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News


4 August 2016 – Bank of England cuts interest rate to 0.25%
05.08.2016

On 4 August 2016 the Bank of England cut the UK interest rate from 0.50% to 0.25% – a record low and the first cut since 2009 This is GOOD news for those having a mortgage or thinking about getting one! Using Office for National Statistics (ONS) house price data, a cut to 0.25% means […]

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Another one bites the dust – BHS: a woeful tale
16.06.2016

Department store BHS is being wound down, meaning the end of the road for the 88-year-old retailer. All of its 163 stores will close and 11,000 retail jobs are lost. A sorry tale following closely from other casualties this year. Is this the future of the High Street, doomed from now on or is BHS […]

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A bad week for retail…
26.04.2016

Two big high street names fall by the wayside in the same week… Menswear retailer Austin Reed has entered administration, putting almost 1,200 jobs at risk. A statement from the administrators blamed a “challenging” retail market and cash flow difficulties. The company, which has 100 standalone stores and is stocked in a further 50, has […]

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GUIDANCE ON LEGIONNAIRES’ DISEASE FOR LANDLORDS
19.04.2016

GUIDANCE ON LEGIONNAIRES’ DISEASE FOR LANDLORDS Landlords of residential accommodation have responsibilities for combating Legionnaires’ Disease. Health and safety legislation requires that landlords carry out risk assessments for the Legionella bacteria which cause Legionnaires’ Disease and thereafter maintain control measures to minimise the risk. Most rented premises will be low risk but it is important […]

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One in every five houses to be a starter home
29.03.2016

Developers will have to sell one home in every five as a starter home, under government proposals published today (29 March 2016). The rules will apply to housing sites of 10 units or more and are aimed at meeting the government’s commitment to build 200,000 starter homes across the Country by 2020. Starter homes are […]

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BUDGET 2016 – Good news for small business
16.03.2016

The Budget on 16 March 2016 cuts business rates from next year for half of all properties – 900,000 smaller properties – starting on 1 April 2017. The government will: 1. Permanently double Small Business Rate Relief (SBRR) from 50% to 100% and increase the thresholds to benefit a greater number of businesses. 2. Businesses […]

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LOOKING TO MOVE FROM A HOME BASED OFFICE??
09.03.2016

Hamilton Stiller can offer a very cost effective and flexible solution for £100 + VAT per month all inclusive! We have available to rent a hot desk/start up office area with five workstation pods situated within a larger office space located very conveniently for A40 access, between Ross-on-Wye and Monmouth. Each pod has a desk, […]

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INTEREST RATES ON PROPERTY LOANS
08.03.2016

Commercial investment FIXED INTEREST RATES ON LOANS HIT ALL-TIME LOW According to recent press coverage, fixed interest rates have fallen to their lowest-ever levels during the past few weeks. Although borrowing on a floating basis is very attractive with base rates remaining at the historical low rate of 0.5%, the current level of fixed rates […]

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ASSOCIATION OF ROSS TRADERS – NEW CHAIRMAN
29.02.2016

Howard Toussaint, Commercial Surveyor of Hamilton Stiller was appointed as the Chairman of ART (Association of Ross Traders) at its AGM on 24 February 2016. As a trader in Ross-on-Wye, Hamilton Stiller are keen to play their part in promoting independent businesses and traders in the Town. The aims of ART are: – To promote […]

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