Piler

Registered with Property118.com
Saturday 8th June 2013


Latest Comments

Total Number of Property118 Comments: 9

Piler

9:11 AM, 29th January 2016, About 6 years ago

Summer Budget 2015 - Landlords Reactions

Reply to the comment left by "Ros ." at "25/01/2016 - 14:25":

Hi Ros,

I probably fall into this catagory and if I do it will wipe most of my profit from buy to let, I have been thinking of reducing my salary to keep below and paying the balance into my pension which may help as I,m 58 I can get access to it if needed.... Read More

Piler

14:08 PM, 14th September 2015, About 6 years ago

Positive planning and building to sell?

try this http://www.jewson.co.uk/working-with-you/for-self-builders/preliminary-planning/calculators/build-cost-calculator/
bear in mind a single plot better to go for a 3 bed if you can and the difference between standard build and high quality is £900 to 1300 per m/2 so a typical 120m/2 house may be 120K to build... Read More

Piler

22:23 PM, 29th March 2015, About 7 years ago

New regulations re Smoke and CO alarms

Reply to the comment left by "Polly Robins" at "16/03/2015 - 11:38":

Hi,
I fitted wireless linked battery powered alarms in 2 properties recently they cost around £10 each and up to 6 can be linked - they take around an hour to fix 5 and press the link button - simple... Read More

Piler

20:07 PM, 26th November 2014, About 7 years ago

Too much equity - best way to increase income

Reply to the comment left by "Sue Bland" at "24/11/2014 - 19:45":

Me and my wife have done just that, we remortgaged 4 small flats that we have owned between 12 and 8 years and put our savings with it and have bought 6 properties since Jan and hope to get 2 more - once you put your mind to it you can do it - buy one on 70% mortgage and aim to make an offer on another as soon as exchage arranged on first... Read More

Piler

21:40 PM, 20th May 2014, About 7 years ago

Just getting started on a long term BTL strategy

I've increased my portfolio over last 6 months - a mixture of flats and multi lets,we have previously bought flats and very confident about managing them as they are easy to rent and maintenance is low and hands free. but lease management costs do cost a bit and need to be carefully checked as they knock the yields. We,ve now got 2 terraces for multi let this is a new area for us so we are treading cautiously. I've used the Landlord calculator and it is a good tool -together with various other tools available if you search the net - I have made sure that base rates will have to rise to about 5% on each new venture before I get out of profit and I've kept as much cash as I can to fall back on. I try to make sure a worst case scenario will still just break even.... Read More