Jayemgee

Registered with Property118.com
Wednesday 8th April 2020


Latest Comments

Total Number of Property118 Comments: 6

Jayemgee

15:52 PM, 13th August 2021, About 2 months ago

Stamp Duty - First Time Buyer - Company Buy to Let?

Yes correct Aslong as you individually purchse your residence you get 1st time buyer relief and I would stagger the transactions and get that done 1st. Then you can purchase the BTL but #3% tax is due whether in your name or a compoany.
You need to take lots af advice as the tax structure for a company demands much understanding and is NOT the correct thing for everyone. You will have to deal with Corporatin Tax, Companies House, getting a business account & preparing annual accouts through an accountant. At present many banks are refusing to open Business accounts. I had a great del of difficulty even though it was my personal Bank. So check everything out properly.
Ex HMRC employee... Read More

Jayemgee

15:44 PM, 13th August 2021, About 2 months ago

Additional Dwelling Supplement (ADS) payable on multiple purchases under £40k?

The proble is the one mortgage and so 4% is due.
Ex HMRC employee... Read More

Jayemgee

0:01 AM, 16th May 2020, About A year ago

Management Company Overcharging?

Reply to the comment left by BernieW at 15/05/2020 - 13:41
THER ARE 36 FLATS SO IF I GET O JOY I WILL VISIT MY FRIEND WHO LIVES NEARBY THE FLATS AND TRY A PERSONAL LETTER THROUGH THE DOOR OR KNOCK. THERE HAVE OPEN FRONT AND RER DOORS. FP TOOK AWAY THE SECURITY SYSTEM WHEN THEY REPLACED THE DOORS!!!... Read More

Jayemgee

3:51 AM, 15th May 2020, About A year ago

Management Company Overcharging?

Reply to the comment left by BernieW at 14/05/2020 - 09:08
I will try your suggestion re Land Registry as I live 500 miles from the flat that was mine and I cannot sell - mainly due to FP massive management fees.... Read More

Jayemgee

0:01 AM, 14th May 2020, About A year ago

Management Company Overcharging?

I put in Official complaint and it is still ongoing. I will be contacting them now about consultations but as I am stranded out of UK it has to await repatriation. They continue to do jobs that the previous company managed the block well without for ever calling out people . Now we have lost out hedging rather than having it trimmed. Hence another cost. FP CONSULT ABOUT NOTHING and all the flats are tenanted so owners do not know one another.... Read More