Shelter’s Income and expenditure figures highlighted13:57 PM, 4th February 2019
About 3 weeks ago 35
I live most of the time in the Channel Islands. Contrary to the popular imagination that was given out by John Netttles in the 1980s, the Islands are accessible and easy to get into (in the right Island). There are plenty of houses available to purchase at what (compared with London) are reasonable prices.
I’ve bought and renovated one, and am currently on my second, which will become a holiday home rental.
Both property laws and landlord law is different here. The property law can be strange at times, but not too difficult to negotiate.
Landlord and tenant law is approximately what it was in England or Scotland in the 1950s!!!
I thought it would be a useful thing to have a topic where people looking for potential investment properties, with tax benefits (20% income tax top rate, no capital gains tax, no inheritance tax) could discuss things, and I can share what I’ve learned.
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