Kate Mellor

Registered with Property118.com
Friday 27th November 2015

Location
Manchester

Trading Status
Partnership

Insures properties through a broker recommended by Property118
No


Latest Comments

Total Number of Property118 Comments: 260

Kate Mellor

18:04 PM, 6th September 2018
About 2 weeks ago

Tenant in, no agreement and agent not sending rent?

Reply to the comment left by Michael Barnes at 05/09/2018 - 12:00
It says tenancy agreement in the question...😏... Read More

Kate Mellor

23:55 PM, 4th September 2018
About 2 weeks ago

Tenant in, no agreement and agent not sending rent?

In relation to your not having signed the tenancy agreement, it is likely that the agent has signed it on your behalf. Your copy will only be signed by the tenant and the tenants copy by your agent on your behalf. Technically each party’s copy only needs to be signed by the other party to the agreement.... Read More

Kate Mellor

20:25 PM, 4th August 2018
About 2 months ago

We have inherited a property portfolio - what next?

Mark, can you clarify why it’s important to have the additional operating expenses of business bank accounts, email addresses and stationery? Is it just to “evidence” the business operations if HMRC were to challenge you?

My husband and I try to avoid unnecessary expenses that don’t actually add anything in terms of profitability, so don’t currently use a business account for our partnership. I note that your checklist of whether we’d qualify as a business for incorporation relief discounted us on this fact when our accountant states there is no question that we are operating as a business.... Read More

Kate Mellor

22:19 PM, 31st July 2018
About 2 months ago

Can I buy Mother's house in installments as IHT planning?

IHT planning is NOT something to do on your own without professional advice. I’ve just read a very good book on the topic and there are so many angles in this scenario which could result in you paying MORE IHT rather than less if you make any missteps. For one if your mother is actually living in the property or receiving the income for it the property will remain in the estate for IHT purposes despite you potentially having paid SDLT and your mum having potentially paid CGT on the transfer. Professional advice will pay its cost MANY times over compared to the blunders you’re likely to make without it and the opportunities to make savings missed.... Read More

Kate Mellor

21:21 PM, 30th July 2018
About 2 months ago

Council want to strangle the high street along with the PRS

Reply to the comment left by Robert Mellors at 30/07/2018 - 10:51That’s bob-on Robert. Every one I speak to says the same thing! It’s not rocket science but councils don’t want to hear it. Our local town council is spending an absolute fortune on big developments to bring people in and in the meantime the high street is dying on its a*se with all the big name stores closing one by one!... Read More