I am involved with horses and the Livery yard where I keep my horse is in financial trouble since the recession but they have managed to keep the business viable to date. The financial issues are largely related to the mortgage on the business premises, as it is in negative equity to a large degree.
In the last few months it has come to a head and the bank have appointed a receiver. The yard went on the market briefly priced at 25% of the mortgage but after a court appearance the yard...
Repossession of a business premises
In the last few months it has come to a head and the bank have appointed a receiver. The yard went on the market briefly priced at 25% of the mortgage but after a court appearance the yard...
Repossession of a business premises