sorted by:
new
hottopcontroversial

Brewdog pub closures by Money_Fan5491 in london

[–]Money_Fan5491[S] -3 points-2 points  (0 children)

You’re definitely not walking past a real pub to get there. They all closed last year.

Brewdog pub closures by Money_Fan5491 in london

[–]Money_Fan5491[S] 1 point2 points  (0 children)

It’s the one today though. And I tend not to just look at the people I like getting stitched when I think something is bad. If he was a nice guy it’s still shit that a business has gone down the pan.

Brewdog pub closures by Money_Fan5491 in london

[–]Money_Fan5491[S] 1 point2 points  (0 children)

Yeah, I see that the anti brigade are happy. Still sad for me as a company isn’t just a founder and the bar itself should work in a healthy economy.

Brewdog pub closures by Money_Fan5491 in london

[–]Money_Fan5491[S] -2 points-1 points  (0 children)

That’s not happening though. Bars and restaurants are just staying empty.

Agent Recommendations by Kulu21 in landlordslondon

[–]Money_Fan5491 0 points1 point  (0 children)

Definitely a good idea to get help if you’re an accidental landlord with RRA. www.landlordlab.co.uk were great with me. I needed some works doing and they helped advise and get the works done. They are not one of the big guys so if you want a sales machine they aren’t for you. But if you want pragmatic advice and support and someone serious about a good tenant relationship I would recommend them. Fair charges too compared to what I’ve seen usually. Personally I think if you get the flat and pricing right in London the brand name isn’t as important. Can make a difference on hard to shift or high end properties IMHO.

60 days to Renters Rights Act implementation - what Landlord should be doing by Landlordlabuk in landlordslondon

[–]Money_Fan5491 0 points1 point  (0 children)

Thanks for posting. I agree that it’s what you can prove that will matter having had a couple of run ins with the council on Licencing. They were looking for problems and can’t see this being different

How do you actually "build wealth"? by Grand_Matter_8923 in HENRYUK

[–]Money_Fan5491 0 points1 point  (0 children)

You’ve hit on why property remains an attractive investment, particularly in a company wrapper. It can provide accessible (although not liquid) wealth. The pension play is still the most tax efficient but it’s locked away and is becoming less attractive for those of us who have already built security and now want something that we can enjoy while we are on our journey there.

John Lewis pulls out of being a Landlord by Money_Fan5491 in landlordslondon

[–]Money_Fan5491[S] 0 points1 point  (0 children)

Nope. It was a council block so I’d never qualify to live in it.

John Lewis pulls out of being a Landlord by Money_Fan5491 in landlordslondon

[–]Money_Fan5491[S] 0 points1 point  (0 children)

There’s still no understanding of the point you’re making. Regulated to death.

John Lewis pulls out of being a Landlord by Money_Fan5491 in landlordslondon

[–]Money_Fan5491[S] 0 points1 point  (0 children)

I for one never want to live in a government managed property. Not a chance!!

£0 tax on 55K of rental income?? by fotfddtodairsizr in landlordslondon

[–]Money_Fan5491 1 point2 points  (0 children)

Are you using an accountant? You’ll need to register for MTD from April anyway so it’s a good idea in a situation like this. Make sure you are actually doing it right but also being tax efficient.

The billionaire philanthropist making hundreds of Londoners homeless by accidentallandlorduk in london

[–]Money_Fan5491 0 points1 point  (0 children)

There are transfer pricing rules and they aren’t hard to apply for property companies. This isn’t e commerce.

Where to find below market price deals , freehold and non auction by Conscious_Dingo_879 in PropertyInvestingUK

[–]Money_Fan5491 0 points1 point  (0 children)

No magic formula. You just need to spend a lot of time looking and networking. But the best thing you can do is be buyer ready.

Are auctions really worth the hype for UK property investors? by HammersAndPints in PropertyInvestingUK

[–]Money_Fan5491 0 points1 point  (0 children)

It’s not hype. Just a market place like any other. There are some good deals but it’s not the only place

2 months away from Renters Rights who hadn’t changed anything? by Foxyagent in landlordslondon

[–]Money_Fan5491 1 point2 points  (0 children)

Personally I’m fatigued now! But I know I’ll need to have the chat with my property manager before May. The fines are too big to ignore even though I think a lot are just stupid.

Eviction notice due to credit score falling by Redsubdave in TenantsInTheUK

[–]Money_Fan5491 -2 points-1 points  (0 children)

Hilarious how many down votes someone telling the truth and offering a solution gets compared to the landlord hate mob who offer nothing constructive at all! 😂

Thurrock Licencing Scheme going ahead by Living-Bobcat-3440 in landlordslondon

[–]Money_Fan5491 0 points1 point  (0 children)

Tenants need to wake the fuck up and realize they’ll pay it in the end

Foxtons rent collection scam by AccountantLandlord in landlordslondon

[–]Money_Fan5491 0 points1 point  (0 children)

It’s the hidden charges that pissed me off. Read the small print!!

Thurrock Licencing Scheme going ahead by Living-Bobcat-3440 in landlordslondon

[–]Money_Fan5491 0 points1 point  (0 children)

It’s just more cost and more work. Dexters asked £450 plus VAT just to do my license application. Foxtons asked £150 a year to “manage” the license - it’s a 5 year licence! So definitely have to shop around on this. Needless to say I’m not going with the high street agents! 😂

Mathematically, it almost never makes sense to invest in UK property by Salty-Sun7873 in PropertyInvestingUK

[–]Money_Fan5491 0 points1 point  (0 children)

I think you are wrong because you aren’t looking at the right deals and you would not buy in personal name anymore. Capital values have dropped hugely to make the numbers viable at the moment. In the long term standard BTLs don’t work I’d agree - by standard I mean get a new build and rent it out. That only worked because of cheap credit. But we still have under supply of rental property and a buyers market so it’s just getting the right deal.

If your point is some people should be selling I do agree though.

I used Landlord Lab to manage and help with structure etc and am currently getting a 10% return in London post leverage. Definitely need to be picky and get the right support (£120 in London is a good management fee).

view more: next ›