Kieron Brophy

Registered with Property118.com
Saturday 26th July 2014


Latest Comments

Total Number of Property118 Comments: 3

Kieron Brophy

10:00 AM, 24th February 2018
About 3 years ago

Kieron Brophy

18:51 PM, 13th October 2014
About 7 years ago

Property Investment Strategy and Advice Required

Reply to the comment left by "Alan Capper" at "13/10/2014 - 18:28":

Hi Alan,
Thank you for that.A very interesting idea!

A couple of queries aged 53 and 55 would we get a 25 year loan? As a remortgage there is no CGT to pay. I like this

The remortgage of £337500 does not mention the current BTL mortgage is that paid off out of the £337K? it currently costs £635 pm on a repayment basis.

I take it this is all predicated on an interest only loan - which I have no problem with

Cheers
Kieron... Read More

Kieron Brophy

17:02 PM, 13th October 2014
About 7 years ago

Property Investment Strategy and Advice Required

Reply to the comment left by "Mark Alexander" at "13/10/2014 - 13:05":

Mark hi,
thanks for opening a new thread.

in reply :-

I was thinking about an exit strategy to free up cash

I have a repayment mortgage which has £90k outstanding now but will be paid off in 2020.

I am concerned about the amount of CGT to pay if I sell the BTL. Thats why I was thinking of selling my PPR

I was thinking about selling the BTL for £450k payoff the loan and CGT and then use say 80K deposit to buy a 2 bed flat for about 230k producing approx 15K PA rent

What do you think?

any information is much appreciated
thanks
Kieron... Read More