
Rent or Buy the Commercial Unit?!
James Sinclair's Business Broadcast
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How to Get a Mortgage for Your Business
If your business is generating 3, 400,000 pounds worth of profit, you'd have to go to a private bank and explain to them, like, I'm going to live there and run my business from here. It can be quite tax efficient, by the way, that you can have money come in and you get these write-offs from working at home or stuff like that as well. If you buy a house with a granny annex on, that will give you a considerable stamp duty saving. There's called multiple dwellings relief. We've just put a module in there to explain how you can do that. But if it was me, that's what I'd be doing because
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