PAUL Edwards
PAUL Edwards
Registered with Property118.com
11th October 2013
Total Posts
0
Total Comments
17
Bio
I am an ex motor engineer who had his own business up to 2012, when I sold out to my business partner. My wife had her own convenience store with her now ex personal partner and they were in the fortunate position to purchase the freehold, when the time came she acquired the freehold. Because of this and as we own our own residential property we decide that the best way top go was to start buying some properties to rent out. Over the years we have bought 7 properties . We have sold one a few years ago and are now in the position of selling off 3 more. We feel that with all the tax's, rules etc. now is the time to downsize. We enjoy cruising so it will give us more time to enjoy life before it's too late, who knows what is around the corner!
Reply to comment left by Tim Peters at 16/10/2025 - 15:35
Reply to the comment left by Tim Peters at 16/10/2025 - 15:35We had the 6 months FOC after probate was granted, then charged standard rate for 4 months I believe then onto premium rate. This is what the executors aren’t...
Read More →Reply to comment left by Neil Thomas at 16/10/2025 - 15:08
Will do
Read More →Reply to comment left by Tim Peters at 16/10/2025 - 14:53
Reply to the comment left by Tim Peters at 16/10/2025 - 14:53We are being charged. We’ve searched around for information and have a few ideas to go back with. I think the local council are trying it on. It will...
Read More →Reply to comment left by Richard Dean at 16/10/2025 - 10:51
Reply to the comment left by Richard Dean at 16/10/2025 - 10:51My two brothers & I have exactly the same thing on a property that we are executors for. Whilst waiting for probate and 6 months after we didn't pay...
Read More →Reply to comment left by Darryn Clarke at 13/09/2025 - 14:09
I would speak to your accountant to see how they want receipts sent through. We will probably upload into one file per property and send them across that way.
Read More →Reply to comment left by Darryn Clarke at 13/09/2025 - 13:52
Our accountant says scanned documents are fine. He is also saying to keep a seperate bank account for property income/outgoings making it seperate form personal income. Obviously if you have numerous properties but LL withonly one or two might not...
Read More →Reply to comment left by Jennifer Adams at 13/09/2025 - 08:11
Reply to the comment left by Jennifer Adams at 13/09/2025 - 08:11This is what our accountant has told us, we can carry on using spread sheet providing we save them as a csv file and email them along with additional...
Read More →Reply to comment left by Simon Lever at 10/09/2025 - 12:57
Reply to the comment left by Simon Lever - Chartered Accountant helping clients get the best returns from their properties at 10/09/2025 - 12:57We have the same situation, my wife has soem properties in her sole name and 4 we...
Read More →4th September 2024, 2 years ago
So it states An analysis by the i newspaper reveals that in some areas of England, single people could lose more than £600 if the council tax discount is binned.. Well had my father still be alive he would loose...
Read More →Reply to comment left by Jack Collins at 29/10/2022 - 08:59
We bought there as we already owned one in the same street, more rent to value but less growth, it's served us well. We are downsizing our portfolio anyway so this one will be sold next year
Read More →Reply to comment left by DSR DSR at 27/10/2022 - 18:47
The LA came to us to tell us what had happened and did we want it sorted out which we said yes, we were on holiday at the time and since back my wife realised that the tenant should probably...
Read More →Reply to comment left by Graham Bowcock at 18/11/2021 - 10:33
Reply to the comment left by Graham Bowcock at 18/11/2021 - 10:33We had exactly the same thing in our own residential house, gas man just turned the stop cock round and worked perfectly, less than 30 minutes work
Read More →22nd November 2014, 11 years ago
Just sent , now awaiting a reply, not going to hold out much hope though. Keep up the good work Mark, a real insperation to us all.
Read More →13th August 2014, 12 years ago
Don't get disheartened Mark. Every business man/woman knows there is always somebody out there that thinks they know it all , some do ,most don't . In my experience the ones that think they know it all are the first...
Read More →19th December 2013, 12 years ago
Hi Mark We both wish you ever success with your new venture.As we are what you would call property newbies with only a few buy to let's under our belts some of the topic that have come up for discussion...
Read More →27th November 2013, 12 years ago
We are in the same position we bought a semi detached bungalow in Eastbourne last year . It was originally on the market for £150k but we bought it for £140k being very close to main line rail station to...
Read More →7th November 2013, 12 years ago
Hi Martin. My wife tried Xero but gave up with it she now uses Wave and it's free. Easy to set up and you can have an account for each property. It gives you a great button breakdown of where...
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