Vanessa Barlow
Vanessa Barlow
Registered with Property118.com
1st March 2014
Total Posts
0
Total Comments
19
Registered with Property118.com
1st March 2014
Total Posts
0
Total Comments
19
Reply to comment left by Steve Wood at 16/03/2016 - 21:21
Reply to the comment left by "Steve Wood" at "16/03/2016 - 21:21": Oh, just because I don't like them very much to be honest. And it annoyed me to think I would be paying the 3% and they wouldn't under...
Read More →16th March 2016, 10 years ago
At least the Blair family with their BTL company owning 27 flats will now in fact have to pay the 3% SDLT in future, rather than being exempt for owning more than 15 properties. Something small to smile at :-)
Read More →1st March 2016, 10 years ago
I had a similar situation with a property I bought (stoke on trent council). The stoke on trent version of the allowance had been used up prior to me buying it, as it had been empty for over a year....
Read More →Reply to comment left by Tony Atkins at 30/11/2015 - 11:48
Reply to the comment left by "Tony Atkins" at "30/11/2015 - 11:48": Thanks for the extra info Tony, and sounds like your business will unfortunately become more complex / costly for you soon. And yes my property was bought outright...
Read More →Reply to comment left by Tony Atkins at 27/11/2015 - 17:19
Reply to the comment left by "Tony Atkins" at "27/11/2015 - 17:19": Hi Tony, my example was a ltd company doing property development that only owns 1 property at a time (buy and do up, then sell, and only then...
Read More →Reply to comment left by Alison King at 27/11/2015 - 17:00
Reply to the comment left by "Alison King" at "27/11/2015 - 17:00": Thanks Alison, seems you agree with my hope, and that a property dev Ltd company owning and selling 1 property at a time, should not attract SDLT
Read More →Reply to comment left by money manager at 26/11/2015 - 12:56
Reply to the comment left by "money manager" at "26/11/2015 - 12:56": Thanks for your thoughts. Certainly seems confusing, not a 1st home or a 2nd house either, would they consider it a 1 and a 1/2 home then? I...
Read More →26th November 2015, 10 years ago
I own a Ltd company, which in turn owns 1 property (property was purchased at the outset in cash and in the name of the ltd company). If the company sells that 1 property, and then post April, buys another...
Read More →3rd December 2014, 11 years ago
Unfortunately HMRC don't consider the profit you make ie the 200 PCM. You pay tax on the income you receive ie the rent you receive. You can deduct the interest part of your mortgage costs, but not the capital. So...
Read More →3rd December 2014, 11 years ago
From my understanding (having read Carl Bayley's book and had some advice from him too), Steve's suggestion that a Ltd company selling a property that has increased in value will pay more tax than an individual is definitely wrong. If...
Read More →9th June 2014, 12 years ago
I went down the Ltd company route (more advantageous for me as a developer rather than investor). But through the research I did on ltd companies, it looked very complex to transfer properties from personal ownership to ltd companies. The...
Read More →27th May 2014, 12 years ago
I think this is normal practice - yes, it may be surplus now, but in 1 year's time the roof may need repairing, and the repair is down to wear and tear over the last 10 years perhaps. That is...
Read More →26th May 2014, 12 years ago
Hi Jonathan, Definitely some good ideas there for the future. I actually avoided Milton Keynes because I have family there and wanted to keep my first property very separate -and do it all myself (probably sounds a bit bizarre!) but...
Read More →26th May 2014, 12 years ago
Hi Sarah, Rather than add anything else on yields v capital where a lot of good advice has been given, a few thoughts from me on location which also seems to be a question for you. A few months ago...
Read More →28th April 2014, 12 years ago
Lou, Carl Bayley's book on property tax has a good and easily understood explanation of how this works. My understanding, as I looked into this, because I did a let to buy on my property when I moved house is...
Read More →28th April 2014, 12 years ago
I am also experiencing a council tax anomaly, although a different situation. I bought a property in Feb and am just about to rent it out, but gave had to pay full council tax since the date I bought it....
Read More →8th April 2014, 12 years ago
Best giggle of the day :-)
Read More →Reply to comment left by Mark Alexander at 01/04/2014 - 08:42
Reply to the comment left by "Mark Alexander" at "01/04/2014 - 08:42": Hi James, I had a similar situation as yourself, albeit with a lower level of cash. In my case I am freelancing but don't yet have the full...
Read More →1st March 2014, 12 years ago
Bianca, I can't offer any input or advice on legalities, but I want to tell you that you are being very strong and courageous. Suffering domestic violence is Something no woman should have to go through, especially with young chIldren....
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