Hi Lou I am in my mid-30s, but my parents are in their early 80s and benefitted from the extreme bull market of the 1980s to early 2000s. Whilst they have a strong net worth from the property value (unencumbered),...
Reply to the comment left by Freda Blogs at 07/08/2019 - 13:58I agree with Freda here. If we've had any student fall-outs between themselves one or two have agreed to leave at the end and the others have found replacements...
Reply to the comment left by Freda Blogs at 07/08/2019 - 11:14One thing I haven't been able to find is if the HMO is let on a room-by-room basis but say only half of the rooms are let to students...
@Nick Faulkner has your local council ever done property inspections around this student/HMO/council tax matter? I am not referring to the standard set of inspections surrounding the issuance of an HMO licence but moreso around where liaisons are taking place...
If all tenants in the properties are students then CT is definitely not due. As a landlord, as long as you can provide the following you are good to go. Do NOT let them harass and bully you! I have...
Hi Daren, Why just property? Have you looked at other options? For example, do you and your wife both top out yout £20k Tax Free Stocks and Shares ISA allowance every year?
Through a Ltd Co, you can also look into leasing the car (PCP) and claiming the full lease payment as a business expense, thereby reducing your Corporation Tax liability. Some great PCP deals out there now and if worked correctly,...
All of our residential rental properties are student homes and we get very good rental yields from them. People skills are a must I might add. Anyone else bit into student lets? If so then please get in touch -...
Reply to comment left by Gary Thomas at 19/04/2024 - 17:09
Everything beats the FTSE 100 lol
Read More →19th April 2024, 2 years ago
Hi Lou I am in my mid-30s, but my parents are in their early 80s and benefitted from the extreme bull market of the 1980s to early 2000s. Whilst they have a strong net worth from the property value (unencumbered),...
Read More →Reply to comment left by Freda Blogs at 07/08/2019 - 13:58
Reply to the comment left by Freda Blogs at 07/08/2019 - 13:58I agree with Freda here. If we've had any student fall-outs between themselves one or two have agreed to leave at the end and the others have found replacements...
Read More →Reply to comment left by Freda Blogs at 07/08/2019 - 11:14
Reply to the comment left by Freda Blogs at 07/08/2019 - 11:14One thing I haven't been able to find is if the HMO is let on a room-by-room basis but say only half of the rooms are let to students...
Read More →6th August 2019, 7 years ago
@Nick Faulkner has your local council ever done property inspections around this student/HMO/council tax matter? I am not referring to the standard set of inspections surrounding the issuance of an HMO licence but moreso around where liaisons are taking place...
Read More →6th August 2019, 7 years ago
If all tenants in the properties are students then CT is definitely not due. As a landlord, as long as you can provide the following you are good to go. Do NOT let them harass and bully you! I have...
Read More →15th August 2018, 8 years ago
Hi Daren, Why just property? Have you looked at other options? For example, do you and your wife both top out yout £20k Tax Free Stocks and Shares ISA allowance every year?
Read More →27th July 2017, 9 years ago
Through a Ltd Co, you can also look into leasing the car (PCP) and claiming the full lease payment as a business expense, thereby reducing your Corporation Tax liability. Some great PCP deals out there now and if worked correctly,...
Read More →17th July 2015, 11 years ago
All of our residential rental properties are student homes and we get very good rental yields from them. People skills are a must I might add. Anyone else bit into student lets? If so then please get in touch -...
Read More →