Andre Mattar, Author at Property118

Andre Mattar

4.75% for a two year fixed? I’d love to know where this comes from, I can’t find anything that doesn’t start with a 5 or 6! I only have one option left in order for my business to survive-sell off...

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Student HMOs VS Professional HMOs?

24th April 2024, 2 years ago

Hi Maya As a HMO student landlord I believe the HMO license won't be affected by the type of tenants, just the number - so if you replace students with the same amount of non-students it will be fine. The...

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Reply to the comment left by Mick Roberts at 01/02/2024 - 13:40Absolutely. It would be in everyone’s interest to increase the PRS and generate more revenue from SDLT, income tax and also CGT (which would also increase in a balanced...

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Reply to the comment left by Frank Jennings at 01/02/2024 - 11:11Off - track slightly from my original post but you clearly have strong (worrying) views.

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Reply to the comment left by Whiteskifreak Surrey at 01/02/2024 - 10:16I think if anybody believes anything a politician says anymore, they are being very naive.

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Couldn’t he have done this when he was the ACTUAL housing minister? Repeal of Section 24 would be more beneficial than lowering stamp duty but Gove insists that will never happen (which means it might).

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Thanks for your response Lisa. As you can see, there is a lot of variation on advice and how people treat it themselves. There is a massive difference between £6 per week and a percentage of my actual and genuine...

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Reply to the comment left by Michael Booth at 26/01/2024 - 20:24Hello Michael yes, there is a massive difference between the £6 per week and a percentage of actual costs so there is most certainly a substantial tax saving. Otherwise...

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Reply to the comment left by Simon Lever - Chartered Accountant helping clients get the best returns from their properties at 26/01/2024 - 17:09Thanks Simon this is incredibly helpful

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Does anybody know if the issue of fixed term tenancy abolition was debated/delayed/cancelled/passed? For student landlords (and students) this is even more of a potential threat than section 21 although I fully respect that different sectors of our community are...

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So they are damned if they do and damned if they don’t? Anybody with any ounce of business sense would know not to spend thousands on their properties or indeed sell them because of the fear of the C rating...

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Reply to the comment left by PropCo Owner at 31/08/2023 - 07:12I’m sure we are all grateful that you are here to “pick people up” on our mistakes. Some of us are here to share experience, learn from each others...

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Reply to the comment left by PropCo Owner at 31/08/2023 - 07:12For heaven’s sake what is your problem? You clearly have issues. Not being rude, just defending myself. Why be so abrasive and defensive? We are all in this together...

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Reply to the comment left by PropCo Owner at 30/08/2023 - 10:43PropCo, you are very wrong to assume that the reason I can’t incorporate is because I’m not in “Business” and only run a side hustle. I can categorically say...

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Reply to the comment left by PropCo Owner at 29/08/2023 - 13:18I think you forget that there are thousands of us that for many reasons are not able to incorporate.I personally have spent years trying to go down every route...

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I would suggest you wait and see if/ when the requirements are going to be implemented. There is a good chance this will be postponed/ delayed/ amended/ cancelled so personally I’m not doing any further improvements until I know what...

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Michael I was going to make exactly the same comment. I’m sick of section 24 being referred to in the media and by politicians as a “tax break” or “tax advantage”. Finance interest is neither of those things- it is...

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Reply to the comment left by Seething Landlord at 17/05/2023 - 23:09Thanks- I was hoping to get legal clarification though!

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Regarding the guidance notes, could anyone with legal knowledge interpret the following clause? 16 “The Bill also mandates that landlords must provide a written statement of terms setting out basic information about the tenancy and both parties’ responsibilities while retaining...

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Hi Clive I’m not sure what you mean by “your day will come”. I totally disagree with the bill I’m just saying that the only positive so far is potentially the end of fixed term tenancy has not been announced...

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Showing 20 of 42 comments

Andre Mattar

Andre Mattar


Registered with Property118.com

26th May 2022

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0

Total Comments

42

Bio

25 years experience of student HMO's in York, current portfolio of 10 properties