Keep up to date with the latest news and information from UHY Torgersens in Sunderland, Newcastle and Jarrow
Furnished holiday lets – are they a good investment?
June 18, 2018
What could be more appealing than owning a property in your favourite seaside resort or rural retreat, which you can use when you want to and rent out for profit for the rest of the year? With claims of much better returns than those offered by residential lettings the interest in furnished holiday lettings (FHLs) is on the rise.
The buy-to-let sector – an overview
June 6, 2018
During the 80s and 90s about 10% of households in the UK occupied homes owned by private landlords. However, in the 1990s the increased availability of mortgages to buy properties to let sparked off a growth in this type of investment, so that the number of homes in this sector rose from 2.5 million in 1999 to 4.5 million by 2016.
Innovation: the key to business success
May 30, 2018
A few years ago, we were invited to review a business plan prepared by a start-up company with an innovative idea. The company had been declined investment by a venture capitalist. A good deal of market research had been carried out, key potential customers had indicated their interest, and the company’s bankers had offered some support.
UHY Torgersens joins Durham Cathedral’s Foundation 2020 initiative
May 23, 2018
UHY Torgersens has become a partner of Foundation 2020, an initiative established by Durham Cathedral with an aim to build a £10 million endowment by the year 2020.
May 18, 2018
This month we look at questions relating to mortgage options for landlords, inheritance tax and offsetting the purchase costs of a property against rental income.
Cloud accounting case study: Seaham Harbour CIC
May 9, 2018
We are very pleased to bring you a case study based on the experience of Seaham Harbour Community Interest Company (CIC), a client of UHY Torgersens who we have recently worked with to transition to a cloud accounting system.
Artificial Intelligence and your business
May 1, 2018
Recently, a radio presenter discussed Google’s speech recognition device, Alexa. Many listeners who owned such devices noticed that each time the name was mentioned on the radio their own Alexa responded. They realised that Google was in fact eavesdropping on all their conversations. Some felt uncomfortable.
The features and benefits of cloud accounting- part two
April 25, 2018
Further to last week’s blog introducing the features and benefits of cloud accounting- part one, we now look at the potential cost savings that business can make, how data can be accessed from a range of devices and by multiple users, and the improvements in data back up and security.
The features and benefits of cloud accounting – part one
April 16, 2018
In the first of two blogs, we look at the main ways in which SMEs can benefit from transitioning to Cloud Accounting.