james pearce

Registered with Property118.com
Saturday 18th October 2014

Latest Comments

Total Number of Property118 Comments: 34

james pearce

11:22 AM, 20th May 2019
About 6 months ago

Loft conversion without planning permission or building regs

I had a slightly similar situation several years ago albeit the third floor on a terraced house. The loft conversion was clearly illegal and not fit for purpose although a tenant had been using it for years. When I phoned the council there seemed to be an implication of grandfathers rights. I reduced my offer by the price of a loft conversion and gutted the house and did the loft properly anyway.
Substantial discount should be order of the day........ Read More

james pearce

17:59 PM, 25th August 2016
About 3 years ago

Capital gains on BTL to be taxed as income

So when will this be introduced?
or has it already?... Read More

james pearce

15:43 PM, 1st August 2016
About 3 years ago

What is the science behind an offer price?

I make many offers for each successful bid, I'd be concerned if most bids were accepted.
Art or science? State of the market has a huge bearing on what discount you can get away with.
Don't bid above what you feel comfortable with......... Read More

james pearce

16:46 PM, 30th June 2016
About 3 years ago

Expensive quotes for new build?

you should check but I don't believe you should be paying a builder VAT on a new build if he's doing the lot anyway.
If you're using subs it gets more complicated.
There should be no VAT on supply and fix items from subs either although they will tell you different.
£150/ft2 doesn't sound a million miles away for a small house in this climate.
Easy way to get costs down is to manage it all yourself.... Read More

james pearce

14:37 PM, 3rd June 2016
About 3 years ago

Advice appreciated for my biggest venture yet on build cost and time?

Hi Allan,
Where you are in the country has a huge effect on your build costs, so whereabouts are you?/
130/ft2 might be closer to the mark in the Oxford area.
Small units are relatively more expensive to build per ft2
Sounds exciting......... Read More