As a UK limited company owner, you may be wondering if it is possible to get a mortgage for yourself or your company. The answer is yes, it is possible, but the process can be a bit more complex than it is for individuals. In this article, we will explore Read more…
1. Understand the Lender’s Criteria When applying for a mortgage as a self-employed person, it is important to understand that lenders have different criteria for self-employed applicants than they do for employed applicants. Self-employed applicants typically have to provide more documentation and evidence of their income and financial situation. Some Read more…
Landlord Eviction Ban The landlord eviction ban in Scotland was introduced on 7th April 2020 and has been extended multiple times since then. The current eviction ban is in place until at least 31st March 2022. Under the current rules, landlords cannot evict tenants from their properties except in certain Read more…
If you are planning to rent out your property on Airbnb in Scotland, you must first obtain an Airbnb license. This license is mandatory for all Airbnb hosts in Scotland and failure to obtain it can result in fines of up to £50,000. In this guide, we will walk you Read more…
Investing in the UK property market has always been popular, especially for those looking to invest in rental properties. With the rise of limited companies for property investment, many investors are considering the ‘buy to let house purchase’ option in a limited company structure. In this article, we’ll explore the Read more…
How to Use the HMRC Flat Rate VAT Scheme to Calculate and Pay VAT for Small Businesses The HMRC flat rate VAT scheme is a simplified way for small businesses in the UK to calculate and pay their Value Added Tax (VAT). Instead of keeping track of the VAT on Read more…