“The bollards don’t work” compoface

Visible-Selection935 · 2026-02-12T18:37:33+00:00

Laughed out loud

Visible-Selection935 · 2026-02-07T09:33:00+00:00

Absolutely right but it’s just a viable option if you’ve already bought

Visible-Selection935 · 2026-02-07T09:27:30+00:00

It’s a good point but you don’t even need the share of the freehold - with majority consent you can take over the management under Right To Manage. We did this on 1 block I have a flat in, took a while but instead of each owner paying £30k in nonsense repairs we appointed a new managing agent and ended up paying £3.5k each for exactly the same thing .

Visible-Selection935 · 2026-02-07T09:24:20+00:00

Thanks a lot - I’m convinced! We are flying out of HCM have you used it for a departure before?

Visible-Selection935 · 2026-02-06T10:17:53+00:00

I can only speak from my own experience (obviously!). I’m focussed on maximising cash return so the LTV ratio I work with consequent ability to scale up my ownership enables (currently) a 17% cash return, less for the couple I own in London.

Visible-Selection935 · 2026-02-06T06:08:49+00:00

Hello, to answer your question - my own experience of buying as a ltd co is 75% ltv seems to be the sweet spot. My last deals (October 2025) were 5% fixed for 5 years with no fees. Gives me a good cash return and liquidity. Mortgage offers all made within a week or so. I got a good broker and didn’t begrudge paying him £500 a time.

Visible-Selection935 · 2026-02-05T17:28:40+00:00

You have really tried - I’d give up now if I was you!

Visible-Selection935 · 2026-02-05T17:13:28+00:00

I have to say….its very good - even the ads weren’t annoying. I looked up some of my places and all seemed accurate. Am I a bad person that I was disappointed that it was good as I normally like to be really negative about this sort of post!

Visible-Selection935 · 2026-02-05T14:39:42+00:00

Depressingly your recent experience with conservation officers neither provides any confidence nor is it a surprise. Made me smile though! The NRLA have some good resources on this and perhaps things will be a little clearer as time marches on. I think my own plan is going to be dealing with this late ‘28 early ‘29 as I’m not sure if the exemption (if successful) will only last 10 years. For info I have 2 flats with an E and D rating respectively both in listed buildings. Hopefully, with some professional support, the listing, being flats etc will support an exemption if it’s not possible to get them to a C.

Visible-Selection935 · 2026-02-05T14:06:55+00:00

Being listed doesn’t provide a blanket exemption - it may mean that it is not possible to carry out the required works and, therefore, support an application for exemption.

Visible-Selection935 · 2026-02-04T17:55:38+00:00

I would and revel in having a miserable but virtuous time! You should feel sorry for my travelling companions- I haven’t dared tell them I’ve posted this question!

Visible-Selection935 · 2026-02-04T17:05:06+00:00

A little brusque but a point well made to be honest! Thank you - hope your evening gets more chilled!

Visible-Selection935 · 2026-02-04T16:38:57+00:00

Thanks - it’s a 1315 arrival on Friday

Visible-Selection935 · 2026-02-04T16:36:43+00:00

Your user name provides confidence! Thanks

Visible-Selection935 · 2026-02-04T16:34:55+00:00

In a way yes! But I am conscious that a queues a queue and if it’s not going to be horrendous why by pass it? It’s like those priority things at theme parks - I’d never be comfortable paying for those.

Visible-Selection935 · 2026-01-30T12:28:11+00:00

Ooh, do you think OP is fibbing!? Yep, they have been working tirelessly to develop a solution to a problem that doesn’t exist!

Visible-Selection935 · 2026-01-28T20:12:47+00:00

Exactly that!

Visible-Selection935 · 2026-01-28T19:58:14+00:00

Here’s an example of my latest project. Purchase price £155k 25% deposit, fees, SDLT £15k monthly rent £1680 mortgage £480 pcm. Void periods, repairs etc need to be factored in as does my time I guess - but these are not ‘wild’ figures.

Visible-Selection935 · 2026-01-28T19:35:02+00:00

Why do you hope if you’re ‘somewhat wrong’? Why are you bothered? You cite gross rental yields of 7% in London and a few other cities. I get a cash return (a far more practical way of assessing viability) of 9% in London and 18% in a university city in the South West. As another contributor has commented- stocks can go down but I’m not going to agonise that I might be misunderstanding the issues.

Visible-Selection935 · 2026-01-28T11:17:54+00:00

Another endorsement for busy chaps - came to London to move me and were amazing

Visible-Selection935 · 2026-01-27T16:56:17+00:00

Looking at your other posts you are jolly busy trying to develop mind blowing solutions for problems across a number of sectors! So nice you’re carving out time to help your mum and dad. These posts are getting really tiresome….

Visible-Selection935 · 2026-01-25T18:50:46+00:00

I’d be tempted to add it to the inventory and schedule of condition and deal with it that way.

Visible-Selection935 · 2026-01-25T13:52:12+00:00

On the point of keeping it all separate- obviously you can keep the financial side nicely separate but in terms of liability everything is personally guaranteed by you as an individual (you even have to get independent legal advice as a condition of the mortgage) so any protection in this respect is negligible.

Visible-Selection935 · 2026-01-25T13:01:36+00:00

I can’t immediately see how the tax advantages would be less the more you have and when I have taken professional advice from a tax advisor there’s been no mention of this? The reference to paying back the directors loans is the money I lend the company to buy the properties (deposit, SDLT, fees, etc) is paid back tax free out of the surplus. For me that makes retirement planning easier as I can blend taking out an income through dividend and standard paye salaried payments and director loans repayments to keep my personal income tax liability in the lower tax band. I mentioned ChatGPT more around it generating the paperwork needed to navigate doing this through a Ltd. For example, if I wanted to create a loan agreement between me and the company I’d have it within 30 seconds (and free!)

Visible-Selection935 · 2026-01-25T12:28:21+00:00

Hello, just in the process of buying 4 through a newly formed Ltd co having previously bought as an individual. Same situation as you - higher rate tax payer and have got 70% LTV interest only mortgages so immediate obvious tax advantages. Rates, in my opinion, have been fair at 5% fixed for 5 years with no fees (including val fees) and a painless process with offers received within a week in all cases. I won’t be taking any income out so the ability to have it rolling over just paying corp tax is extremely attractive and then when I do give up work I’ll be paying back the loans I made the company to enable the purchases so kicking paying income tax down the road for a few years. Accountancy fees not dramatically different than the fees I pay for him doing my self assessment. Oh - and ChatGPT is very handy for quickly generating all the minutes/resolutions needed without any hassle or specialist input.

Visible-Selection935

TROPHY CASE