[dublinclontarf]

This is what business indemnity insurance is for, get covered to a minimum of £50K.

If you don't own a house and are brining in less than £70K PA it may or may not be worth registering a Limited company.

[UK-AL]

If you don't own a house, you probably have tons of cash which is even easier for people to get their hands on.

[Keats]

Lots of companies will not want to deal with you if you don't have a ltd though.