Johno Nonothing, Author at Property118

Johno Nonothing

NewYorkie, your situation mirrors mine very closely- though I am jealous that you will not have to pay CGT on the last northern house! - what's your secret? The example I cited, showing that I am being taxed on inflation,...

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In round numbers, I bought a BTL in 2006 for £168000, paid off the mortgage and sold it for £300,000 in 2024. At UK average house inflation it would have been worth £279,000 when sold, giving capital growth of £21,000....

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Reply to the comment left by philip allen at 04/03/2023 - 16:54One of our student lets had keen sportsmen tenants who used the radiators to dry their wet kit while they were at lectures.

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Reply to the comment left by John Clark at 02/03/2023 - 17:11Good point. We put the isolation switch in the roof space, so it can be reached from the hatch when needed. We don't tell the tenants where it is.

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I have always thought it somewhat ironic that the window manufacturers go to great lengths and cost to make windows with a 100% neoprene sealing system. When they found this contributed to mould, they cut a hole in the window...

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Johno Nonothing

Johno Nonothing


Registered with Property118.com

25th September 2014

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