Thx Jon. Yep close to this and have sold what I needed to to minimise impact. That was 'my reaction the the 2015 budget' and I sensed there was more coming...I still do. Appalled. I didn't apologise for C24. Retrospective...
Reply to the comment left by "Appalled Landlord" at "17/11/2016 - 12:06": Had to check progress due to numerous updates today.....I try every few months to see what has changed in the thinking. ''The deduction of our interest is a...
Reply to the comment left by "Kathy Evans" at "22/06/2016 - 16:41": Hi Kathy If you have bought in an area which is below the prices you paid 10 years ago...then I agree the drops will not be near 30%....
Reply to the comment left by "Mark Shine" at "20/06/2016 - 23:27": None...not defending the other forum. Also I see that if the purpose of all this is to cut lending then limited companies appears to be a rather large...
Reply to the comment left by "Mark Shine" at "20/06/2016 - 21:10": “Debt and the impact it has on prices” – I take it you are not saying this is not applicable to cheaper owner occupier debt? It is not...
Let you know at the end of the week re inflow. :) Assumption is BTL improves supply. BTL may buy most new builds but that drives prices. The threat of a 30% house price drop is no longer perceived as...
Reply to the comment left by "mark andrews" at "19/06/2016 - 18:28": Debt and the impact it has on prices was always my issue. I doubt the forums here will acknowledge it. Make no mistake rents will be driven by...
If it's a peppercorn rent and the leases are long the freehold can be worth very little. The freeholder maybe responsible for maintainance and insurance of the structure and if there is s leaky roof you maybe able to insist...
Tenants left a flat last month (a month early due to an unplanned baby arrival) and I asked them to leave it immaculate to help me out. They did - but they left the kitchen walls to highlight the 'damp'....
Just been catching up on the last few dozen pages or so and the direction a topic is a really useful. The debates about YOUR position, the impact on YOUR tenants, YOUR mortgage payments, YOUR tax position lets me know...
Reply to the comment left by "John Walker" at "19/01/2016 - 17:57": If we all evict one tenant each that would cause an outcry and bring the spotlight in as you suggest. However, I think one of the Pharaohs tried...
Reply to the comment left by "Jonathan Clarke" at "20/01/2016 - 23:37": Without wishing to sound overly philosophical (and this differs dependant on people's age, current viewpoint and assets) - my view was I start enjoying myself today. Work out...
Some good balance of viewpoints given here. My experience is buy, renovate, sell has always been most lucrative. It also allows exit from the market should your circumstances change. Being a LL is a position I hold because I have...
I have leveraged short term in the past and have debts which for many would seem high. However, overall I am around 20% lending and dropping. My worry is leveraging over a 25 year period will inevitably result in a...
Reply to the comment left by "H B" at "09/01/2016 - 17:23": Your comment 'in an ideal world I would double rents' - Good luck with that. Not the greatest vision for an ideal world. Think I am out again....
Thanks guys. Appreciate responses, still the odd "too good to be true" jibe about any contra views but some positives too. Jonathan I have not raised subject re social acceptability but appreciate the sentiment. For example, my council protects HB...
Reply to the comment left by "Jonathan Clarke" at "08/01/2016 - 23:07": Thanks, appreciate the reply and made me reflect. Morals implies I am suggesting BTL as a deliberate act was wrong but I was not saying that. I was...
I commented last about 300 pages ago....shot down for a contra view that more changes were on the way. It was, and not least stamp duty. Basel III pending and I can see all interest only loans requiring plans in...
My objectives were to own my house outright by 30 and have enough to retire by 40. Both achieved comfortably. But property is something I love absolutely. I would have some tips which are generally not well received with many...
Reply to the comment left by "Mark Brown" at "03/10/2015 - 23:46": You say I gloat a little. You say "Adam Prospect likes to gloat a little and suggest a higher level of intelligence and a considered political and economic...
17th November 2016, 9 years ago
Thx Jon. Yep close to this and have sold what I needed to to minimise impact. That was 'my reaction the the 2015 budget' and I sensed there was more coming...I still do. Appalled. I didn't apologise for C24. Retrospective...
Read More →Reply to comment left by Appalled Landlord at 17/11/2016 - 12:06
Reply to the comment left by "Appalled Landlord" at "17/11/2016 - 12:06": Had to check progress due to numerous updates today.....I try every few months to see what has changed in the thinking. ''The deduction of our interest is a...
Read More →Reply to comment left by Kathy Evans at 22/06/2016 - 16:41
Reply to the comment left by "Kathy Evans" at "22/06/2016 - 16:41": Hi Kathy If you have bought in an area which is below the prices you paid 10 years ago...then I agree the drops will not be near 30%....
Read More →Reply to comment left by Mark Shine at 20/06/2016 - 23:27
Reply to the comment left by "Mark Shine" at "20/06/2016 - 23:27": None...not defending the other forum. Also I see that if the purpose of all this is to cut lending then limited companies appears to be a rather large...
Read More →Reply to comment left by Mark Shine at 20/06/2016 - 21:10
Reply to the comment left by "Mark Shine" at "20/06/2016 - 21:10": “Debt and the impact it has on prices” – I take it you are not saying this is not applicable to cheaper owner occupier debt? It is not...
Read More →Reply to comment left by Monty Bodkin at 20/06/2016 - 22:16
Let you know at the end of the week re inflow. :) Assumption is BTL improves supply. BTL may buy most new builds but that drives prices. The threat of a 30% house price drop is no longer perceived as...
Read More →Reply to comment left by mark andrews at 19/06/2016 - 18:28
Reply to the comment left by "mark andrews" at "19/06/2016 - 18:28": Debt and the impact it has on prices was always my issue. I doubt the forums here will acknowledge it. Make no mistake rents will be driven by...
Read More →26th March 2016, 10 years ago
If it's a peppercorn rent and the leases are long the freehold can be worth very little. The freeholder maybe responsible for maintainance and insurance of the structure and if there is s leaky roof you maybe able to insist...
Read More →16th March 2016, 10 years ago
Tenants left a flat last month (a month early due to an unplanned baby arrival) and I asked them to leave it immaculate to help me out. They did - but they left the kitchen walls to highlight the 'damp'....
Read More →2nd March 2016, 10 years ago
Just been catching up on the last few dozen pages or so and the direction a topic is a really useful. The debates about YOUR position, the impact on YOUR tenants, YOUR mortgage payments, YOUR tax position lets me know...
Read More →Reply to comment left by John Walker at 19/01/2016 - 17:57
Reply to the comment left by "John Walker" at "19/01/2016 - 17:57": If we all evict one tenant each that would cause an outcry and bring the spotlight in as you suggest. However, I think one of the Pharaohs tried...
Read More →Reply to comment left by Jonathan Clarke at 20/01/2016 - 23:37
Reply to the comment left by "Jonathan Clarke" at "20/01/2016 - 23:37": Without wishing to sound overly philosophical (and this differs dependant on people's age, current viewpoint and assets) - my view was I start enjoying myself today. Work out...
Read More →20th January 2016, 10 years ago
Some good balance of viewpoints given here. My experience is buy, renovate, sell has always been most lucrative. It also allows exit from the market should your circumstances change. Being a LL is a position I hold because I have...
Read More →20th January 2016, 10 years ago
I have leveraged short term in the past and have debts which for many would seem high. However, overall I am around 20% lending and dropping. My worry is leveraging over a 25 year period will inevitably result in a...
Read More →Reply to comment left by H B at 09/01/2016 - 17:23
Reply to the comment left by "H B" at "09/01/2016 - 17:23": Your comment 'in an ideal world I would double rents' - Good luck with that. Not the greatest vision for an ideal world. Think I am out again....
Read More →10th January 2016, 10 years ago
Thanks guys. Appreciate responses, still the odd "too good to be true" jibe about any contra views but some positives too. Jonathan I have not raised subject re social acceptability but appreciate the sentiment. For example, my council protects HB...
Read More →Reply to comment left by Jonathan Clarke at 08/01/2016 - 23:07
Reply to the comment left by "Jonathan Clarke" at "08/01/2016 - 23:07": Thanks, appreciate the reply and made me reflect. Morals implies I am suggesting BTL as a deliberate act was wrong but I was not saying that. I was...
Read More →8th January 2016, 10 years ago
I commented last about 300 pages ago....shot down for a contra view that more changes were on the way. It was, and not least stamp duty. Basel III pending and I can see all interest only loans requiring plans in...
Read More →23rd October 2015, 10 years ago
My objectives were to own my house outright by 30 and have enough to retire by 40. Both achieved comfortably. But property is something I love absolutely. I would have some tips which are generally not well received with many...
Read More →Reply to comment left by Mark Brown at 03/10/2015 - 23:46
Reply to the comment left by "Mark Brown" at "03/10/2015 - 23:46": You say I gloat a little. You say "Adam Prospect likes to gloat a little and suggest a higher level of intelligence and a considered political and economic...
Read More →Showing 20 of 37 comments