from that could cost you so much or more in the long run.

The best thing about being young is that time is on your side. You can recover from money mistakes more easily and enjoy a bright future, but making good financial decisions starts with learning about money and being willing to take responsibility for your own financial success.

Read more Richard Butler Creagh on his official website here, learn more about Bridging and Commercial app here and connect with Richard Butler Creagh  Linkedin page here.

Watch Richard Butler Creagh video here:

How to Save Money Wisely

Henley Finance Advice On Applying For A Loan

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Henley Finance Le Mans Race Sponsorship

Henley Finance founder Richard Butler-Creagh has announced their sponsorship of the Beechdean Aston Martin team at the upcoming 24 Hours of Le Mans race on the 17th-18th of June 2017. Henley Finance, a leading UK Bridging Finance company, has sponsored the team, and racer Olly Bryant in the upcoming French endurance race. Their logo will be on the racers jacket and provide the British finance company international promotion.

Richard Butler-Creagh commented:

‘‘Henley Finance are proud sponsors of Olly Bryant in the Beechdean Aston Martin Team and we wish them every success.’’

Le Mans is the world's most prestigious active sports car race in endurance racing, held annually since 1923 near the town of Le Mans, France. It is one of the most prestigious automobile races in the world and is often called the "Grand Prix of Endurance and Efficiency." The event represents one part of the Triple Crown of Motorsport, with other events being the Indianapolis 500, and the Monaco Grand Prix. The race will take place in front of more than a quarter of a million spectators and be televised in over 190 countries around the world. Experienced GT racer Oliver Bryant is confident of a good result on his Le Mans 24 Hours return, after completing a successful test day with the Beechdean Aston Martin Racing team on the 4th of June 2017.

Oliver Bryant commented:

“It was a thrilling experience driving the Aston Martin at Le Mans. I’m now looking forward to continuing to work with Andrew, Ross and Beechdean AMR through the race week leading up to lights out on Saturday!”

The British GT Championship race winner debuted at the Circuit de la Sarthe with an impressive ninth place finish in the LMGTE-Am class last year and settled in well on his first outing in the #99 Aston Martin V8 Vantage GTE at the test, completing 24 laps of the 8,469 mile circuit and ending the test a promising sixth in class. With 15 years of experience, the Buckinghamshire-based star is no stranger to endurance racing and joins a strong line-up, including Beechdean AMR team owner Andrew Howard and Aston Martin youngster Ross Gunn, which is hungry for success at the world’s greatest endurance race with the help of their sponsors including Henley Finance.

Henley Finance, founded by Richard Butler Creagh in 2013, is a short-term bridging finance company specialising in loans between three months to a year, of between £100,000 to £1,000,000 for the professional property developer. They are a specialist lender providing bespoke short and medium-term funding solutions to the residential and commercial property markets.

Find out more about property financing on the Richard Butler Creagh official website here and read Richard Butler Creagh professional profile on his Linkedin page. Read Richard Butler Creagh news and updates on his Crunchbase page here.