Harry Chunk

Registered with Property118.com
Saturday 22nd August 2015


Latest Comments

Total Number of Property118 Comments: 26

Harry Chunk

10:07 AM, 28th February 2019
About 5 months ago

Stamp Duty 15 properties or more?

The HMRC website says three years for disposal of previous residential property.... Read More

Harry Chunk

13:26 PM, 20th April 2017
About 2 years ago

Shared House down to one tenant but no agreement?

Thanks Neil. Any comments by Gary Dully would be appreciated.... Read More

Harry Chunk

13:22 PM, 7th February 2017
About 2 years ago

SDLT on tenants in common split 99% to 1%

Hi Kais

Mark Alexander is right, I think you need some professional advice on this.
It may be that you can avoid SDLT by
1. Using a deed of trust and passing your wife part of your beneficial interest.
2. Remortgaging your other property sufficiently to repay all the mortgage on this property. you could then gift her 50% free of SDLT as no SDLT is payable on gifted property free of mortgage.

£23,750 is a lot of tax to find especially when most of it can be avoided and can pay for a lot of advice to do just that.

Regards
Harry... Read More

Harry Chunk

10:00 AM, 19th January 2017
About 3 years ago

What happens next if Tenants now start to claim Housing Benefit?

Reply to the comment left by "Gary Dully" at "19/01/2017 - 02:33":

Hi Gary

I love your style. I always read your comments with glee. I have been a landlord for 20 years but could never be as hardnosed as you, it's just not my nature. However I can get close to it if the rent is paid late. If the rent is only two days late I start texting or telephoning to find out the excuses. Once rent gets behind it is almost impossible for the tenant to make up.

Keep up the comments.

Harry... Read More

Harry Chunk

9:49 AM, 14th January 2017
About 3 years ago

Vandalism of Period Features

I like them and indeed I had one myself years ago. However I wouldn't replace it for tenants if it was immaculate as it will cost a lot to replace and you are only receiving rent of £400 per month. On a practical nature if you live in a hard water area it will be a nightmare to keep clean and show limescale and water stains very easily as all the coloured bathroom suites did. For that reason it probably won't stand the test of time with tenants.... Read More