james pearce

Registered with Property118.com
Saturday 18th October 2014

Latest Comments

Total Number of Property118 Comments: 37

james pearce

11:35 AM, 23rd August 2021, About 2 months ago

Landlords using credit cards abroad

Just used Halifax Clarity and JAJA (formerly Post Office) outside UK for three weeks.
Both fee free cards that work well.... Read More

james pearce

11:02 AM, 1st May 2020, About A year ago

SDLT and CGT regarding new build and title split?

I can't really comment on above as such however we have recently done similar with just the one property and we are having a few issues with re-mortgage (Built with cash)
Most lenders weren't interested as they consider the company to be development rather than rental despite a change to SIC code and some even wanted us to transfer to a completely new co. which obviously isn't really viable with SDLT.
Good luck!... Read More

james pearce

9:13 AM, 14th January 2020, About 2 years ago

Buying land with boundary and title complications?

Land transactions are rarely simple it seems.
You also have to bear in mind accuracy of land registry plans is often questionable. The line showing the boundary can often scale at 1m+ which hardly helps!!
Expect this to take some time to resolve however subject to price it will no doubt be worth it..
Good luck.... Read More

james pearce

11:22 AM, 20th May 2019, About 2 years 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 5 years ago

Capital gains on BTL to be taxed as income

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