All Savills Lending Solutions staff have today entered a period of consultation.
A spokesman for the firm’s parent company Savills Private Finance, says: “All Savills Lending Solutions today entered a period of consultation with all employees due to continued difficult trading conditions.”
In December 2009 all eleven staff members at the packager were placed into consultation, which at the time was blamed on a lack of funding and lenders withdrawing from the market.
At the time only a couple of redundancies were made.
Rob Jupp, formerly managing director of Personal Touch Packaging joined Savills in September 2008 to launch SLS.