If you are planning to buy a home (or even to rent) in Manchester, our property accountants can help you to make sure your finances are in order, so there are no nasty surprises later on.
Applying for a mortgage will inevitably bring your finances under scrutiny anyway, and if you are self-employed, a first-time buyer, in an unconventional living arrangement or in any other way fall outside the profile of a ‘normal’ applicant, you will need to be able to prove your income more than most.
The Home Stretch, a newly published report from the Resolution Foundation, notes that there are pockets of affordability problems throughout the UK, and not just in the south where you might expect to encounter them.
“The areas where housing squeezes family budgets are not evenly spread throughout Britain, and some regions fare relatively well, though there are hotspots in all parts of the country,” the report says.
“Modest income households renting privately face an affordability challenge in less than 5% of local areas across the Midlands, Wales, Scotland and the North, including Aberdeen, Manchester and Blackpool.”
Whether you are looking to rent or to buy, our property accountants can advise you – and of course, on the flipside, we can also deal with landlords keen to make their property available to private renters at an affordable rate.