16:51 PM, 12th May 2020, About 3 years ago 32
Our last video on the Bounce Back Loan Scheme and how property businesses are eligible, has given rise to a lot of discussion on Property118 and elsewhere on social media.
In this video Andrew Roberts and I return to give an important update including:
– Which banks have paid out to property businesses
– Clarifying the meaning of ‘trading income’
– Self certification of your businesses turnover
– Whether or not you have to pay the loan back
If you missed Part 1 watch it here at: https://youtu.be/vgw00tf_3nc