16:00 PM, 1st July 2020, About 2 years ago 5
Hello, Consider the following scenario:
Person A has £100k to pay towards school fees over the next 5 years. Fees are 20k per year (6,700 x 3 terms). On the basis that Person A has the lump sum up front is there a model, using residential BTL property to fund the fees or at least part of the fees each term with the view of making the overall spend for the 5 years as close £0 as possible.
Assume Person A;
1) is an experienced BTL landlord (residential)
2) will only pay 20% tax ( ie wont be affected by the interest restriction) – simply because combined income from Person A and wife is within the 20% threshold.
3) Assume 5% return each year after maintenance etc but before tax
4) Assume 1% growth over the next 5 years ( before tax, likely not to be any liability)
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