The last Bank of England Base Rate increase took effect on 4th August - changing from 1.25% to 1.75% - and this increase has already had a significant impact on those with finance loans. So, with the announcement of yet another increase - this time to reach 2.25% - what exactly does this mean for you and your dental practice?
If you are thinking of selling your dental practice, it is important to get an up-to-date valuation from an independent expert to determine its current market value before you progress a sale.
Whether you are looking to buy your first – or next – dental practice, the decision is a huge financial commitment. It’s normal to feel overwhelmed if you’re not familiar with the buying process, and we therefore highly recommend consulting with experienced financial brokers specialising in the dental industry, who will be able to smoothly guide you through each key phase of buying a practice.
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