Is it the end of the UK buy to let market?

Posted 22nd February 2016 at 1:52 pm

Buy to let

    Given the changes made in the budget, it will be interesting to see what long-term effect this has on the buy-to-let market. The Residential Landlords Association predicts that 1 in 5 landlords in the UK might sell their property freeing up property for first time buyers. However, with the additional increase in stamp duty a survey by the Bank of England has predicted demand for buy-to-let mortgages to grow before April 2016 following a surge at the end of 2015. Although the most likely scenario is that landlords could be trapped into pushing up rents, having a nasty... Read more

Is it time to hire an accountant?

Posted 8th January 2016 at 2:39 pm

Like many businesses in the UK, 2015 may have been an extremely successful year for you. Since this time last year you may have grown in size by doubling your sales, increasing your revenue or extending your workforce. However, this could also mean that your finances have become much more complicated than completing a simple spreadsheet to track your work, invoices and payments in preparation for an online tax return. All of a sudden you may have new things to consider, such as would it be beneficial to become a limited company? Should I move premises to cope with expansion?... Read more