Mark Crooks

Registered with
Tuesday 24th May 2016

Latest Comments

Total Number of Property118 Comments: 8

Mark Crooks

9:51 AM, 5th April 2019
About 6 months ago

Worried to call mortgage supplier over consent to let

Personally I wouldn't bother mentioning it.
It's quite a grey area as well as you are also residing in the mortgaged property. So it's not a BTL property.
So long as you are making your payments on time I'm sure the Halifax are quite happy.

If you really cannot stop thinking about this then you should give them a call and tell them everything and be prepared for an increase in interest rate. If they don't change the rate then that's a bonus.... Read More

Mark Crooks

11:01 AM, 28th August 2018
About A year ago

Subsidence on prospective neighbouring property?

In my opinion you shouldn't rely on the vendors promise to cover any costs.

My first thought would be to see if there is an insurance policy that can be taken out to cover any future claim against you (or any future owner of the property you intend to purchase) and if so, get the vendor to purchase that for you as part of the deal.

Similar policies are available to cover when leasehold landlords are absent or when building regs certificates have not been issued etc.... Read More

Mark Crooks

7:15 AM, 6th January 2018
About 2 years ago

Social Landlord not prosecuted despite mass gas safety breaches!

I suggest everyone who is angered by this should send a link to this article to their MP. This is outrageous. Read More

Mark Crooks

7:33 AM, 23rd December 2017
About 2 years ago

400k cash to invest but how?

Blow it all on booze and strippers. Oh sorry, wrong forum! There are so many options but I guess it boils down to how much work you want to do. Flipping has the possibility of generation more profit but is more risk and potentially more work. Whereas BTL are pretty safe and profit is limited to the rent received (assuming you don't sell and realise capital growth). Reading RDPD as mentioned above is a must for anyone looking to invest in property.... Read More

Mark Crooks

8:37 AM, 7th January 2017
About 3 years ago

Selling Buy to let and CGT

Don't let £50k stop you from actioning your ELP.

My two penneth would be to seek out advice from a few expert property accountants and action a plan now.

Imagine in 10 years that the tax regime 'might' be more favourable. Will you have the energy and enthusiasm to action a plan like you have? The tax regime could even become harsher with a Labour Gov.... Read More