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?
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...
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
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...
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,...
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%...
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
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
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
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
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...
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...
26th November 2025, 4 months ago
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?
Read More →Reply to comment left by Graham Rann at 11/10/2024 - 11:03
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...
Read More →1st October 2024, 2 years ago
Why would a non earning 20% taxpayer have to increase rent, If they only had a couple of rentals And selling one year
Read More →Reply to comment left by Ryan Stevens at 16/08/2024 - 15:23
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
Read More →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...
Read More →14th November 2023, 2 years ago
5%set up fee is extortion I'd rather sell and give that to a buyer
Read More →Reply to comment left by Thomas O'Mara at 17/04/2023 - 18:35
Hi TJP How can they defer for so long Which area of the country if you don't mind giving the info
Read More →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,...
Read More →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%...
Read More →14th October 2022, 3 years ago
The council will probably lift the covenant for a Hefty fee Like a ransom strip scenario
Read More →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
Read More →12th August 2021, 5 years ago
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
Read More →12th August 2021, 5 years ago
See if you can drop the ceilings 100mm fill with insulation and double board. And hope you dont get flanking on the wall
Read More →9th August 2021, 5 years ago
Just ring the council Should around 2 to 3k each flat if you do it now. Is the 1800 legal costs
Read More →22nd June 2021, 5 years ago
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
Read More →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
Read More →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
Read More →16th February 2021, 5 years ago
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
Read More →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...
Read More →Reply to comment left by Old Mrs Landlord at 25/11/2020 - 21:32
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...
Read More →Showing 20 of 29 comments