Andrew Dove
Andrew Dove
Registered with Property118.com
23rd March 2022
Total Posts
0
Total Comments
20
Registered with Property118.com
23rd March 2022
Total Posts
0
Total Comments
20
26th June 2023, 3 years ago
Matt Thompson, It is not just overleveraged landlords that will sell property. Please consider this example. Portfolio landlord with 10 properties and 6 mortgages at 60% debt, each property worth £100k. This equates to 36% portfolio debt. Unless, the landlord...
Read More →26th June 2023, 3 years ago
David Fell, As you state, the results do not take tax into account. If you want to get a steer on tax, please try putting numbers into this web calculator and you will find that almost every landlord with >50%...
Read More →21st June 2023, 3 years ago
Beaver, There is a way to do this indirectly through a SIPP if you don't mind someone else doing all the work! 2 quoted companies I am aware of are direct plays on Buy To Let. The first is called...
Read More →21st June 2023, 3 years ago
Even high yielding properties do not make sense for most landlords with high levels of debt in their own name. Today you need to have exceptionally high yielding properties, a great tax situation or some other key advantage, otherwise upon...
Read More →21st June 2023, 3 years ago
Always very good research from Zoopla, but Richard does miss a point about portfolio landlords. As a professional landlord in this category, who constantly analyses the numbers, I will be selling underperforming properties to pay down debt and this will...
Read More →16th June 2023, 3 years ago
https://rentyieldcalculator.co.uk/
Read More →16th June 2023, 3 years ago
Mark, I would be appreciative if you could take a look at my website calculator. You may find it interesting as it demonstrates how bad the situation is for non incorporated landlords.
Read More →15th June 2023, 3 years ago
While it is a very important point that Lucian Cook makes on profitability, I am interested to know how he treats tax and repairs/maintenance in his research. It may be that the situation is actually worse. Tax on its own...
Read More →12th June 2023, 3 years ago
Unless landlords with mortgages and owning in their own name can borrow at less than 5%, very few will have a business that is profitable after tax. If you are a landlord and want to check your after tax cashflow,...
Read More →9th June 2023, 3 years ago
Landlord Crusader, Yes, the Renters Reform Bill is bad news. However, I am coping fine with our equivalent in Scotland (although rent controls are another matter). The Renters Reform Bill is not the proverbial "straw that broke the camels back"....
Read More →5th June 2023, 3 years ago
Crouchender, Thanks for the feedback. I intend to do this once I have worked out how to promote through the various social media channels.
Read More →30th May 2023, 3 years ago
LLs owning direct and about to refinance, check this website calculator please http://rentyieldcalculator.co.uk/
Read More →Reply to comment left by Richard Brent at 29/05/2023 - 12:34
www.rentyieldcalculator.co.uk
Read More →Reply to comment left by Dee Gidda at 27/05/2023 - 22:27
Crouchender, Thank you. That is amazing feedback and I agree tax credit should really be considered a variable. I have a slight hope that if the rental market gets much worse, then government will be forced to reverse Section 24...
Read More →Reply to comment left by Dee Gidda at 26/05/2023 - 22:50
I have now fixed and made live.
Read More →Reply to comment left by Dee Gidda at 26/05/2023 - 12:06
I appreciate the suggestions which I have now made live. Feel free to get in touch with me directly as I will continue to tweak based on any feedback.
Read More →26th May 2023, 3 years ago
I have built a calculator which demonstrates why anyone with an average yielding buy to let facing refinancing with a 40% marginal tax and direct ownership, might consider selling up and fast. rentyieldcalculator.co.uk
Read More →19th December 2022, 3 years ago
I am using Apari. It does what I need to do well which is dealing with joint ownership between myself and my wife. Downsides include:- -amount of time to input/amend records, even when using the csv import functionality -its still...
Read More →23rd November 2022, 3 years ago
It is very useful to have a proper worked example. I for one can now adapt this example to my own circumstances. Thank you Mark. From researching my own circumstances, I decided to own direct because my interest costs are...
Read More →17th November 2022, 3 years ago
I would think a few landlords considering selling in the next year might consider accelerating any sale so as to get some benefit form the current £12,300 tax free allowance before it goes down to £3,000.
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