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Northern insurance broker receives top UK industry award

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H&H Insurance Brokers (HHIB) has been named the best in the UK at a prestigious industry awards ceremony.

The Carlisle-based company was named Independent Broker of the Year at the 2022 Insurance Times Awards held at London’s Grosvenor House on Thursday, December 8.

The top industry awards recognise and celebrate excellence and innovation in general insurance across the UK.

H&H Insurance Brokers, which operates across the North of England, the Scottish Borders and Wales, arranges a broad portfolio of insurance for clients in all types of businesses across sectors including agriculture and rural, commercial, property, and tourism and hospitality.

Paul Graham, Managing Director of H&H Insurance Brokers, who collected the award on behalf of his team, said: “We’re over the moon to have won this award and it reflects the hard work and commitment of the whole team.

“Our core values of being a valued, trusted advisor to our clients and providing a first-class, personal service are behind everything we do at H&H Insurance Brokers and it’s wonderful to see that commitment to excellence recognised by the judges.”

Over the past year, the firm has launched the market leading H&H Distinction, a bespoke and exclusive brand developed in partnership with insurance giant Aviva, and partnered with financial planning specialists Sage Wealth Management to launch a wealth management service.

The new products and services complement its existing portfolio which includes a health and safety advice service, asset finance and specialist products for the agricultural and rural sector.

H&H Insurance Brokers expanded its business in the North East earlier this year, with the acquisition of Tynedale Insurance Services, and also strengthened its Wales operation by opening an office in Wrexham.

In January, the firm was awarded the Feefo Platinum Trusted Service Award for its exceptional customer service for the third consecutive year.

What Does Gen Z Want from Employers in 2023?

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Generation Z is the first generation to have grown up without knowing what life was like pre-internet. They’re online, and they’ve never used a paper map, a CD player, or even seen a floppy disk. They have more access to information (and misinformation) than any previous generation, and they take things like one-click shopping for granted.

It’s important to align those differences with what the Z Generation wants from work. Their fundamental differences from other generations reflect in what they want from the workplace and employers. And by 2030, 30% of the global workforce will be Gen Z. So what exactly do they want?

Clarifying Generation Z

Gen Z is largely considered to be people born between 1997 and 2012. Many are already in the workplaces of today, and they’re not wasting any time when it comes to disrupting existing business models. They don’t want to work in the same way that older generations do, and they’re more willing to make career or employer changes to reflect what they want from their lives.

So let’s see what they’re changing and how the workplace will need to evolve to engage and retain the Gen Z workforce.

The Hybrid Workforce

You might assume that Gen Z wants to work entirely remotely. That is the impression in business blogs across the internet. However, the reality is very different. While they might lean towards more of a work-from-home role, they don’t only want to work from home.

In a research study by Cloudbooking and YouGov, the Gen Z ideal work environment is not what you’d expect. It’s a widely held belief that Gen Z is 100% digital native, willing to work from anywhere as long as it’s virtual. But only 11% of the Gen Z workers questioned in The Future of Work: 8 Trends in Workplace Transformation Report said they would prefer full-time work-from-home situations.

Gen Z wants to remain embedded in a traditional work environment, largely because of the developmental and social elements of those workplaces. So organisations that make bold decisions about going fully remote need to make sure they base those decisions on quantifiable data rather than assumptions.

A Better Salary

You might assume that every generation wants a better salary, but for Gen Z, it’s not about being obsessed with money. Instead, it’s because of a very understandable concern about the economy and their unique approach to personal wealth. Remember, many members of Gen Z grew up in the wake of the 2008 global crash and the subsequent global recession.

So not only have they grown up with the first-hand experience of economic uncertainty, but they’ve also witnessed the stress millennials have had to face in terms of expenses like student debts. So they know they need to make as much money as possible to stay safe. They doubt they will ever hit key economic milestones such as buying a home or retiring — they just want to survive.

Diversity, Equity and Inclusion

So a combination of in-house and remote work combined with a good salary are the keys to attracting a Gen Z workforce. But another factor will determine if an organisation can attract that talent. Gen Z wants its employers to care about diversity, equity, and inclusion (DEI). And they’re very savvy about which employers are only paying lip service to it.

A survey by Tallo found that the majority of Gen Z (67%) have witnessed or experienced discrimination in a workplace setting. That number is even higher when asked about witnessing discrimination in schools or colleges. And they won’t tolerate it. In fact, 25% of respondents to the Tallo survey said they would decline a job offer if a recruiter failed to use their preferred pronouns.

The Job Hopping Generation

It’s always been more common for younger generations to spend more time bouncing between jobs. However, Gen Z takes it to extremes. Not only are they more than happy to move to a new employer, but three-quarters of Gen Z will even change their career path. And they do so for perfectly valid reasons, such as finding a new role that matches their interests/values, better pay, or the opportunity to upskill.

LinkedIn’s Workforce Confidence survey clearly shows that Gen Z is a “take-charge generation” and has ambitions.

Source

Some startling statistics were revealed in the LinkedIn Workforce Confidence Index research. The pandemic changed how Gen Z views work, and they are now prepared to switch jobs at a rate that’s 134% higher than pre-pandemic levels. Gen Z is much more likely to work multiple jobs at once than the average. So they won’t just be quick to find new work, they’ll find multiple roles at once if needed.

The Importance of Upskilling

A joint study between Amazon and Workplace Intelligence revealed that Gen Z would be more than happy to stay in a job role as long as they’re given access to skills development. But if that development is not available, then they’re ready to quit. That previously mentioned job hopping is largely down to a lack of upskilling opportunities in their current position.

Gen Z (and to a slightly lesser extent, millennials) want to learn. And they’re actively seeking positions that help them develop the skills they need to get higher-paid work in the future. They use LinkedIn Learning more than any other demographic, because they see skills development as the most important factor in career advancement.

For organisations that want the best of the Z Generation, offering the resources to learn more will need to be a priority.

Employers and Gen Z

Multiple studies have come to the same conclusions, and the findings are surprising to many employers. Gen Z is as resilient and flexible as it comes, but only when a career benefit is involved. The draw toward hybrid learning, mainly based on the need for upskilling, and a demand for anti-discriminatory workplaces, is hot on the agenda.

Generation Z won’t sit still and won’t accept a status quo that leaves them stranded for long in the same position. They’re constantly looking for new opportunities, and there’s none of the fear that older generations had when moving to a new employer or a new career.

From a better work-life balance to a more welcoming workplace, Gen Z has many demands of their employers. And as the number of workers from the Z Generation can only grow, employers need to be ready to adapt, or they will lose out on what might be the most interesting generation the workplace has ever encountered.

7 Effective Ways To Tackle Your Clutter

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Clutter in your home is not just uncomfortable for you and your visitors. It can also be a sign of mental health problems, like OCD, depression, and anxiety, and could make them worse. Depending on how severe it is, it could also be concealing dangers to your physical health, like pests and mould.

ICE Cleaning is a specialist cleaning company that can take care of mould remediation and pest control, and even clear out hoarder homes. Its technicians operate nationwide and can be on site in 60 minutes in an emergency.

Continue reading to find out their tips on clearing out your home.

Do a spring clean every season

The colder, wetter winter months create the perfect conditions for mould growth in your home. Condensation, flooding, leaks, and poor ventilation (shut windows keep in heat) generate the excess humidity it loves.

If your possessions are piled up, you might not spot the first signs of mould. Going through your belongings will give you a chance to identify potential causes and prevent mould.

Create a timeline and set some goals

Before you tackle the mess, write down a list of spaces you want to prioritise and give each a completion date. This should help you stay motivated for clearing up.

Make sure you focus on one space at a time to ensure you give it a very thorough clean. Don’t forget to devote more time to the trickier rooms, like the basement or attic.

Create a sorting system

Sometimes decluttering can make a bigger mess. Organise your cleaning process by putting each item into bags or boxes labelled “throw”, “keep”, and “donate”.

Once every object has been assigned a new future, take one box to the recycling centre, the other to a charity shop, and restock the room with what is left.

Track what you really use

To sort the essentials from what you don’t need, monitor what you actually use.

One way of doing this is to hang the clothes you have just worn or washed back in your wardrobe the wrong way. You can easily see from the direction of the hangers what does not get worn and needs to be chucked.

Check which items work

If an appliance you tried to use does not work, either fix it right away or throw it out. Otherwise, it will continue to take up space and collect dust.

Clear the flat surfaces first

It is easy to pile up stuff on kitchen tops, tables, and shelves. Only regularly used appliances should be on your surfaces. Try and make space in your drawers and boxes to rehome them. If you can’t find space in your drawers, they may need reorganising, too

Get help when clutter becomes a serious problem

People who struggle to throw out unused or broken items might suffer from hoarding disorder. This is when someone has an excessive amount of belongings of little value. It can make a home very dangerous and unpleasant to live in, and might contain fire risks, trip hazards, and pests.

ICE Cleaning’s technicians can help your clear out your home with their discreet hoarder cleaning service, and make your property safe again.

Find out more about ICE Cleaning’s wide range of services here.

APM Monaco Drops New Jewelry Collections for the Upcoming Holiday Season: Meteorites and Yummy

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The holiday season is both fun and stressful. One of the key causes of stress associated with the holiday season is thinking of original presents people would love, finding the time to go shopping, sticking to a budget, and finally keeping everyone happy. So, Christmas gift ideas are always welcome and the more there are out there the better. The wrong gift, however, can do more harm than good. The conundrum is to make the gift recipient happy without directly asking him or her about it. A thoughtful gift can strengthen a relationship, while an unthoughtful one may hurt and weaken the bond. The Christmas gift dilemma hangs over us this time of the year again.

APM Monaco, a leading fashion jewelry brand, most probably the only one that combines a forty-year-old high-end jewelry manufacturing experience with Southern France’s incomparable joie de vivre and inherent style, is turning the task of Christmas present shopping into a pleasant, burdenless, adventure.

2022 was a good year for APM Monaco as it celebrated 40 years in business with a series of memorable events on both sides of the Atlantic. APM Monaco sparked tremendous public and media interest for its Fashion Week dinners, events during the Monaco Grand Prix, and more. Without a doubt, with over 400 stores in Asia, Europe, and America, an international online store, and up to 50 new collections (with one dropping each month), APM Monaco’s Christmas gift options are abundant and unrivaled.

This holiday season, APM is rolling out ‘must haves’,’ including the stylish Meteorites, gentle Yummy Bears, and other collections.

The exclusive Meteorites Set consisting of Meteorites necklaces and earrings made of sterling silver and zirconia are an elegant and subdued piece for any occasion — a night out or everyday wear. You don’t get tired of the subtle elegance the set emanates. The Meteorites collection itself is vast; its common motif, a star-shaped and zirconia-studded miniature visualization of a meteorite, is the lynchpin of every piece in the collection be it a choker, a necklace, or drop earrings. The meteorites stars come in tandem with no less spectacular zirconia-covered circles in the extravaganza of such pieces as Meteorites & Circles Y-drop Choker, Statement Meteorites & Circles Drop Earrings, and Meteorites & Circles Bracelet. Those are a perfect fit with a cocktail dress and for a night out.

A tribute to the brand’s 40th anniversary, the Yummy collection strikes a different chord. Yummy bears around which the collection is designed are present in every piece and are a symbolic throwback to the inner child that is hidden within everyone. the design, however, is exquisite yet warm, producing a desire to cuddle the little bear in your hands and not let it go. Any Yummy piece will make a perfect and unforgettable Christmas gift for your loved ones. Yummy bears come in different sizes and can be worn both as a pendant with a necklace, as earrings, and as rings.

APM’s Morse Code collection proves SOS is not the only message you can send out with the Morse code. The dots, dashes, and spaces may deliver thousands of messages — the word LOVE being one of them. APM connects Morse dots and dashes into the LOVE theme in its Morse Code collection with each piece of jewelry embroidered with a secret Morse word. Words like love, smile, and bonheur (French for happiness) are engraved on the Morse Code collection’s rings, earrings, bracelets, and chain necklaces.

In other timely news, APM Monaco’s jewelry was recently featured on a global stage as international pop star Maluma sported an APM Monaco necklace while performing the Official FIFA Fan Anthem,Tukoh Taka, at the World Cup. Additionally, APM Monaco sponsored a Gala in Paris along with Eva Longoria.

Whether it is a Morse code message or a personalized jewelry piece, APM jewelry will send a loving message to your friends and family packed in an unforgettable Christmas gift. So let the Christmas shopping adventure begin with APM’s new offerings for this year’s holiday season!

Immensa Discusses the Benefits of Additive Manufacturing for Petroleum Companies

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The oil and gas sectors have always needed to be faster  to act when adopting new tech. Unsurprisingly, this resistance to technological change has left petroleum providers lagging far behind in additive manufacturing. Otherwise known as manufacturing by 3D printing, additive manufacturing allows companies to make their precision equipment parts and other useful three-dimensional objects from materials that range from plastic to metal.

Benefits of Additive Manufacturing

The global digital manufacturing solutions provider Immensa is determined to bring the benefits of additive manufacturing to the largely untapped and underserved petroleum industry. As part of its overarching mission to “take physical spare parts and dematerialize them into the digital, on-demand world,” Immensa is reaching out to oil and gas companies with additive manufacturing solutions that have “the power to transform how parts are created and optimized.” The Immensa engineering team works closely with each of its partners in the petroleum industry to determine exactly what additive manufacturing can do for them and their company operations.

While the specific advantages of additive manufacturing will vary quite significantly from petroleum company to petroleum company, Immensa has a proven track record of helping its oil and gas clients…

  • Extend the lifespan of older equipment by providing obsolete parts that are no longer in mass production.
  • Reduce inventory need for long-tail parts that exist in low volumes and are generally hard to find.
  • Reduce the lead time necessary to acquire and replace critical parts
  • Improve parts’ form, function, and performance by redesigning for precision fit and exact needs.

While leveraging the power of additive manufacturing to provide these specific services, Immensa has identified several general benefits that are common to all of its oil and gas industry clients. In addition to offering the flexibility to optimize the production of existing products, additive manufacturing part production can greatly aid in developing new products by providing extreme versatility during the design stage and dramatically reducing the time needed to prototype, build, test, and validate promising products.

Reducing Costs

Whether used for prototyping or full manufacturing, additive manufacturing allows companies to produce low volumes of specific parts and units at a reasonable price. In the petroleum industry, extremely expensive and lengthy tooling processes make traditional manufacturing impractical if not downright impossible, for low-volume output. On the other hand, additive manufacturing offers low-volume production at a dramatically reduced cost.

On a macro level, additive manufacturing leads to far more efficient inventory management and supply chain logistics for companies in the petroleum sector and beyond. By transitioning to digital inventories in digital CAD (computer-aided design) models, companies can bring parts and units to life at will through the technological wizardry of 3D printing. By extending the effective lifespans of deteriorating and damaged parts and eliminating the need to order and ship new parts, additive manufacturing reduces dependency on global shipping and logistics networks that are woefully overstrained.

WorldWide Technology

Despite their reluctance to adopt new technology, oil and gas companies worldwide are slowly beginning to wake up to the tremendous value of additive manufacturing. From ongoing petroleum market instability to the rapid global transition to other energy sources, industry stakeholders are taking more drastic measures to reduce operational costs.

The World Economic Forum recently reported that the oil and gas industries stand to save $30 billion in operational costs by embracing state-of-the-art additive manufacturing technology. If a difficult-to-replace part fails at the wrong time, additive manufacturing can prevent unplanned downtime that might result in an additional loss of billions.

New Competition is said to Launch for fourth annual Advent

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TryHackMe has launched its fourth annual Advent of Cyber event. Advent of Cyber features 24 free daily cyber security challenges aimed to enable people to break into cyber and kickstart learning journeys. This year’s event features Red Teaming, Secure Coding, Web Vulnerabilities, Blue Teaming, and IoT Hacking topics.

TryHackMe

TryHackMe is an online cyber security training company offering blue, red, and purple team topics for all skill levels. Individuals use TryHackMe to learn cyber security and achieve high-paying cyber jobs, businesses incorporate training to onboard and upskill teams, and universities utilise content to teach students cyber security in action. 

TryHackMe training is gamified, featuring streaks, badges, and gamified labs, so users are engaged in learning and knowledge retention is amplified. There are over 350 free real-world training labs on the platform, and a premium version enabling full access costs £8/approximately $9.80 a month. Users only need a browser to access, and training is available worldwide.

Advent of Cyber 2022

Launched on December the 1st 2022, Advent of Cyber features 24 free cyber security challenges ranging in topics spanning Red Teaming, Secure Coding, Web Vulnerabilities, Blue Teaming, and IoT Hacking. 

All daily tasks follow a Christmassy storyline, This year, the elf McSkidy needs your help to investigate a serious breach and test all remaining systems for security flaws.

Key cyber security influencers are creating video content for every day of the event, walking users through tasks. Content creators include John Hammond, Cybersecurity Meg, Husky Hacks, SecurityNinja, InsiderPHD, and more. 

All users completing Advent of Cyber will achieve a certificate of completion. 

Prizes

Simply by taking part, users can win $40,000 worth of prizes, including Offensive Security learn one subscriptions, Raspberry Pi 400, AirPods, drones, GoPros, Hak5 WiFi Pineapples and Rubber Duckys, and so much more. 

The number of daily answered questions gives users raffle tickets into the random draw of prizes. Winners will be randomly selected on the 28th of December using the pool of raffle tickets.

There are also daily prizes and giveaways across social media. For every daily answered question, users can win a mini-prize, either a TryHackMe Christmas T-shirt or a TryHackMe premium voucher. Swag is awarded to social media followers in short giveaways over December, on @RealTryHackMe accounts. 

How to transform your business with Microsoft 365

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Microsoft Office has long been the backbone of many businesses, helping them to plan, pitch and calculate their way to success. Its latest iteration is the Cloud-based Microsoft 365 – and if you aren’t using it, you’re missing out on a whole host of developments. 

Microsoft 365 has many of the familiar trappings of the old Office suite, but comes with new benefits, new software and fresh opportunities. Here’s a quick look at everything Microsoft 365 has to offer – and how using it to its full potential could help to transform your business. 

What is Microsoft 365? 

Microsoft 365 is the new name for what used to be called Office 365. The name change is due to the expansion of 365 beyond Office applications such as Word or Excel. This includes business-oriented software such as Lists and Forms, as well as apps such as Teams and OneDrive, which play such a crucial role in the new world of remote working.

While the main connotation of 365 is obvious – owing to its role in daily life – it’s also a way to set the new Office suite apart from the old one. Where Office was previously static software that you installed on a computer and updated periodically, Microsoft 365 is now a Cloud based platform, where the software is hosted online.

What this means in practice is that all Microsoft 365 apps can now be accessed from your browser, without having to install them (although this is still an option for business customers). Files can also be saved to the Cloud and worked on in real time, allowing you to access and collaborate on documents from any location or device.

In many ways, Microsoft 365 is an ideal introduction to the power of the Cloud. Moving from an older version of Office to Microsoft 365 allows you to retain the familiarity and functionality of the software, while also gaining access to a range of new productivity tools. This makes it ideal for transitioning from office work to remote work, or maintaining a hybrid of the two.

What are the benefits of Microsoft 365? 

The most obvious benefit of Microsoft 365 is in the transition to cloud computing. Instead of needing to install the software on every computer, all of the 365 apps can be accessed online across devices. As files are constantly being saved and uploaded to remote servers, this eliminates the risk of files being lost due to hardware or power failures, or being stranded on a machine that otherwise can’t be accessed.

Whether you are using the software in a browser, as a mobile app or as a traditional piece of computer software, you’ll benefit from constant software updates and shared storage space. Admin tools allow you to manage access to these files, giving certain users permission to view and edit files, and enabling different parts of your organisation to work on files together.

More specifically, the software in the Microsoft 365 suite provides a whole host of opportunities, with tools to improve productivity in almost every area. Teams allows you to communicate and schedule tasks remotely, Outlook allows you to access your emails and calendar from any location, and Word and Excel allow you to produce and share professional documents and spreadsheets.

Transforming your business with Microsoft 365 

Microsoft 365 is an ideal way to upgrade from previous versions of Microsoft Office, and to work more effectively across multiple locations. However, seeing Microsoft 365 as just a more modern implementation of Microsoft Office is understating how much it adds, and what a transformative effect switching to Microsoft 365 could have on your business.

Be more organised

Organising files can be a complicated business. Documents often get worked on by one person, then emailed around. This often leads to a scenario where there are multiple copies of a file out in the ether, with no obvious sign as to which is the most up-to-date. Files can also easily get stuck on one person’s computer if they are away for any reason, or lost to a software or hardware error, making it difficult or impossible to retrieve them. All of this costs time and ultimately money, and can have a significant impact on your bottom line.

By using Microsoft 365, you can ensure the integrity of your files, and benefit from a clear version history. Instead of multiple copies of a file being passed around, cloud storage allows multiple users to work on the same file, logging which changes have been carried out by who. This way you can easily access your files whenever you need them, see what has changed, and even revert back to a previous version if required – all of which should save a significant amount of time.

Work together, wherever

Cloud storage opens up a range of possibilities, making your business more flexible and more agile. While it’s possible that your employees can remotely access files on their workstations, or on a local network, these files are still vulnerable to be overwritten or lost. Different versions are also easily confused, leading people to work on the same files in isolation from one another, wasting time and forcing messy mergers later on.

Microsoft 365 enables multiple users to work on a single file simultaneously, and see the changes others are making in real time. Users can make changes and leave notes for others to see, make suggestions, and save without fear of overwriting someone else’s work. With seamless Teams integration, users can also share files in public or private channels, and talk to each other over audio or video calls as they work. This synergy between Office software and the communication tools within Microsoft 365 is an ideal way to embrace home working, or to improve your remote working setup if you are experiencing productivity issues.

Secure your files

Microsoft 365 doesn’t just help your employees to find and collaborate on files – it also prevents the wrong people from doing the same. 365 allows you to set up different tiers of file protection for different projects, ranging from baseline access to sensitive and highly sensitive data. By making files only accessible to certain accounts – and keeping them entirely within the Office ecosystem – you can prevent accidental leaks from emails, and protect against malicious access.

The admin and user controls provide substantial depth while also remaining simple to use. External sharing controls allow for individual files and folders to be shared with approved individuals, including limited guest access to folders and teams. Elsewhere, Microsoft Defender for Office 365 provides a comprehensive scanning solution, ensuring that all files, attachments and links in OneDrive, Teams, Outlook and more are safe to access. Document encryption meanwhile provides the utmost protection for highly sensitive materials, ensuring that they cannot be accessed outside of the confines of the software environment.

Microsoft 365 is both so big and so ubiquitous that it often blends into the background. Its role in most of our daily lives means we can often take it for granted, failing to make the most of its unique features and all the software it has to offer. By taking the time to explore the full software package and reassess your use of Microsoft 365, you could unlock hitherto dormant benefits – making your business even more productive.

Sota is one of the UK’s leading independent IT companies, providing professional IT support in Kent, cloud computing, cyber resilience, connectivity, and unified communications. Having worked with countless businesses over the years, they are experts in their field, ready to advise and offer tailored solutions for each and every company. 

Rising Interest Rates – What it Means for your Business

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The prospect of rising interest rates should be a vital consideration for the future of any business, for their operation and the impact on those they do business with. It’s evident that rising interest rates ultimately mean higher borrowing costs. Focus usually centres on the increased cost of mortgages, yet a rise in interest rates will impact businesses of all sizes.

Given the low rates we have seen for many years and the economic outlook, interest rates will likely rise for some time. The effects on small and medium enterprises and larger corporations, especially those with debts and borrowings, have made it essential to evaluate their current debt facilities to avoid getting caught.

Inflationary pressures continue to impact trading positions for many companies and leave them facing the task of assessing how future rate rises will affect operating costs and plans for moving forward. Businesses often require the services of a high-value lending brokerage to arrange finance packages, and now is undoubtedly a time their services can be invaluable. Brokers are seeing an increasing number of companies seeking to assess their current measures and, where necessary, securing the most competitive finance packages to see them through.

Assess your business strategy now

Even with secure and established debt facilities in place, rising interests are a cause for concern, making re-evaluation of borrowing and commitments a sensible precautionary measure.

Many lenders offer corporate finance, and it may be that your existing borrowing strategies will no longer support your business needs as interest rates rise. If you are looking to restructure or take on existing borrowing, it makes sense to contact an experienced corporate finance broker to get an insight into the options available. Especially important when you have high borrowing or know that you have important events such as new contracts, new employees or premises to fund going forward.

Contact a broker

Lenders respond to hard facts presented in set ways. They often respond unfavourably when approached directly with a ‘we want a better deal. Experience tells us it’s usually not the best course of action for companies to directly approach their existing lender and tell them they need a more competitive deal or are looking elsewhere.

A better way to proceed is to work with a broker to source alternative offers in the first instance. Once a better option is available, your broker can approach your existing lender so that they are better incentivised to match or beat the new offer. Renegotiating terms requires an approach that often avoids the need to move, but it certainly does not harm to get your experienced broker to try. After all, they will have already lined up an alternative should your existing lender remain firm.

Don’t delay

New lenders will still need to assess your business lending viability and underwrite your loan, which can take both time and complex negotiations, so it’s essential to move before rates increase beyond those your business can withstand.

There are still some good finance packages, and lenders are looking to provide competitive loans to businesses showing a solid financial position. The approach can make all the difference. An expert in high-value lending brokerage can showcase your business strengths and present the opportunities borrowing affords your business to get the best corporate finance packages.

Mike Collins Mortgage Expert says you shouldn’t sell your home privately. Here’s why.

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You might think that you could save loads of time and money by selling your home privately, rather than with an estate agent.

Mike Collins, a financial expert with more than 17 years of experience, believes that stress is not worth it.

These are only one of numerous ways that an agent can win over the private seller.

They are doing it every day

Estate agents are experienced sellers. They sell daily. They purchase properties on a daily basis. Selling your house will not provide you with a better idea of its value.

They take hours to compile portfolios that show potential buyers what they might be capable of achieving in their home. Be aware that the greater the price you sell, the greater the deposit you’ll require to purchase the next home.

Poor judgement could lead to a house being sold too quickly or at a price that is too high. Experts will assess your home in a fair and objective manner in today’s uncertain market.

They guide people around

Do you prefer not to be present when potential buyers visit your home?

If you’re a noisy neighbor or a parking nightmare as the primary reason to want to move out of your house, you’ll require the best poker face the day potential buyers knock on the door.

Sell privately and you’ll be one who will show them around your house and also responding to any questions that are awkward from potential buyers.

An estate agent will ensure they focus on the great aspects of your house and the community amenities.

They are familiar with the legal side of selling a home

Make it easier to plan selling your house by making sure that you have all relevant documents.

If the chain is in danger of breaking, they can contact conveyancing solicitors to expedite the process. They’ve been through thousands of sales just like yours, and they will help you navigate the process without any mishaps.

They could also promote your property to their existing database

It’s not a good idea to tell your Facebook friends that you are selling your home. You need the right audience to be aware.

Agents for real estate keep all of the major platforms updated to ensure your property is visible to phones of those searching for homes like yours.

They also make great photos to attract people to look around so there will be many inquiries once your sale form is completed.

They do not have an emotional attachment

You might think you’re a reasonable person however, how sane are you in maintaining your cool in front of a potential buyer when the boiler isn’t working? It’s an expensive thing to fix on top of the price of a property.

An agent acting as a negotiator, and address your concerns to the seller is a good option to avoid becoming angry over the sale.

If repairs aren’t required, the agent will modify the offer to meet your needs. This can save you time and money.

Mike Collins Mortgage

How can rising interest rates and inflation affect property investors? Mike Collins Mortgage Expert

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Mike Collins, financial advisor, answers questions

Since December 2021, the Bank of England raised interest rates seven more times. The current housing market is experiencing major changes as they are now at their highest level in 14 years. Property investors and landlords can be affected by rising rates.

Are higher interest rates affecting the housing market?

Mike: It is still difficult for first-time buyers to get on the property ladder because of rising property prices. People are finding it difficult to move, let alone purchase their first home, due to a rise in house prices and a lack of homes available since the pandemic.

It still seems like there is a race to space. This started with the pandemic, when people realized they needed more space indoors and outdoor.

But, it is likely that landlords will not make money if interest rates continue to rise and they are unable to pay the higher tax or higher interest rates for their mortgages.

But, people who can afford to buy a house will need to rent it. However, those who can’t afford to rent a place to live can have a serious impact on their economic growth and the economy.

Are we likely to see tighter property investment conditions after the latest rise in prices?

Mike: Rising interest rates are a problem because mortgages are inflated, which in turn increases borrowing costs. Variable mortgage holders may need to notify tenants in order to raise rental prices to reflect new costs.

Investors who are trying to find the best mortgages for their new properties won’t be in a position to do so again this year. This causes tightening of net returns.

Inflation is also at its highest point in 40 years, a result both of rising energy costs and higher living costs. This year will be tough for landlords, with net rents dropping and rental returns weak.

Is inflation good for property investors?

Mike: If you have debt, inflation can have some positive points. Investors need cash to invest. A 75% LTV mortgage would be a good option. With a 0% interest-only loan, you will still have to pay the interest in 20 years.

The mortgage amount will not change if the property’s value triples. You would need to sell the property to make capital gains (unless it was your home), but you would still have enough money to pay off the mortgage and have plenty of cash left. This could also indicate that you have extra cash available to pay off any other BTL mortgages.

Higher interest rates are one of the risks, but you can still try to get the best fixed term mortgage.

What does the future look like for the property market in 2023?

Mike: It is possible that interest rates will rise further as inflation continues to rise. Investors are advised to lock down fixed-term rates as long as possible.

Rates rising are a problem because fewer people can afford move or purchase a home for the first time. This can lead to house prices dropping. Real values could suffer if house price growth slows down to a moderate level while inflation continues rising.

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