Over the last 12 months we have seen a steady increase in the volume of sales being completed which is obviously good news. This trend is indicative of a returning confidence amongst purchasers within the small and medium business sector.
Today's encouraging news is the increase over the last three months in the average sale price of businesses sold and in particular the volume of freehold sales being achieved.
With the banks apathy towards assisting small businesses in recent years it seems that there is light at the end of the tunnel with Ernest Wilson placing several substantial loans and mortgages with various banks and lenders.
A return to responsible lending will undoubtedly help us all and there will be no complaints from the business world if that happens.
As always to keep up to date with the latest instructions visit www.ernest-wilson.co.uk
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