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...
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...
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...
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...
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...
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...
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...
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)...
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...
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...
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...
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...
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...
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)...
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...
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...
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...
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....
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...
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...
7th December 2015, 10 years ago
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...
Read More →7th December 2015, 10 years ago
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...
Read More →7th December 2015, 10 years ago
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...
Read More →16th October 2015, 10 years ago
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...
Read More →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...
Read More →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...
Read More →Reply to comment left by David Price at 29/09/2015 - 15:03
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...
Read More →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)...
Read More →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...
Read More →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...
Read More →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...
Read More →Reply to comment left by Kathy Evans at 22/09/2015 - 22:17
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...
Read More →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...
Read More →Reply to comment left by Ros . at 22/09/2015 - 09:40
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)...
Read More →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...
Read More →Reply to comment left by Trendo at 21/09/2015 - 23:19
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...
Read More →Reply to comment left by Ros . at 21/09/2015 - 23:21
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...
Read More →Reply to comment left by Manchester Landlord at 21/09/2015 - 22:58
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....
Read More →Reply to comment left by Ros . at 21/09/2015 - 22:52
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...
Read More →Reply to comment left by Kathy Evans at 21/09/2015 - 22:26
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...
Read More →Showing 20 of 76 comments