Jump to content
House Price Crash Forum
Sign in to follow this  
apom

Have A Giggle

Recommended Posts

Quote:

"Gearing is most useful when property prices are rising strongly. At present prices in the UK are, at best, drifting sideways. In these circumstances investors are arguably better off holding onto their rental income (especially when it’s tax free inside a SIPP), rather than using it to pay off borrowings.

Although affordability could be a serious issue After a-Day, the property investment industry is evolving rapidly. Experts such as Tailormade for Accountants (www. tm4ac.com) are currently devising pooled arrangements for SIPP investors which allow your clients to invest smaller chunks of money.

Furthermore, the introduction of real estate investment trusts and other investment funds will probably allow pension savers to own part of a big portfolio of commercial and residential properties for a very small outlay.

Finally, you can be sure that clever investment advisers will come up with special products to get around the borrowing restrictions, for example by putting highly geared property investments into alternative legal structures and getting investors to put these indirect property investments into their SIPPs."

Well the guy does not mince his words, does he? Nice comment about renting vs buying.

Share this post


Link to post
Share on other sites

http://www.taxcafe.co.uk/propertypensions.html

This guy has a phd..

Granted it wasn't in

"Advanced keeping your website up to date string theories"

Or in this either

"Never being very wrong about quite how much free money the government usually likes to give away dynamic isotopes"

So if anyone wished to drop hime a line through the automatic form on his website here

http://www.taxcafe.co.uk/otherquery.html

He would perhaps appreciatte it.

I am only being nice.

In no way did I view his posting on the accountancy website as pompous and gloating about quite how much money he was going to make from tax breaks I as a working Joe would have had to subsidise whilst properties remained out of my reach..

I am just being nice and thought that he would like to know how out of date his website is now.

Edited by apom

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.