This months event kicked off with a hot topic talk from founder Jason Roper. The monster merge of Asda and Sainsburys and huge job losses to be had at RBS following mass branch closures. The retail market continues to change so Property folk keep your eyes peeled for opportunity!
Up next was the first of this months speakers, Stephen Grayson from MPG partner UHY Hacker Young. Stephen spoke about GDPR aka The data protection act and how this will affect the property sector. Check out the PDF at the bottom of this blog for further information on GDPR. In short this will affect everyone and the deadline of 25/05/18 is looming although don’t worry, full compliance isn’t required by this time but a firm action plan to achieve compliance is! Breeches will cost you so don’t delay. Along with a handy 12 step guide to assist with compliance Stephens message was clear, if your aren’t sure employ a specialist and even if you are, employ a specialist!
Following on from Stephen was chairman Chris Wareing from our chosen charity Mahdlo. Mahdlo is a £2 million charity receiving only £400,000 per annum from Oldham council. They provide amazing opportunities for youths in the community helping them find passions and providing support to allow them to flourish.
Chris spoke proudly of his recent fundraising for the charity ranging from 24hour 5 a side marathon with Oldham Police Constabulary to a climb up Mount Kilimanjaro! If you feel inspired and want get involved there are still places available to join Chris up Kilimanjaro but if that’s not for you there are plenty of other ways you can contribute!
Check them out on the charities website at https://www.mahdloyz.org/
To finish this month's event was an insightful talk from John Barstow of BCR Limited ‘A full service advertising agency’. John started his career in 1966 and has worked in Marketing/ PR ever since. The saying ‘been there, seen it, done it’ really does apply to John. A nostalgic and factual presentation from John sparked personal reflection in the room...’Am I influenced?’ In today’s world more that ever we are subjected to advertisement, marketing ploys and PR schemes. Do they affect your daily lifestyle choices?
John ended reflectively stating, in this day and age of technology ‘creativity is suffering’. Something to take away is to not be afraid of offering up your originality.
If you would like to find out more about John, BCR Limited and what they can do for you and your business please visit his website at http://www.bcrlimited.com/
Winners of this months business card lucky draw were speaker Stephen from UHY Hacker Young and Paul Ramsey of Real Financial.
We are looking forward to a delayed event next month on 14/06 hope to see you there!
Sign up now to avoid disappointment https://www.mpg-nw.com/membership.html
MPG ambassador, Carl Lomas reports his blog for the Manchester must do diary date. He was with property folk, accountants, lawyers and surveyors who gathered in Manchester for their regular hot house of all things development. Chip butties, bit coins and a headline showcase on projects from the Gherkin to Harry Potter studio set the monthly event as a must do diary in Manchester. Then add a choice moment between deep fried Scottish Pizza and wild mushrooms for excellence in surveyor’s toolbox and you have a networking property event with a menu to die for.
Jason Roper opened with a spritely summary of the world since the last MPG, ‘Beast form the East’ jeopardised the March meeting, there had been no chicken at KFC, Maplin and Toys R Us closures drove big job losses and banks had closed 462 branches in the running year. Times in the High Street are changing!’ Crypto cyber currency dished up the starters for a full house audience in the Manchester Chop House venue, Nick from UHY Hacker Young, cyber currencies established only eight years ago, people were paying thousands of bit coins for a pizza delivery and a bit coin today is valuing at seven thousand UK pounds, if you have some beware of the tax on this gain! Recording the values of what you have when is critical to the gain.
Ian Ford followed the pizza trail and delivered the key note. Surveyor extraordinaire, todays MD of Watts, projects from Kings College Hospital helicopter pads to Scottish Pizza! Watts celebrating fifty years last year, a UK wide surveyor team on the big projects. Ian opened with a ‘Chamber of Horrors phot show’. Audi car garage, there was a hush in the room, bolt failure in a multi-storey frame left new Audi cars scatter between showroom floors in a concrete carnage. Photo snap of extreme downpipe corrosion, paint your pipes regularly! A 1930s DOY house gone wrong big time. Dry rot! When is it a Scottish Pizza? Ian tested the MPG audience on the peperoni spotting with a tour of deep fried fun centred on giant mushroom growths.
Ian handed over the spellbound audience to Watts man, Tom Kibblewhite for something academic. ‘Lets talk right to light’ The shadows of big buildings. Hands on explanation. Tom went technical, ‘Right to light is an environmental issue and dealt with through the courts, usually involves injunctions. Daylight and sunshine issues are planning regulations and land in the town & country planning office. Light is old school, regs work around desk height for time old trades like Taylors, how much light is on the cutting desk. Below fifty per-cent of natural light the stakes get higher.
Get your diary out, the next date is May 3rd.
February is the best month of the year. New beginnings for 2018, and insulation tucked up and tight with low CO2.
Jason Roper introduced the Feb 2018 Manchester Property Group
To a familiar full house of developers at the Manchester Chop House venue, MPG ambassador on the MBE team, Carl Lomas bagged some notes. Guests were in for a treat of technical detail on all things insulation with a healthy commercial property pension plan set of financials. Bubbly and dinner on the raffle for business cards courtesy of Lightbulb Leadership Solutions, a partner of MPG marked the first month of the year out of the January blues. This was fresher’s week for the MPG and taking a measure of interaction and the meeting the year ahead looks good.
Jason set a tone that motivated interaction, he explained; "January blues are out of the way. February is the best month of the year for new beginnings. February is like fresher’s week, it’s the week after the famine of January, New Year’s resolutions of gym visits and diets are out of the way. It’s time for Pancake Day with Nutella. Feb 18th is National wine day and February 14th Valentine’s day is time to get drunk with the love of your life."
Jason handed to the first key note speaker, let’s talk property, let’s talk insulation for buildings, technical detail on the lamba values with real world explanation on the supply chain.
Shaun Ryan – Director of Springvale EPS – Exploring some of the environmental and regulatory issues which are becoming ever more common in the development world and talked frankly on the Grenville Tower issues.
Shaun explained his production locations at Glossop and Newcastle and covered the evolving supply chain, product from manufacturer to site without merchant. Get the spec correct and get real world value. Technical talk focused on reducing heat transfer; "Performance is the most important factor. Fibre getting damp or even missing is a big issue. Shrinkage, compacting and settlement is all likely to fail performance on insulation. Carbon and the whole life cycle of the product you use is the measure, you must value cost balance between product and installation cost. Vapour, permeability, breath and not breath are all in the mixing pot for new build and refurb. Wool, natural and expensive, great thermal values, arrives at site in blocks and comes from shearing waste. Icynene spray foam, air tight, open cell, very good thermal. Foam board products, most of the chemicals to make them come from Germany, Brexit and the euro has driven price up as well as a great deal of the chemicals been taken by the Chinese market." A general discussion followed, supply direct from manufacturer to site, be sure you get the spec the architect ordered, it’s not just u value, it’s about getting product match to design, material and performance are the only measure to success for the future owners.
MPG is getting big attendance, developers in the NW are setting diary not to miss. with the familiarity of putting on two key notes, February followed that great combination, insulation sorted, it was time for commercial finance, SIPP / SAS commercial property purchase.
Paul Ramsey – Managing Director of Real Financial Services, City supporter, IFA and former banker was candid and interactive to talk turkey and tax solutions for commercial property. ‘Mind the gap – 15 points, what was the score.’
Back to finance, Paul was energetic with the titles that had big issues for developers and property deals. retirement planning, pensions and wealth preservation. Inheritance tax, critical illness, lending and mortgages to folk as old as eighty!
Talking turkey back in the tax zone, let’s look at capital gain into an EIS, your accountant needs to be more than a book keeper. Paul faced SIPP / SAS property deals, it must be commercial, student let does not count and it can’t be residential.
‘Tis the season to be jolly and our members certainly were this December 7th at our Christmas Cracker Manchester Property Group Event.
This month saw 2 of our partners and 1 of our ambassadors speak at the event along with our very special guest speaker Rugby League player Jon Wilkin.
Partner Clive Gawthorpe from UHY Hacker Young talked all things property related in November’s Budget. He raised some key points for property folk to look out for such as council tax mark up for empty properties and tax implications of overseas property - check the previous post here in our News section of the website for more info!
Next up was Partner Fiona McKay owner of Lightbulb Solutions who delivered a thought provoking insight into the lack of mental health support facilities within the workplace - is there a place for Mental Health First Aiders? Absolutely! In this society of ever increasing demand and high expectations are we and our leaders doing enough to support mental health?
Lightbulb Solutions is providing a 2 day qualification on 8th & 9th of January open to all - contact Fiona to book to avoid disappointment and for an early bird rate! www.lightbulbleaders.com/contact
Followed by Ambassador Terry Flanagan who provided an update on his involvement with Tootoot the award winning platform and app used in schools colleges and universities to help combat bullying. The platform is constantly evolving and branching out more recently into sports clubs providing support to young people all over the country - check them out at www.tootoot.co.uk.
Terry also updated us on the current activities of our chosen charity Mahdlo who provide a huge range of activities at there state of the art youth zone in Oldham. An absolutely fantastic charity to support check out there work and how you can get involved at www.mahdloyz.org
And last but by no means least was our guest speaker Rugby league player Jon Wilkin.
Jon started off his talk with a run down of his sporting career to date, a fascinating story which included playing through a broken nose and some great tales of team nights out. Jon went on to talk about his other passion, coffee and his specialist coffee bar Pot Kettle Black - PKB. Located in Manchester’s Barton arcade an absolute must visit for coffee lovers! www.potkettleblackltd.co.uk
Jon spoke excitedly about his future career which included expanding to new sites with PKB and continuing his punditry with BBC. Something we all took away from Jons talk was his live by mantra of R.E.F :
Resilience - do not give up!
Enjoyment - enjoy what you do if you don’t change it!
Failure - this will only make you stronger learn from them and keep going!
To top off the event was our monthly raffle which saw David Wilcox Architect win a meal for two at Alberts Chop house and MPG member Jim Connell win the bottle of champagne!
Lots of networking and festive drinks followed another fantastic event from the Manchester Property Group.
For information on how to become a member please visit our membership page of the website www.mpg-nw.com
Our next event is 11th January 2018 where we have Phil Cusack Chairman Chambers of Commerce speaking
Blog by Sarah Peel
On 22 November Chancellor Philip Hammond delivered his first Autumn Budget. The Budget had good news for the residential building sector as the Chancellor set an ambitious target of building 300,000 new homes per year – a target which has not been met since the 1970s.
The Chancellor placed a further £15.3 billion in new financial support to house builders, bringing the total to £44 billion. This included £1.2 billion for the Government to buy land to build more homes and £2.7 billion for infrastructure which supports housing.
This target will be difficult to reach, especially with developers’ margins being reduced to increase costs with shortages of trainee staff, funding and materials. The Chancellor hopes the increase in the number of homes will reduce house prices to allow housing to become more affordable. This would seem to be counterproductive.
The reduction of Stamp Duty Land Tax (SDLT) for first time buyers is welcome. The first £300,000 will be exempt from all duty and the next £200,000 will be at the reduced rate of 5%. While this will assist the market, note that this only applies to England and Northern Ireland, plus Wales until March 2018, who will then follow Scotland on having their own SDLT system.
There were also some negatives for the property industry in the Budget, including a crackdown on empty houses, with the Chancellor announcing that councils will be able to charge 200% of the normal council tax rate to unoccupied properties.
For property investment companies the allowance for inflation on the cost of property will stop in December 2017 so future Capital Gains Tax within companies will increase.
Overseas landlords on commercial properties will be subject to UK Capital Gains Tax from April 2019. It is proposed that only the gains from April 2019 value will be chargeable.
Additionally, overseas landlords operating as a company will switch from paying UK Income Tax to paying Corporation Tax. This allows the current interest restrictions and loss relief provisions to apply. The plan is to roll this out in April 2020.
For private landlords there is to be a review of the ‘Rent a Room’ relief and its future, whilst there was a relaxation of rules for property rental businesses to allow them to claim mileage rates from April 2018.
If you wish to discuss how these changes may affect your specific circumstances, please contact me or another member of the team.
No matter what the size of your property portfolio, cloud technology can help you to significantly improve efficiencies and controls within your business.
Traditionally, large property management systems can be quite complex, clunky and not particularly easy to use, especially when it comes to managing client monies. However, cloud software provides a new approach for the property industry.
Such software is generally not only very easy to use, but also has direct links to other apps and websites including Office 365 and Rightmove, streamlining processes and making managing your property portfolio much easier.
As a result of utilizing cloud technology, the need to rekey data from one platform to another is significantly removed, and on average, processing time is cut by over 50 per cent.
Cloud software has the ability to automatically send out rental invoices throughout a tenancy period and offer the tenant the option to pay online directly through the emailed invoice.
The technology can go even further and chase the debts as they become payable, with more severe reminders sent should the debt become overdue. These features have seen a real improvement in cash collection, and reduction in bad debts.
Contract renewals, inspections and routine maintenance reminders can all also be automated to ensure a key date, task or event is never missed. These reminders can be in the form of emails, text messages or in app reminders meaning you’re in control whether in or out of the office.
Another key benefit of cloud software is it allows costings and profitability on development and renovation projects are also easily reported on, and can be drilled into right down to individual invoice per property.
If you’re looking to manage your property portfolio easily and efficiently via one multi-user platform cloud accounting is the solution for you.
Should you have any questions about cloud accounting and how it may benefit your business, please do not hesitate to contact Stuart Hurst, head of Cloud Accounting at UHY Hacker Young in Manchester, on 0161 236 6936 or email email@example.com.
We had an amazing opening keynote speech for the launch of MPG on 7 November 2017, from Mr Tom Bloxham, MBE, the Chairman of Urban Splash. He shared with us his journey and his vision for regenerating urban properties and improving regeneration across the UK, but more importantly I was energised by his clarity and vision for what comes next for Urban Splash in our towns, cities and property landscape.
So how do you take / we all take control and accelerate through 2018 and beyond, against the backdrop of market uncertainty and the looming issues that Brexit will bring? My answer is: vision velocity or lack of it!
70% of change initiatives fail in business, why is that? Because the vision, destination and planning are all unclear.
What two things impede vision?
Permission and hierarchy are the lethal blocks to visionary work.
Top tier leaders must create inclusive cultures that allow contributions from all areas of their organisations, irrespective of title or tenure of staff.
Leaders must unlock their thinking patterns, remove barriers and give themselves and others the permission to imagine new ways of working, in a landscape of constant change and possibility.
Take some feedback first - however painful!
Setting a vision and inspiring others to follow is a joint contribution which emerges primarily from a culture of feedback, across all levels. Giving and receiving feedback is a muscle that must be exercised; outstanding leaders work tirelessly on feedback from all areas, isolate what they don’t know, identify their areas from improvement, then work hard to fix it, however painful the feedback.
Flex your muscle
The good news is it you can improve your vision in a number of ways, but it takes a certain type of creative practice. Take a deeper dive into how I help some of the best leaders in the world craft their vision, solve the toughest business challenges and transform their organisations at Fiona-McKay.com.
GET IN TOUCH
Fiona McKay is an award-winning entrepreneur, CEO coach & business strategist, International keynote speaker & the MD of Lightbulb Leadership Solutions.
Carl Lomas was at the Chop House as MPG steps into a new level with Chop House chip & bacon butties.
Roller coaster property adventures delivered by Tom Bloxham MBE and hot of the press interest rate advice by Clive Gawthorpe UHY Hacker Young.
Chop House chip butties for full house Manchester Property Group
The MPG event opened by Jason Roper who talked concept of event for real estate, open, honest, informal, no pressure, a network of meetings. Almost three years in the making as the next chapter begins.
The next chapter was big, clear your diary, the next three years event dates need to be blocked out. MPG has become a must attend and the November meeting wowed the property folk of the north, Hacker Young talked interest rate, first rise in ten years before a sincere delivery by Urban Splash, property guru Tom Bloxham MBE.
MPG key note delivery. Founder of Urban Splash, Tom Bloxham launched a raft of slides in a pictorial roller coaster extravaganza of Northern property stories that left the audience speechless. A whole new level of MPG. Tom talked beginnings with Knocker jobs and burning brief case sales of fire extinguishers. A move to Manchester for University and sales of vinyl before a step to posters, student Union sales to Glastonbury. First shop in the Affleck Arcade, then subletting and rent collecting. The property step was made. First property was in Liverpool to form a cluster. 1994 first conversion, twenty seven pounds a foot sold for sixty pounds a foot. The power-point pictures rolled on a portfolio of property adventures. Duice House Manchester, workspace for young entrupeniers, starting thousands of new business opportunities for the Northern powerhouse. Matchworks Liverpool, Fort Dunlop Birmingham, Saxton Leeds, Albert Mill. Tom talked modular construction and choice for residential. Projects on the go, Park Hill Sheffield, duplex and corridors, new elevations, six storey atrium, high ceilings, a whole new quarter, social housing with amazing views. Audience spellbound, Tom talked about the UrbanSplash brand, today we have 92 on the team and almost 400 awards. Tom closed with a big finish from Athens! Quotes of the ancient times motivated the MPG audience, ‘We shall leave this city not less but greater.’
Clive Gawthorpe, Hacker Young, opened, on the day news of 0.25 per-cent interest rate rise. First rise in ten years. ‘The govt has moved digital tax back to 2019, it’s still hand written books!’ Clive touched on Landlord interest relief, the instructions have changed. HMRC have re-written the advice books, relief is only available for funds borrowed against property. If a draw down is taken form a re-financed property, for it to remain in tax relief it must all be used for property, beware of removing a cash block! Clive announced Hacker Young’s, ‘Global real Estate guide’ just published, hot of the press and waiting on the Hacker Young web for you.
Charity talk was by Mahdlo, Oldham spelt backwards. A passionate tale of property and support. Audience were spellbound as Mahdlo talked David Lloyd quality facilities for the hard to help youngsters, five quid a year membership and fifty pence a visit. There was duke of Edinburgh access without cost to see opportunity for all. 35 different sports provided, art and music for trouble youngsters in the area in a property fit for national level athletes. Oldham’s only big climbing wall. MPG members are encouraged to visit and see the property first hand, funds are always needed and this is local delivery that you can see changing youngsters lives, Nov 11 MAHDLO winter ball and there are tickets left, MPG come on down.
Paul Ramsey, Real Financial Solutions sponsored the prize draw, big decisions for winners, Chop House dinner or best Bubbly in the Box. Chip butty finish was spot on as the Manchester Property Group networked
Institute of Couriers Chairman Carl Lomas swept to final mile by express sector support
Shirt and tie, no lycra for cycle run by IOC chair in Transaid cycle run from TFL HQ to final mile in Paris via courier company pit stops with a hundred thousand tweets of energy and support of the family of express sector, Sunday celebration when Carl removed his Carmen tie from a job well done for Transaid transport charity.
Mike Brown TFL launched Lomas and the #IOC4Transaid tweet followers on the London cycle supper highway last Thursday. Lomas went on the road on his cycle for four days., Citysprint, Steve Knibb organised the first pit stop at their Guildford office. Team Joanna, Rachael and Matt gave POB for a CitySprint breakfast heading for a Horsham BACA workwear fudge lunch by Marc Calder at the Ryman DHL High street drop shop. UPS Mike Cooper, Newhaven office saw Carl on the ferry where he landed Dieppe for the Saturday morning with a French laPoste electric cycle escort out of the city post codes. Rouen Cyclo click box visit then a run to Evreux. Sunday last push to Paris where Lomas joined fifty other Transaid cyclists set to raise a hundred thousand pounds for Transaid. DHL, XPO, Bullet form Glasgow all pushing air to slipstream Lomas in an express sector peloton to the last mile finish.
Eiffel tower celebrations roared into applause as Lomas final removed his Carmen tie from a job well done.
IoC Chair Carl Lomas vowed to complete the Princess Royal's Transaid charity cycle run from London to Paris at the May Microlise conference. Having never been on a cycle for twenty five years, it was a big ask for the IoC Chair, who has completed 500 miles training in the last six weeks, matching the 500 year celebration of the Carmen Livery with support from Carmen master Marsh Rae-Ratcliff.
Carl comments ‘I did 500 miles of 25 mile training runs in six weeks and the express sector finished the job with mega motivation to Paris. A big thank you to the Condor cycle team in Grays Inn road who re-built the bike, a 25 year old TVT courier cycle, enormous thank you to the Transaid cyclists bringing me in to those last miles, could not have done it without them, express sector is a family like no other.’’
Check the full story on the Institute of Couriers web at:
500 miles training for 500 years of Carmen Shirt and Tie, London to Eiffel Tower for final mile of four days delivery by IOC chairman Carl Lomas.
Carl Lomas is a proud ambassador of MPG, and comments, ‘The MPG group has been a great network to facilitate introductions on a low key without a full on sell.’
Chairman of the Institute of Couriers. fellow in logistics at University of Derby. Sec to the BIS / Inst for apprenticeship trailblazer phase three bid for courier qualification 'express delivery'. Chairman GTA, Logistics Skills Alliance, a coalition between West Thames FE College, private training provision and employers around Heathrow. Elected April 2016, TFL LoCITY Van group chairman. Inaugural chair for TFGM Urban deliveries group launched Sept 2016 run by Helen Smith. Proposed to FORS governance role 2016 representing final mile. Sec to the LLEP Transport priority group. Former inaugural chair D2N2 LEP transport logistics group. Liveryman and court member of the worshipfull company of Carmen. FE gov council member for Buxton & Leek College. A graduate in Computer Science, post graduate certificate in research at MMU & doctorial research candidate at Derby Univ with a thesis on internet e-retail logistics.
2017 Key note speechs, Omnichanel conf Conaught Rooms London Sept 17 – Microlise Coventry arena July 17 - heads of Industry Heathrow - Intralogistex & Apprentice 4 England at Coventry - short extracts in the Linkedin postings.
Previous formation of a group of London courier companies before development of first NVQ qualifications for motorcycle couriers, development of Courier Training company in London, TSC grade 1 award for excellence, Adult Learning agency OFSTED grade twos for training, IIP and BS5750 achieved. Freeman of London. Fellow of the RSA, RCIYC member, long time member of IOD,
Former roles - expert advisor to the Learning Skills Development agency. National Council member of Sills for Logistics and chairman of the mail & logistics group for the skills council. Vice Chairman of the Despatch association, Chairman of the National Motorcycle Council NTO board member Road haulage Dist Training Council, RHDTC, board member NSAL National Skills academy Logistics.
World sailing adventurer. author, 'Certain death in the Ice.' (London Press)
This time of year is an excellent time for a reboot after our vacations, and a great way of doing that is by taking the time to reflect on the feedback we’ve given and received throughout the year.
I’d like to share with you the results of a survey that I recently conducted - the outcome was staggering:
80% of CEOs said improving workplace feedback across all levels in their organisations would have a direct impact on bottom line profits!
It's the thing that I get asked to do the most by CEOs. "Give it to me straight", "Don't hold back", "Be honest" - these are just some of the questions I'm asked by the global leaders that I coach, desperate to unlock what may be stopping them from achieving greatness. Those able to act on feedback, however painful, are the CEOs of businesses and brands able to really innovate and adapt in times of market uncertainty.
Do you need to hear some honest feedback on your performance and improve your feedback function? It could be the key to unlocking your profit potential quicker than you think.
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Take a tour around Fiona-McKay.Com today and learn how I help the C suite to solve the toughest business challenges, execute complex change and improve results in performance, people & profits.