gary-n got a reaction from tn1234 in Opening a Business Bank Account in the current climate - Starling?
We have also just set up a new ltd company to purchase BTL’s, with our first company purchase part way through but now on hold due to the situation.
We have set up our company bank account through Starling and found the set up process extremely simple with all documentation provided electronically and was all done in a day.
This was done before the crisis really kicked in so I can’t comment if service levels have been impacted since but my guess is the majority is automated so hopefully you won’t see a huge difference in set up time.
Also because the purchase hasn’t completed yet so we have only made a few transactions but the app is easy to use from our limited usage to date.
Good luck with the purchase and let us know how you get on
gary-n reacted to julia urquhart in Economic Crash: Should we be feared already?
Whilst not searching for purchases that are facing through I think Onkar may have the right idea. The world seems a scary place now - but it looked scary after 9/11 and in 2008.
We will get through this. Govts etc are throwing money we never knew they had and we will come out the other side. People have very short memories so you should plan to be in the right place when we emerge from this crisis and now may be the best buying opportunity for a while.
If you are buying, double check all your assumptions; recalculate your numbers and if it all still looks good carry on.
DO NOT PANIC! Don't be headless chicken and above all in these uncertain times BE KIND!
Stay safe everyone.