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BUYING A PRACTICE

Buying a practice can be a daunting prospect with so many factors to take into account.

Practice Financial Management Limited can assist you with our wealth of experience advising dentists on dental practice acquisition. As well as finance and insurance provisions, we also offer guidance in specialist areas such as patient transfers, the legal process and indeed, what to look for and where you should start.

If you have not already found a practice maybe we can help through the Practice Financial Management Limited sales agency.

If you have found a practice or you are buying into a partnership or expense sharing practice we could help you with:-

  • A Valuation of goodwill, fixtures, fittings and equipment.

  • Negotiation of Finance.
    Our charges for arranging finance are ½% of the loan amount (i.e. £750 for a loan of £150,000).
    However, where a bank or other lender pass us a procuration or introduction fee, this will be used to offset some or all of our charges.

Your home may repossessed if you do not keep up repayments on your mortgage or any other loan secured on it.

The Financial Services Authority does not regulate unsecured finance and some aspects of secured finance.

 

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