lancelot spratt
lancelot spratt
Registered with Property118.com
7th August 2015
Total Posts
0
Total Comments
35
Registered with Property118.com
7th August 2015
Total Posts
0
Total Comments
35
Reply to comment left by Dylan Morris at 12/06/2024 - 10:34
Reply to the comment left by Dylan Morris at 12/06/2024 - 10:34Many thanks for your advice. I wonder what's happened to the freedom of the market to choose a price? If the fourth floor with no lift is a problem,...
Read More →Reply to comment left by Mark Alexander at 04/05/2020 - 18:29
Reply to the comment left by Mark Alexander at 04/05/2020 - 18:29I thought it sounded a perfectly reasonable structure, but too good to be true! From a look at the link, the diversion of revenue from sole trader to Ltd...
Read More →4th May 2020, 6 years ago
What about another form of Rent-to-Rent? No HMOs. No individual tenants subletting ad hoc. As a UK sole trader, I rent my twenty UK BTL residential properties en bloc to a Ltd Co of which I am a major/sole shareholder....
Read More →4th May 2020, 6 years ago
Do we really think small business bounce-back loans of 25% turnover will be available to landlords? I might be wrong, but HMRC don't view us as a business. Does anyone have any experience?
Read More →20th December 2019, 6 years ago
Many thanks Neil! I'll check the T&C's of the existing BTL products I have. I expect the biggest issue will be if I look for new BTL products whilst I'm non-UK resident? If I return to the UK, how long...
Read More →24th July 2016, 10 years ago
I hear that this scenario has headwinds from the revenue. But some use of a limited company (maybe up to 15% turnover?) might help a little. My goodness, we are really being pushed into a tight corner.
Read More →Reply to comment left by Colin McNulty at 26/01/2014 - 06:12
Reply to the comment left by "Colin McNulty" at "26/01/2014 - 06:12": Hey - nobody did have any thoughts on this back in 2014. Sounds a good idea to me.
Read More →Reply to comment left by NW Landlord at 23/07/2016 - 13:08
Reply to the comment left by "NW Landlord" at "23/07/2016 - 13:08": Hi NWL Thanks for your thoughts. I can't seem to PM you - in fact can't see a PM 'button' at all. I don't want to post my...
Read More →23rd July 2016, 10 years ago
To clarify: -I'm not incorporating into a limited company. I'm letting all my properties to a limited company. In the lease between the company and me, there is no prohibition on the company subletting to whomever they choose. Why should...
Read More →23rd July 2016, 10 years ago
This is a very simple structure. Disarmingly simple. It is certainly not a complex 'structure' of connivance to avoid tax. -Has GAAR ever really been invoked for anything remotely similar? -Was GO's plan to harass/persecute a section of society by...
Read More →22nd July 2016, 10 years ago
Clause 24 is just awful. So a thought here: any opinions on variations of this simple structure for tax planning efficiency: -Let all properties in your portfolio to a Limited Company (eg. with a lease contract for the company also...
Read More →16th March 2016, 10 years ago
CGT - the 8% surcharge for residential property means two things for me: (1) Explicitly separate treatment of capital gains from property - a cultural change for the future? (2) Property sale gains may still be at charged at 28%,...
Read More →Reply to comment left by Mark Alexander at 28/02/2016 - 23:35
Reply to the comment left by "Mark Alexander" at "28/02/2016 - 23:35": There's evidence of a streak of darkness in those Osborne genes. The BVI JV wouldn't save CGT these days would it? CGT is charged to overseas owners now....
Read More →Reply to comment left by Jerry Jones at 26/02/2016 - 14:11
Reply to the comment left by "Jerry Jones" at "26/02/2016 - 14:11": ...thanks Jerry. Will look at that site too. Interesting - I can't find a landlords association in Malta, or a forum for people with an interest in developing...
Read More →26th February 2016, 10 years ago
Last thought from a warm evening in Thailand - why Malta rather than Cyprus? I'm still mulling the preference I seem to have for Malta, some quick pros/cons: Malta>Cyprus: closer, more financially stable, more familiar culture & legals Cyprus>Malta: bigger
Read More →26th February 2016, 10 years ago
I expect to visit Malta in mid-late April. I've been looking at Hotels. Raddison in Mellieha, looks like the one for me in that area too. Or Xara Palace in M'dina and Hilton in St Julians. Not sure where works...
Read More →Reply to comment left by Mark Alexander at 26/02/2016 - 08:18
Reply to the comment left by "Mark Alexander" at "26/02/2016 - 08:18": I crouch here, much chagrined and ruing my words! 'Dust-bowl' - what nonsense. So sorry. Humble pie is mine. Thank you for sharing the photos Mark!
Read More →26th February 2016, 10 years ago
Blummin' stressful this: GO's clumsy tax on rental property. Also, I wouldn't be surprised if there's a snap election after the June EU referendum, followed by a new Tory government which increases CGT to marginal income tax rates (the current...
Read More →25th August 2015, 11 years ago
A point of levity in this grim post: has anyone seen the PRS BTL changes proposed by Mr Corbyn were he to become PM? He would extend tenants' right-to-buy, at discounted prices, to the PRS. It cheered me up to...
Read More →Reply to comment left by helena dolisznyj at 22/08/2015 - 15:29
Reply to the comment left by "helena dolisznyj" at "22/08/2015 - 15:29": Helena - there's lots of info on this on the forum Helena, you should try a search.
Read More →Showing 20 of 35 comments