Where to buy our first BTL property & seeking an accountant locally

by Sharon

13:26 PM, 8th August 2013
About 7 years ago

Where to buy our first BTL property & seeking an accountant locally

Make Text Bigger
Where to buy our first BTL property & seeking an accountant locally

Firstly, my partner and I are looking to purchase our first BTL property and I wondered what criteria to use for optimum location.Sharon Jones

My research tells me that first timers usually buy close to where they live and this is what we initially thought. However, for the cost of what we can buy in an area of Kent with a likely rental approx £350 pcm, we could (for much the same outlay) potentially buy 2 in a cheaper area of the UK with a rental of approx £300 pcm on each. This seems to offer a better yield but due to the distances etc we should probably have to go for fully managed as we both work full time and could not attend to things ourselves.

We are novices and looking to learn from experienced people so all advice is appreciated, even ‘obvious’ stuff!

Secondly, can anyone recommend a good property accountant local to East Kent please? I understand the arguments re travelling out of area to a good one being a necessary & legitimate business expense etc. but we are limited by time more than anything and should like to do business locally.

Looking forward to your kind responses so thank you in advance.


Share this article

Twitter Facebook LinkedIn

Comments

Vanessa Warwick

11:48 AM, 12th August 2013
About 7 years ago

Well Mark, in April 2004 I released some equity and started investing in property.....

THAT is how I now have time! :0

As you have been on multiple holidays this year yourself, I am surprised you didn't know the answer to that one!!!!

Mark Alexander

12:02 PM, 12th August 2013
About 7 years ago

Reply to the comment left by "Vanessa Warwick" at "12/08/2013 - 11:48":

LOL - busted!
.

Sharon

18:39 PM, 12th August 2013
About 7 years ago

Reply to the comment left by "Vanessa Warwick" at "12/08/2013 - 10:35":

Hi Vanessa

Firstly, thank you so much. I'm sure you don't have time but it's probably a case of 'if you want something done, ask a busy person....' as I am one of those myself (2 jobs, working 6 days a week for 15 years!)
I shall collect my thoughts and questions and be in touch later this week 🙂

Whiteskifreak Surrey

16:04 PM, 28th September 2016
About 4 years ago

Hi Mark and All,
We just came back from holidays only to find out that our accountants dumped us (we have been with them for one year). We are looking for someone in Surrey area, we only have a local very small portfolio.
Can anyone recommend a trusted professional with reasonable rates (in our part of the world the return is not brilliant...).
I will be grateful for any leads provided. Thank you.

Mark Alexander

16:22 PM, 28th September 2016
About 4 years ago

Reply to the comment left by "Whiteskifreak Surrey" at "28/09/2016 - 16:04":

Please see the bottom of our tax page
.

1 2

Leave Comments

Please Log-In OR Become a member to reply to comments or subscribe to new comment notifications.

Forgotten your password?

OR

BECOME A MEMBER

Welsh temporary lockdown - Is moving home permitted?

The Landlords Union

Become a Member, it's FREE

Our mission is to facilitate the sharing of best practice amongst UK landlords, tenants and letting agents

Learn More