In Uncertain Times, Certainty Matters: Why Now’s the Time to Lease Your Fitout

Business investment in the UK is predicted to be weaker going forward as many firms become more cautious amid “high levels of uncertainty” in global trade.

The recently imposed tariffs on the UK and other countries are expected to dampen business and consumer confidence as well as reduce demand for goods and services.

Businesses grow amid certainty, so an unpredictable global market means we are seeing lower levels of business investment over the short term.

We are experiencing this first hand as businesses have been showing reticence in committing to a new building lease or investing in new products. Clients are quite rightly wanting to keep cash in the business.

However, with interest rates set to drop this Thursday, now is a very good time to consider spreading the cost of a fitout project on a lease rental. Payments are fixed for the term so leasing your fitout costs now means certainty over the next 3 to 5 years.

It also means you can afford the environment you want rather than being restricted by budget and on top of this, the payments are 100% tax deductible.