Chris Bradley

Registered with Property118.com
Friday 6th December 2019


Latest Comments

Total Number of Property118 Comments: 3

Chris Bradley

10:51 AM, 21st March 2020
About A week ago

No Rent For Buy To Let Landlords

Reply to the comment left by Jessie Jones at 21/03/2020 - 09:28
Thankyou, interesting information.... Read More

Chris Bradley

18:11 PM, 19th March 2020
About 2 weeks ago

No Rent For Buy To Let Landlords

I've a small. Portfolio, two student properties and one family. Both students lets have told me that the university is shut till Sept and they are all going home. If their student loans come in for next term then they should pay the rent, if not they will have no means to pay the rent, wait they can apply for benefits, but they live at home so no rental benefit. The btl mortgage holiday is not well explained, it looks to tenants like free rent, not delayed rent. The btl mortgage holiday means little to me, as the property have very low borrowing so I can use the income to live on. I have a little put aside for home repair emergency, I do not have rent guarantee insurance. The emergency fund will be gone in about 6weeks. Then I'll need benefits or borrow to eat. Would I qualify for benefits? What happens if the students don't pay the utilities to end contract, there will be reconnection charges. I'll also need to arrange someone(at a cost) to keep a check on my properties for insurance on unoccupied properties to be valid, should I tell my insurance company that's students have just left and pay an inflated premium for unoccupied or wait 30 days to do so. So much uncertainty,... Read More

Chris Bradley

23:31 PM, 13th February 2020
About 2 months ago

Can beneficial ownership be claimed without the paperwork?

Reply to the comment left by Victor at 13/02/2020 - 10:46
Interested to know if CGT is applicable. If the shares are gifted. - - mum gifts 49% to son. If 49% is over £40k then stamp duty could apply, but would CGT apply as mum didn't recieve any capital. Although inheritance tax could apply for 7years on the value of gift depending on value of estate.... Read More