Neil Allen
Neil Allen
Registered with Property118.com
10th August 2015
Total Posts
0
Total Comments
139
Registered with Property118.com
10th August 2015
Total Posts
0
Total Comments
139
26th November 2018, 7 years ago
I would say you almost certainly have to view a property before buying it. You need to understand the area pretty well before potentially getting involved for what could be years or decades ahead. Having said that, I find properties...
Read More →2nd April 2016, 10 years ago
I hace been involved in property for a long time and own a substantial property portfolio. I honestly can not wait for the day when I have disposed of the whole lot and have a decent capital sum to invest...
Read More →15th December 2015, 10 years ago
The future of buy to let will be the preserve of the wealthy going forward. We are I believe the last of working/middle classes who will be able to actively invest in property. That's what the government wanted and that's...
Read More →Reply to comment left by Mark Alexander at 12/12/2015 - 14:07
Reply to the comment left by "Mark Alexander" at "12/12/2015 - 14:07": Yes I will have to pay 3% stamp on all the purchases... But they will all be between £50-70k purchases so I'm not too concerned. I shouldn't have...
Read More →Reply to comment left by Saeef Khan at 12/12/2015 - 13:47
Reply to the comment left by "Saeef Khan" at "12/12/2015 - 13:47": there shouldn't be any issues with directors loans because all you are doing is introducing your own personal funds into the company as a loan, and the company...
Read More →Reply to comment left by Mark Alexander at 12/12/2015 - 11:07
Reply to the comment left by "Mark Alexander" at "12/12/2015 - 11:07": Mark, my plan is to buy 1 or 2 of my own properties for cash into my limited company each year for as long as I can afford...
Read More →Reply to comment left by Laura Delow at 12/12/2015 - 10:36
Reply to the comment left by "Laura Delow" at "12/12/2015 - 10:36": Laura, I happen to think you are being realistic. It is wise to prepare for the worst possible outcome. I'm making moves now to position myself and protects...
Read More →11th December 2015, 10 years ago
My advice to everyone is buy as many of your own properties into a limited company (with your partner as shareholder) for cash over the next 5 years, transfer your main residence to your partner, and then start contributing any...
Read More →Reply to comment left by Ray Davison at 10/12/2015 - 22:13
Reply to the comment left by "Ray Davison" at "10/12/2015 - 22:13": Short answer... Yes. And in an upward direction.
Read More →Reply to comment left by Simon at 09/12/2015 - 14:03
Reply to the comment left by "Simon " at "09/12/2015 - 14:03": Simon, I'm not as optimistic regarding increase in values. Prices here in some parts of Manchester are still well below 2007 levels, and I really cant see them...
Read More →Reply to comment left by Joe Galvin at 08/12/2015 - 17:35
Reply to the comment left by "Joe Galvin" at "08/12/2015 - 17:35": Joe, what the hell has incorporation got to do with being a business? The majority of businesses in this country are either sole traders or partnerships.
Read More →Reply to comment left by Manchester Landlord at 07/12/2015 - 09:24
Reply to the comment left by "Manchester Landlord" at "07/12/2015 - 09:24": And when I say lack of supply. I mean house builders are almost certain to build less properties due to the new stamp duty levy, as they rely...
Read More →7th December 2015, 10 years ago
Jonathon, I couldn't disagree more. Clause 24 is not the fault of my tenants and they shouldn't take the blame for it. I personally would not issue a section 21 notice unless the tenant stopped paying the rent or started...
Read More →Reply to comment left by Mark Alexander at 06/12/2015 - 19:51
Reply to the comment left by "Mark Alexander" at "06/12/2015 - 19:51": Understood - thanks Mark. look forward to hearing more about QNUPS.
Read More →Reply to comment left by Mark Alexander at 06/12/2015 - 19:24
Reply to the comment left by "Mark Alexander" at "06/12/2015 - 19:24": Mark, I am very interested in this method of mitigating clause 24 and will speak to my accountant next week about it. Please can you explain in more...
Read More →Reply to comment left by Tony Atkins at 30/11/2015 - 12:28
Reply to the comment left by "Tony Atkins" at "30/11/2015 - 12:28": Understood - thanks Tony
Read More →Reply to comment left by Tony Atkins at 30/11/2015 - 11:48
Reply to the comment left by "Tony Atkins" at "30/11/2015 - 11:48": Tony, from your previous statement: "I have always been forced to buy my renovation properties and my redevelopment new-build sites using BTL mortgages in my own name, with...
Read More →Reply to comment left by Vanessa Barlow at 30/11/2015 - 10:51
Reply to the comment left by "Vanessa Barlow" at "30/11/2015 - 10:51": I imagine it will be subject to the new stamp duty rates, unless the company owns 15 or more properties (not sure if this applies to an individual...
Read More →Reply to comment left by Chris Cooper at 28/11/2015 - 18:12
Reply to the comment left by "Chris Cooper" at "28/11/2015 - 18:12": Chris, I agree a legal challenge should most definitely be explored and I'm sure many on this forum alone would sponsor it. The question is how do we...
Read More →Reply to comment left by Ros . at 28/11/2015 - 17:19
Reply to the comment left by "Ros ." at "28/11/2015 - 17:19": Fantastic reply Ros! I struggle to see how anyone cannot empathise with our position. Somehow it is morally acceptable for Grainger PLC to own 14,000 residential properties, yet...
Read More →Showing 20 of 139 comments