LandlordZONE

16

Apr, 2014

Wednesday

Search:

Type: Posts; User: cfaproperty; Keyword(s):

Page 1 of 17 1 2 3 4

Search: Search took 0.01 seconds.

  1. Replies
    13
    Views
    409

    Something worth clarifying with your accountant,...

    Something worth clarifying with your accountant, if the capital raising on the portfolio is going into your personal assets will you still be able to claim tax relief as a business expense on the...
  2. Replies
    4
    Views
    212

    They should look at them individually as part of...

    They should look at them individually as part of a portfolio, but they won't amalgamate incomes across a portfolio - each property has to be able to service an individual debt against an individual...
  3. A commercial lender will look at this providing...

    A commercial lender will look at this providing everything else stacks up
  4. When you wanted to let the first house, you would...

    When you wanted to let the first house, you would have to get 'consent to let' from the lender and you would have to have a good reason for needing it, e.g. having to move with a job, going in the...
  5. Replies
    6
    Views
    237

    Development funding and B2L term funding should...

    Development funding and B2L term funding should be used where the outcome of the property is known at the outset, if you intend to sell, source the former, if you intend to hold, work with the...
  6. As the property won't be generating any income (...

    As the property won't be generating any income ( the background lenders need if they are to support you) until the works are completed, you probably will have to bridge first, use your monies towards...
  7. The thing to bear in mind is that you are talking...

    The thing to bear in mind is that you are talking about a 'Balance Transfer' card, so it is designed to move a card debt elsewhere on to the new MBNA card, they are not usually cards that allow you...
  8. Looks like NatWest typical terms

    Looks like NatWest typical terms
  9. That would be the question I would be asking as I...

    That would be the question I would be asking as I suspect if it is just for an improvement in rates I doubt that will be there plus you will have two arrangement fees, valuation fees and of course...
  10. Most property lenders have a minimum lend of £25k...

    Most property lenders have a minimum lend of £25k ( this used to be the old CCA limit eons ago and many stick to it) but this doesn't mean they will lend on low value properties, just that they won't...
  11. No lender is likely to rely on a floating charge...

    No lender is likely to rely on a floating charge alone and would want a 1st legal charge AS WELL as a Fixed and Floating charge if the borrower was a new limited company.

    Lower value properties...
  12. Bridgers by their nature are more cautious and...

    Bridgers by their nature are more cautious and are unlikely to lend much above 60% LTV on commercial and the top amount of say 70% on residential properties.

    The important thing to them is how...
  13. Would have posted this yesterday but t'internet...

    Would have posted this yesterday but t'internet gave up the ghost :(nerd)::

    Whilst there is nothing to stop you pulling out of the deal and re-marketing unless contracts have been exchanged I...
  14. Do check first before you plan to let this out,...

    Do check first before you plan to let this out, that your lease allows you to sublet, this whole appraisal exercise could be a waste of your time if it doesn't or the freeholder doesn't allow you to...
  15. You shouldn't have any issues with Mortgage Trust

    You shouldn't have any issues with Mortgage Trust
  16. Replies
    8
    Views
    576

    If you can make a go of this with your own money,...

    If you can make a go of this with your own money, you will develop a level of experience that lenders will be able to consider when looking to fund in the future which you will have to do if you then...
  17. Replies
    5
    Views
    538

    London has a micro economic climate of it's own,...

    London has a micro economic climate of it's own, and whether properties are overpriced or not is a subjective view as many would argue they are obviously changing hands at a price that both a willing...
  18. Replies
    5
    Views
    538

    You can only get out an enhanced value when the...

    You can only get out an enhanced value when the project is either refinanced or then sold so take with a pinch of salt any comments from people just trying to validate why they have bought off plan....
  19. Replies
    6
    Views
    312

    pm me if you wish

    pm me if you wish
  20. Replies
    6
    Views
    312

    You need to check that there are no planning...

    You need to check that there are no planning restrictions on the use of the annexe, our own home for example, has an annexe which was granted consent only for our own elderly relatives, it is...
  21. The tax implications revolve around your ability...

    The tax implications revolve around your ability to offset all of the lender(s) interest on your three loans against profits and it would make sense to look at whether the rents across three...
  22. Sorry folks - misread that one if you end up...

    Sorry folks - misread that one if you end up individually bankrupt, the shares in your business (and indirectly the asset the business funded) are assets that your trustee could look to liquidate. ...
  23. No you won't protect yourself that way because...

    No you won't protect yourself that way because any lender will seek the shareholders personal guarantee.
  24. It won't be a regulatory requirement because the...

    It won't be a regulatory requirement because the loan itself would have been unregulated so they are just blinding you with words. I don't know how high a value the property has but £5k seems...
  25. Replies
    4
    Views
    434

    This can be done commercially as long as the...

    This can be done commercially as long as the income stream is secure and the existing business is squeaky clean. We have arranged similar for a landlord housing the homeless in Manchester where the...
Results 1 to 25 of 407
Page 1 of 17 1 2 3 4