Bryan Stevens
Bryan Stevens
Registered with Property118.com
28th July 2022
Total Posts
0
Total Comments
78
Registered with Property118.com
28th July 2022
Total Posts
0
Total Comments
78
5th October 2023, 3 years ago
It is interesting that that Property 118 seems to be deleting any posts that I have made on this issue, even though I have not referred to any detail of the KC opinion, mainly I have commented on what was...
Read More →5th October 2023, 3 years ago
It has to be said that in over 35 years in practice I have never had an enquiry regarding a hybrid/mixed partnership. There may be an increased risk in relation to 'a scheme being marketed', but only where there are...
Read More →Reply to comment left by robert fisher at 04/10/2023 - 17:14
Reply to the comment left by robert fisher at 04/10/2023 - 17:14The QC is a tax QC, probably not a contracts/insurance/mortgage expert, so the opinion was a bit light in detail in some areas. It also isn't clear in all...
Read More →3rd October 2023, 3 years ago
As usual with governments (of all persuasions) - words, but no substance.
Read More →Reply to comment left by George Pearson at 03/10/2023 - 10:19
Many landlords are not only making a loss, but still paying tax, even though they are making a loss. This is because they have a profit before interest, taxable at up to 45%, before deducting interest with only 20% tax...
Read More →2nd October 2023, 3 years ago
I do not have any clients who use the structure, but the main issues seem to be while the title is 'resting', effectively in limbo, until the mortgages are replaced with mortgages in the company name, at which point title...
Read More →Reply to comment left by James Brand at 23/09/2023 - 09:19
The market regulates how much landlords can 'hike' rents. If landlords increase rent above market price they will struggle to get tenants.
Read More →22nd September 2023, 3 years ago
Shelter can put forward whatever initiatives it wants, provided it realises that if the Government isn't willing to pay for them then the costs will be ultimately borne by tenants
Read More →Reply to comment left by Jonathan Cocks at 17/09/2023 - 13:37
Reply to the comment left by Jonathan Cocks at 17/09/2023 - 13:37Possibility that he misused data to introduce ULEZ? That's an absolute certainty that he did. For a start, how do you prove with absolute certainty that someone has died...
Read More →15th September 2023, 3 years ago
If it was so bad renters would be living outside London. I assume that the average salary is gross pay and rent comes out of net pay, in which case the position would be even worse than Sadiq Khan suggests!!...
Read More →7th September 2023, 3 years ago
So, landlords have a choice - accept rent controls, whilst paying increased interest rates (non-higher rate tax deductible), paying to fix EPC ratings, paying for licences and the cost of meeting the licensing requirements and facing the possibility of a...
Read More →Reply to comment left by George Pearson at 07/09/2023 - 08:50
You need to be a politician to understand these things. It's no good living in the real world!
Read More →Reply to comment left by Debra Williams at 05/09/2023 - 14:36
Correct, it was only an illustration. But £10k is not extreme. By the time agent's fees, repairs, service charges, insurance, legal fees to evict tenants, etc are taken into account many landlords face this sort of expenditure.
Read More →5th September 2023, 3 years ago
Rental income £20000 Rental expenses £10000 Finance costs £15000 Cash loss £(5000) Tax position for higher rate taxpayer: Rental income £20000 Rental expenses £10000 Rental profit £10000 Tax @ 40% on £10000 = £4000 Tax relief @ 20% on finance...
Read More →Reply to comment left by Jonathan Sterling at 31/08/2023 - 18:15
Reply to the comment left by The Forever Tenant at 31/08/2023 - 18:15It would be up to the lenders to ensure that they had insured against these risks (premium cost added to the borrower's debt of course!). It should be...
Read More →Reply to comment left by Jonathan Sterling at 31/08/2023 - 12:47
Reply to the comment left by The Forever Tenant at 31/08/2023 - 12:47It would be a risky strategy for the lender. If I was the borrower I would be asking for: 1. compensation for any interest and charges incurred during...
Read More →30th August 2023, 3 years ago
Do they have schools in alternative realities? If they do, they clearly do not teach economics or basic maths.
Read More →30th August 2023, 3 years ago
Meanwhile, back in the real world........
Read More →Reply to comment left by Jeremy Johnson at 22/08/2023 - 16:16
It makes you wonder why governments stick their fingers in pies they don't have any experience of. It was bound to end in tears, but not their money. So as long as it looks as though they are doing the...
Read More →Reply to comment left by Tim Rogers at 22/08/2023 - 16:07
Reply to the comment left by Tim Rogers at 22/08/2023 - 16:07Worth every penny, I'm sure.
Read More →Showing 20 of 78 comments