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.