RODNEY CRABB, Author at Property118

RODNEY CRABB

Im struggling to work out a low capital gains if he brought the ltv from 72 to 40 per cent He must have bought them later ,with a low loan to value and more of his cash?

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Reply to the comment left by dismayed landlord at 11/10/2024 - 11:03Can you not do a deed of trust with your spouse I have done this 3 times, you can do it up to exchange, 90 /10 in the lower...

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Why would a non earning 20% taxpayer have to increase rent, If they only had a couple of rentals And selling one year

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Reply to the comment left by Ryan Stevens at 16/08/2024 - 15:23How does that work, wouldn't the govt say it is artificially selling, ie avoiding higher rate cgt

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Zephyr and TMW cut BTL mortgage rates

17th January 2024, 2 years ago

5%set up fee is ridiculous I'll be selling all mine in a few years if the rates and these stupid set up fees aren't any better, after my fixes end, I'm not working for the banks, which is whats happening...

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5%set up fee is extortion I'd rather sell and give that to a buyer

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Hi TJP How can they defer for so long Which area of the country if you don't mind giving the info

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Why now is the time to buy?

13th December 2022, 3 years ago

That's good going I know you invest in Norwich. Was this office there? I only ask as hardly anything coming available at a decent price where I invest in Cambridge and nearby. Maybe soon. I just see the same properties,...

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Any reasons not to cave into the fear?

22nd October 2022, 3 years ago

Do not pay 2 to 3k a year for someone to run the company. I've got 8 rentals and spend no more than a few hours a month dealing with repairs/admin Find good agents and pay between 7 to 10%...

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The council will probably lift the covenant for a Hefty fee Like a ransom strip scenario

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Split titles and Stamp Duty circumvention?

26th February 2022, 4 years ago

Thanks. Yes the stamp would be circa 9k a flat .I may need to put them in an llp with my wife and stepdaughter. I need advice. What rate do you pay by the way

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Also they shouldn't test kitchen bathrooms as they're not main living spaces. Resilient bars on the dropped ceilings and acoustic boarding/underlay in living /bedrooms

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See if you can drop the ceilings 100mm fill with insulation and double board. And hope you dont get flanking on the wall

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Just ring the council Should around 2 to 3k each flat if you do it now. Is the 1800 legal costs

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I'm doing a deed of trust with one I'm selling. Do I have to pay the mortgage down to just below 80k as we're doing 50/50. Re Stamp duty Or can I leave it Many thanks

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BTL borrower overexposure limits?

11th June 2021, 5 years ago

Try Kent Reliance or Zephyr I have multi unit lending with them. Under one freehold. Expensive set up fees and interest rates but I use it for further projects Otherwise you'll have to try and mortgage each one

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HMO Covid-19 rent reduction conundrum?

25th March 2021, 5 years ago

Is this one of those rent to rent crew who have been on a 2 day training course or a nationally recognised company

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Text messages will be enough. It's a safety issue for your contractors and you've made reasonable efforts to gain entry. Wouldn't worry about it

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Develop with Cash or Mortgage (Stress test)?

15th January 2021, 5 years ago

Most people including me buy the site with cash or very cheap debt and then maybe borrow the development costs It's very expensive to finance the whole lot : which is 15%pa once you factor in 2% set up both...

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Reply to the comment left by Old Mrs Landlord at 25/11/2020 - 21:32Exactly. It's cost me 260k to build 2 small flats Inc land. With finance that's 280k And I'm JVing with a builder so everything is at cost Endless...

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RODNEY CRABB

RODNEY CRABB


Registered with Property118.com

14th February 2015

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