Sandwood

Registered with Property118.com
Monday 23rd March 2020

Location
Nottingham

Trading Status
Company

Providing essential rental accommodation since
2010

Number of rental properties owned
21 – 40

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 4

Sandwood

10:49 AM, 3rd April 2020
About 4 months ago

CBILS - No personal guarantees under £250k and available to all viable SMEs

Reply to the comment left by Neil Patterson at 03/04/2020 - 10:47
yes but if your main business is property rental then you cannot apply for the loans.... Read More

Sandwood

10:42 AM, 3rd April 2020
About 4 months ago

CBILS - No personal guarantees under £250k and available to all viable SMEs

Irrelevant as not available to landlords as 50% of your business needs to come form trading activity to qualify and landlords are not traders but investors... Read More

Sandwood

11:34 AM, 2nd April 2020
About 4 months ago

Government have created chaos in the PRS

Not to mention the fact that incorporated landlords are considered investment companies and not trading companies and are not therefore eligible for the business interruption loans being given to tide over other businesses.... Read More

Sandwood

9:48 AM, 26th March 2020
About 4 months ago

PLC's pushing small landlords over the edge

Hi Zara
We are in a similar position. Perhaps like you we are incorporated but classified as an investment company and so not eligible for the Gov't's Business Interruption loan scheme which may have assisted in dealing with deferred rents. I have lobbied my MP on this to see if landlords can be included in the scheme. The last thing the economy needs is thousands of bankrupt landlords! Perhaps we should all lobby our MPs. Mine said he was not aware of the issue but will raise questions.... Read More