MGR Appraisals

T: +44 (0) 121 200 2206 - E: info@mgrappraisals.com
A: 50 - 54 St Pauls Square, Birmingham, B3 1QS

Blog

Blog

02/08/18 - Bank of England Interest Rate the Highest Since March 2009

The Bank of England announced an increase in the interest rate today by 0.25% bringing the rate to 0.75% being the highest seen since March 2009 during the recession.

Whilst this should see better rates being offered on saving accounts, those with mortgages on variable and tracker rates might wonder if they will be able to meet the increase in payments. Likewise, businesses planning on borrowing funds for growth/obtaining loans going forward might find the rates restrictive.

If you are unsure how the rate increase may affect your business you could consider reviewing your finances and business assets.

We can assist by providing business asset valuations for accounts, pensions, private investors and asset based lending to name just a few.

If you are considering a sale of assets we can assist from putting together a proposal for the sale, marketing, sale preparation through to conducting a sale and overseeing collection of payments and clearances.

If you would like to speak with us please call our office on +44(0)121 200 2206.

12/02/18 - Disposal of Multi Location Engineering Company

We have been instructed by the Liquidator and major finance company to dispose of the assets of Vere Engineering Limited. Having three sites across the region in Tividale, Aston and Bilston, we have already concluded a successful sale of the Tividale site, previously BC Barton, which will see operations at the site continue.

The assets located at Aston are currently being marketed for sale by private treaty. Assets include various power presses and associated equipment. Interested parties are invited to the viewing day on Wednesday 14 February 2018 with the deadline for best and final offers being midday Friday 16 February 2018. Further details of the sale can be found on our Machinery and Business Assets for Sale page.

The sale of the assets at the Bilston premises is to be confirmed over the next few days, however, the sale will include 3 Amada CNC Punches, 4 Amada Pressbrakes and 2 Amada CNC Lasers. Interested parties can register on our website to receive further details or contact our office on +44(0)121 200 2206.

Archived blogs

12/02/18 Sale of Remaining Stock of Brittain Adams & Sons Limited
29/09/17 Caudwell Children Gold and White Party!
28/09/17 Online Auction of Oakham Lift Services Limited
08/09/17 MGR Sponsor Liam Daly of Solihull Moors FC
22/05/17 Online Auction of Timbermaster Limited
24/04/17 MGR Assist in the Successful Sale of The Grosvenor Wilton Company Limited
11/04/17 Sale of WWMD Limited Packaging and Warehouse Equipment
05/04/17 Weak currency sees UK assets going abroad