Tim Jones
Tim Jones
Registered with Property118.com
17th December 2017
Total Posts
0
Total Comments
23
Bio
5 HMOs and a shop, let to a charity. Homes are run for single parents. It’s a nice model that works.
Registered with Property118.com
17th December 2017
Total Posts
0
Total Comments
23
Bio
5 HMOs and a shop, let to a charity. Homes are run for single parents. It’s a nice model that works.
27th November 2025, 4 months ago
Some useful comparisons - one I’m wondering about is I have 2 unencumbered properties personally owned with wife but we have a very large cheap (1.6%) mortgage on our main house that would be about 60% of the value of...
Read More →21st October 2023, 2 years ago
Yep it all looks downhill really i can’t help but agree with you I guess I’m looking at it as a passive investment for the next 50 years - assuming ups and downs along the way but it should roughly...
Read More →21st October 2023, 2 years ago
I’ve been buying a property every other year for the last 12 years , I won’t sell but I will stop buying and pay down debt
Read More →Reply to comment left by Jane Breakell at 25/08/2023 - 12:11
Charge my company for an unsecured loan - sounds like a great idea - the only issue is I would need to pay personal tax on the revenue this generates- I’ll do the maths Company pay in to pension if...
Read More →Reply to comment left by Jason English at 25/08/2023 - 09:38
Thanks for sharing your thoughts whilst i agree with you it’s the difference in the cost of the residential mortgage to the residential one (mainly the fees - £27k ) that is steering the decision At the end off the...
Read More →18th March 2023, 3 years ago
Sorry to hear about your difficult situation- do you mind me asking what rate your mortgage has jumped from and to - like most landlords I’m also facing a cliff edge in for me it’s march 2024 so a bit...
Read More →Reply to comment left by Amalia Hoszu at 14/02/2023 - 11:37
I don’t know your relationship with this person but say what ever you have to to get them to leave ( ie offer to move in with you -pay for a hotel for a week or so - I did...
Read More →14th February 2023, 3 years ago
A few years ago I was in a similar position - for my foster son ( despite knowing he was useless with money is seamed a good idea ish at the time ) but during Covid he stopped paying rent...
Read More →Reply to comment left by Andy White at 02/01/2023 - 08:19
Our model has support workers going into the houses for 4 hrs per day on week days there is also a camera in the entrance way. With this level of support we have found that it all works apart from...
Read More →30th December 2022, 3 years ago
Great article Robert. You and I spoke about 6 years ago when my wife and I were setting up a HMO for homeless mothers in Bath. I’m pleased to say it’s still going and we have added 5 more HMOs...
Read More →Reply to comment left by Darren Peters at 15/12/2020 - 14:55
Reply to the comment left by Darren Peters at 15/12/2020 - 14:55Thanks - Im not really concerned about the rate 5% is fine ( im only paying 1.4% personally ) - im also not concerned about the company ( good...
Read More →Reply to comment left by Mark Alexander at 08/12/2020 - 12:22
Reply to the comment left by Mark Alexander at 08/12/2020 - 12:22are you able to clarify this ( with a HMRC link ) - would the £18,500 have to be declared as income - so for higher rate tax payers...
Read More →Reply to comment left by Darren Peters at 08/12/2020 - 12:17
Reply to the comment left by Darren Peters at 08/12/2020 - 12:17Hi Darren Your last comment - You are a lender to your company and can then charge your company interest on the £50K. Interest is treated differently to salaried...
Read More →24th September 2020, 6 years ago
Me and my wife run a housing project of 5 homes for homeless people using our own HMO s and one we rent off a landlord who bought in to the vision. We are renting the properties well below market...
Read More →Reply to comment left by neilt at 24/03/2020 - 10:51
I think ‘holiday’ is not the best term to use as it’s ambiguous ie is it rent free or just deferred rent ! For residential ( ultimately they are deriving benefit from the property) I think deferment is the best...
Read More →24th March 2020, 6 years ago
I’m a trustee ( finance director ) of a chain of 30 charity shops - all are profitable and do well, obviously we have just closed and therefore income is zero . I’m wondering what rent to offer the landlords...
Read More →14th March 2020, 6 years ago
We opened a tide account for our buy to let properties, and it’s been good , however we didn’t realise that there was an upper limit on how much money could be deposited so when our paragon mortgage came in...
Read More →Reply to comment left by Graham Bowcock at 23/03/2019 - 14:11
Reply to the comment left by Graham Bowcock at 23/03/2019 - 14:11Hi Graham - your right so I do not plan to charge interest but I managed to get 1.44 % interest only deal for £450k for 2 years which...
Read More →23rd March 2019, 7 years ago
In the last 8 months I have bought 2 properties out right with no mortgage which I have put into a new company structure. I have done this with a personal loan (via a recently set up large mortgage on...
Read More →Reply to comment left by Claire Smith at 26/02/2019 - 13:02
Reply to the comment left by Claire Smith at 26/02/2019 - 13:02Landlords can reclaim finance costs if they are running it as a company eg like a shop. I have also had to restructure my model going forward and create...
Read More →Showing 20 of 23 comments