Almost one in five companies in the British property
industry are in financial distress after a year in which it was hit with
slowing market activity as a result of changes to stamp duty an uncertainty
surrounding the referendum. More than 25,000 companies in the industry –
equivalent to 18.3pc of real estate companies including property managers,
residential landlords and lettings agents – are in this state, according to
research from Begbies Traynor, the insolvency specialists. The number is some
6.6pc higher than at the same time last year. Read more on the Daily Telegraph
website.
No comments:
Post a Comment