Financial considerations when selling buy-to-let property

When selling buy-to-let property, there is a host of secondary considerations you need to factor in to your decision. This will ensure the transaction is financially advantageous. Here, we’ll give you some quick tips to consider when selling buy-to-let property. Capital gains tax If you acquired the properties you intend to sell several years ago, chances are…

4 common accounting errors small businesses should avoid

Starting out as a small business owner is hard enough without the worry of rectifying accounting errors. That’s why we’ve prepared this handy list of four common accounting errors to avoid: 1. Confusing cash-flow and profit Mixing these up can jeopardise the development of your business by leaving you unexpectedly short of cash. Cash-flow covers both your incomings and outgoings (overheads, supplier…

3 financial tips for becoming an international freelancer

Becoming an international freelancer is an effective means of diversifying your operations. In today’s digital world, working across borders is easier than ever. Your client can benefit from your specific expertise or local connections, while you can make your services available to a whole new market. But, snapping out of the status quo and setting yourself up…

Buy-to-let mortgage activity halves following stamp duty changes

Buy-to-let mortgage activity has fallen by half since April 2016, according to new figures from the Council of Mortgage Lenders. In the year since April 2016, 71,000 new mortgage applications were submitted by people looking to purchase buy-to-let property. However, the total number of applications made in the preceding 12 months stood at 142,100. Let’s…

Small business borrowing is on the up

Small business borrowing has risen sharply in spite of political factors including an unfavourable budget and the triggering of Article 50. This trend was revealed in a new report from the National Association of Commercial Finance Brokers (NACFB). What are the report’s key findings? The report found that the average value of funding requests submitted by small businesses…