FAQs
/ FAQs
We have been operating in the UK for the past 25 years and help with your purchase procedure
from inception till the end. We are able to provide information and analysis based on current
market trends and predictions which has left our clients satisfied over the years. We see
ourselves as a one stop shop for all our client’s property needs and are prepared to hold your
hand and take the burden through what can be a very frustrating and time-consuming process.
We offer a be spoke service to each client and source for options based on client demand to
make sure all our client’s property needs are fully met.
Yes. We can introduce clients to various institutions that can grant a mortgage subject to each
client satisfying the financier’s lending criteria. Typically, such lenders will advance a maximum
mortgage of 65% of the value of the property with the client needing to have a 35% deposit. As
always, we would work with you through the entire process until it is approved.
There are various online banks that Nigerians can open accounts with and receive rental income
within the UK. We are willing to make introductions to these platforms and make sure each
client has an avenue to receive their rental income.
The short answer is yes, though it is possible to receive rental income in the UK and still not be
liable for any taxes. Registering to ay UK taxes can be straightforward with our help. As
accredited members of the HMRC Non-Resident Landlord Scheme, the first step is for us to get
the landlord registered with the HMRC as a Non-Resident Landlord which allows you to receive
your whole rental income without the automatic tax deductions by any agent.
We are also HMRC registered tax agents and work with our contracted accountants to ensure
that tax computations are carried out on your rental income. UK tax allowances are also utilised
where possible to reduce and, in many cases, wipe out any tax liability.
We have different ways which we help. A lot of the properties we sell to clients are already
tenanted before purchase so it makes the switch seamless. If this isn’t the case then we also
have partners who provide guaranteed rent whether or not the property is tenanted. We have
been running this for over 10 years which sees us source for quality tenants for our clients to get
into a legally binding contract for rent to be paid monthly. This scheme would usually see
landlords get lower rent than market standard as it takes away the risks of any void periods that
are prevalent with some private tenants.
We provide 24/7 complete property management services between us and our partners Acuity
Assets around the UK. This way we take the weight off clients and deal with all matters to do
with your property. We arrange for all bills to be paid with each client’s consent and vet each bill
to make sure they are correct then paid on your behalf usually deducted from client rent.