SimonP

Registered with Property118.com
Monday 30th November 2020


Latest Comments

Total Number of Property118 Comments: 15

SimonP

17:53 PM, 6th January 2022, About 2 weeks ago

Avoiding the additional stamp duty by transfer of deeds?

I wore myself out just reading this. Speak to an accountant and stop penny-pinching.... Read More

SimonP

18:26 PM, 26th November 2021, About 2 months ago

Tenant refusing to leave and give electrician access?

First of all, I am assuming that the children are not minors, since 18 is the minimum age required to legally own land or property in the UK.

Then I'd look at the company accounts, which are freely available online from Companies House, and see what was paid out by way of salaries and wages. Then raise a query with HMRC if you think that the payslips are bogus and that the company has not really paid those children anything at all: that's called fraud.... Read More

SimonP

19:58 PM, 17th November 2021, About 2 months ago

My procrastination will end up costing my kids £300,000

With your property supposedly now valued at £5.75m, a £300k tax bill is a mere drop in the ocean. I wouldn't worry about it. And with such a large portfolio I am surprised you hadn't incorporated sooner. Need to change your accountant my friend.... Read More

SimonP

19:52 PM, 17th November 2021, About 2 months ago

My procrastination will end up costing my kids £300,000

If that's not an advertisement I'll eat my hat.... Read More

SimonP

20:54 PM, 6th November 2021, About 3 months ago

Access for roof space conversion?

So buy the flat and then you can do what you (legally) want with it. Simples!... Read More