Roger Rabbit, Author at Property118

Roger Rabbit

If they have been good to you, you should be good to them. I would go half way within a year so £1300 in Nov 2016 and then £1600 in Nov 2017 that is if they want to stay. Its...

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lots of people value a smaller and cheaper room. I know one landlord with a HMO which has 5 big rooms and one small room. £450 for the big rooms £350 for the small one. When he has a small...

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The problem with increasing quality is that it decreases quantity and that will result in higher prices Imagine a law that baned farmers from selling potatoes or eggs that were below a government approved size. Less potatoes or eggs would...

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Always be reasonable with renters. In your situation I would offer the same rent for 12 months but let them know that if they wish to stay another 12 months the rent will be whatever the market rent is at...

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Summer Budget 2015 – Landlords Reactions

13th October 2015, 11 years ago

The real fear is that this becomes a political hot potato and both the main parties try to outdo each other by over taxing and over regulating the sector more and more Someone posted that a conservative MP said that...

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New Build plus 50k to council?

6th October 2015, 11 years ago

Check your councils website under planning they will have documents or webpages which lists the CIL cost. Usually its given as a flat rate for example £50 per sqm so for a 100 sqm new build it would be a...

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Reply to the comment left by "David Price" at "29/09/2015 - 15:03": David, and others, how can you make such a low profit on such a high number of properties? Are you renting at below market rents? or maybe on...

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Summer Budget 2015 – Landlords Reactions

29th September 2015, 11 years ago

again im no accountant or expert on gov tax laws however there may be some merit on partnerships being able to use interest as a cost this might be in the form of two human partners (eg husband and wife)...

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Summer Budget 2015 – Landlords Reactions

29th September 2015, 11 years ago

i spent a little bit of time yesterday looking into it and the accounting forums suggest there was a change in 2013 regarding partnerships between ltds and people to remove the possibility of using that type of structure to reduce...

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Summer Budget 2015 – Landlords Reactions

29th September 2015, 11 years ago

can anyone comment on how partnerships work. apparently you can be a partner with a ltd company so could a landlord with a portfolio of say 100 homes become a partner with a LTD and run the business together? Lets...

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Buying a buy to let through a limited company

25th September 2015, 11 years ago

Hi Yvonne, Why not sell the company rather than the house. You would pay capital gains on the shares at 28% and after you CGT allowance Or you could sell the property and the company I think would get indexation...

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Reply to the comment left by "Kathy Evans" at "22/09/2015 - 22:17": That is nonsense Kathy, in the UK new homes are quota driven. Clearly if the councils only allow 1,000 homes the builders cant build 2,000 homes! It might...

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Electric Shower vs Mains Fed

22nd September 2015, 11 years ago

An electric shower is ok it can get you about 5 litres per minute of flow rate which is ok however most people would be a lot happier with 10 liters per minute flow rate which would mean a 20KW...

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Reply to the comment left by "Ros ." at "22/09/2015 - 09:40": Hi ros. Even if ltd companies could not offset mortgage interest on residential Property (I think that it would be 100x more difficult to do it for corporates)...

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Summer Budget 2015 – Landlords Reactions

22nd September 2015, 11 years ago

The way I see it is that a 1% increase in interest rates would be a bigger hit to the majority of BTL Landlords. Would a 1% increase in interests rates really cripple your investments/business? In the vast majority of...

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Reply to the comment left by "Trendo " at "21/09/2015 - 23:19": Trendo my apologies but try to keep things shorter than a book I lost the will to continue half way through. I think you examples are not at...

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Reply to the comment left by "Ros ." at "21/09/2015 - 23:21": Hi ros. We both agree that the turnover tax is wrong. I'm just not convinced its going to have a big impact in landlords selling up to avoid...

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Reply to the comment left by "Manchester Landlord" at "21/09/2015 - 22:58": Hi Manchester Landlord. Its a good point you make about flats being built for landlords to buy to let. However I still don't see bankrupsy or mass defaults....

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Reply to the comment left by "Ros ." at "21/09/2015 - 22:52": Hi ros. If Newham council is typical its 32,000 properties registered by 22,000 landlords (assuming I've remembered correctly someone please check) shows us that most properties won't be...

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Reply to the comment left by "Kathy Evans" at "21/09/2015 - 22:26": Hi Kathy, Looking at different councils within England shows a huge range of build rates. Its not just one council vs another. Some build a good deal less...

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Roger Rabbit

Roger Rabbit


Registered with Property118.com

31st August 2015

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