David Lester

Registered with Property118.com
Saturday 10th June 2017


Latest Comments

Total Number of Property118 Comments: 12

David Lester

9:08 AM, 29th November 2018
About 2 weeks ago

You do not know me!

Great article, learned a great deal and will definitely be changing practices to avoid some of what was said, thanks.... Read More

David Lester

9:43 AM, 20th November 2018
About 3 weeks ago

David Lester

8:57 AM, 17th October 2018
About 2 months ago

Proposal to make BTL a time limited offer - Feedback request

1. No
2. None
3. N/A
4. No
5. Better off with current tax
6. Why should we give our money to Tenants?... Read More

David Lester

11:00 AM, 10th October 2018
About 2 months ago

Straw Poll to combat further government attacks - Please help

Out of six properties only two would be eligible for Capital Gains Tax if sold today.... Read More

David Lester

10:15 AM, 10th October 2018
About 2 months ago

Straw Poll to combat further government attacks - Please help

At present my wife and I have three properties that qualify: -
1. Our flat, couple have been with us for four and a half years, prior to that 10 years in another flat, only leaving because owner wanted to live in property.
2. A house with a professional family from Spain, if they wanted to buy now the current Capital Gains Tax allowance would cover increase in property value.
3. The third property our original BTL and my parents’ home, we have now owned it for ten years. It is inside the M25 near Heathrow Airport and has increased about £100,000. Since reading the article I have been confused, which I know other readers will enjoy pointing out my ignorance. Currently if the Capital Gains part of the property is £100,000, we would get between us £22,000 allowance, leaving £78,000, CGT @ 28% £21,848, leaving £56,160, plus the relief of £22,000 equals £78,160! So why would we accept £50,000 as the proposal suggests and give our Tenants the same amount? Or have I got it totally wrong?... Read More