Ross Tulloch

Registered with Property118.com
Tuesday 4th April 2017


Latest Comments

Total Number of Property118 Comments: 71

Ross Tulloch

11:03 AM, 4th January 2021
About 2 months ago

Council tax and mortgage interest on empty property for over 15 months?

On what you you have said, yes, as they were being prepared for letting. Also the renovation work would be deductible unless it was capital expenditure work (loft extension etc). This is how I see it and have done same in the past... Read More

Ross Tulloch

11:11 AM, 27th November 2020
About 3 months ago

£10 billion for more homes, end rough sleeping and communities

Amazing that they are doing this but happy to have tenants evicted because minimum room sizes mean it is better to have someone on the street sleeping rough (legal) but not in a comfortable room because deemed too small. We have had to sell two properties evicting 8 because one room was just under the 6.51m rule... Read More

Ross Tulloch

10:12 AM, 24th November 2020
About 3 months ago

Tax implication for taking and paying back mortgage payment holiday

Unless I am missing something: 1: Yes, fewer costs, more tax. 2: when you pay back the 3 months interest, that is deductible ( at the new 20% rate). If you pay back part of the loan, that is not interest and not deductible.... Read More

Ross Tulloch

8:53 AM, 22nd June 2020
About 9 months ago

Struggling to find lodgers during lockdown?

Almost zero demand in London, we let out rooms as well...... Read More

Ross Tulloch

11:31 AM, 12th June 2020
About 9 months ago

Mortgage company put me on variable rate doubling my interest payments?

Would not a payment holiday affect your credit rating?... Read More