CPD on Commercial Real Estate: Webinar

7th August 2017

As Lifecycle’s most recent round of CPD seminars comes to a close, its supporting free-to-view webinar is now live.

In this online tutorial, specialists from Leonard Curtis Property Solutions and the wider Leonard Curtis Business Solutions Group (LCBSG) – provider of the Lifecycle network – cover many of the issues involved in the current Commercial Real Estate (CRE) environment.

The online training session – which provides 1.5 hours CPD – focuses on new funders in distressed CRE, how they operate and how best to work with them. It also provides guidance on the issues that can be caused by defective title, how they can be rectified and how landlords can take action to recover rent arrears.  This online session also offers an external perspective on the “do’s and don’ts” of development funding and how accountants can best advise their client investors in order to reap the most significant returns.

The events took place last month for Lifecycle members at six venues across the UK.

Phil Deyes, Director at LCBSG, said: “High street banks have withdrawn from the CRE market – due to the banking crisis and increased regulatory conditions introduced by the Bank of England and FCA – as a result, the vacuum has been filled by alternative lenders which traditionally may not have been FCA regulated nor members of the Financial Ombudsman Service. It is therefore vital that accountants and advisers are fully aware of how they work and their dynamics in terms of both the original lend and any recovering impairment that they consider appropriate, in order to guide their clients most effectively and avoid any financial distress.”

“We hope that this webinar – and the live events that preceded it – provides SME accountants with the knowledge to effectively navigate this new, innovative and often risky approach to CRE lending.”

“With £173billion of CRE activity in the UK, it offers great opportunities for us all. In addition, with £54billion of new CRE debt issued in 2015 – up 19% on 2014 and 80% on 2013 – there is certainly no shortage of demand for CRE products and loan facilities in order to purchase it. However, it really is vital that all parties are fully aware of how many of these new lenders work.”

Lifecycle’s specialist property service lines include property finance solutions and funding from Reach Commercial Finance as well as extending property buying and selling support through the Group’s own 1000-strong RADAR network.

Consultancy and support provided to accountants and their clients by LCBSG include debt finance for SMEs, portfolio review and analysis, facilities management and specialist property advisory – all of which help accountants and clients retain control and manage their portfolios in times of commercial stress.

For details of our next CPD Autumn Tax Updates, click here to register at a live event. We have a programme of technical events confirmed across the country. To see details of all our future training courses please click here.

About the Lifecycle network

Lifecycle is a unique network for accountants – provided by the Leonard Curtis Business Solutions Group.

It provides member accountants with a comprehensive range of specialist services – and the expert support required – to improve their client offering at every stage of a business’ lifecycle. From company formation to cessation and all stages in between.

Lifecycle is free to join and also offers members many additional benefits. These include eligibility for a highly competitive Professional Indemnity insurance scheme, a regular programme of free training and education and discounts on products and services relevant to their business and clients’ needs.

Services offered by Lifecycle include: Company secretarial and formation; equity finance for SMEs; debt advisory for SMEs; personal debt advice; corporate restructuring, insolvency and cessation; debt finance for SMEs; cashflow maximisation; property solutions and legal services.

For more information on Lifecycle click here and to become a member of Lifecycle click here or call for free on 03300 242 333.

03300 242 3333