Quote:
Originally Posted by k0nr4d
I think it's best if you don't mention a damned word about the adult industry, because on top of not getting a mortgage they'll close your account XD
When I had a mortgage, I never had to show the bank anything besides financial documents/tax returns.
Also, absolutely terrible time to buy property or take out a mortgage. Wait a bit, the prices will drop because too many people don't qualify for mortgages at 7% interest. At best you'll be locked in at a super high rate for years.
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Yes, you're probably right there. I might have difficulties because they have a self-assessment system here where you can opt to be taxed under a standard flat rate for expenses, which I do as my expenses are below the standard rate. However, it means I've never bothered to record a proper profit and loss account
It's a bad time to buy a property, especially here in the Czech Republic as the prices are the most inflated in Europe. But at the same time the laws here are very weak for tennants, with the landlord being able to kick you at short notice if they wish to sell the property, use it for themselves, or even to take in Ukrainian refugees. I really would like some security.