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othello

Unbelievable

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Read this post on Singing Pig (the property discussion forum). His dispropoertionate enthusiasm in buying property is matched only by his total stupidity. Plenty more such posts on that web site. If you want a laugh go and take a look. Interestingly there is a topic there which is called Market Trends but has less than half the posts of the general discussion. You'd think a shrewd investor might have more than ap passing interest in market trends.

"Evening all, i am looking for some advice on the scenario below:

I have sold 3 properties in tax year 2005-2006 in my own name as I bought them in 2004. I saw an accountant in April 2005 who advised me to set up a ltd company which I did in April 05, as my intenions were to buy and sell. I have bought 2 properties in the company's name but I now want to BTL them rather than sell.

As I set the company up to buy and sell are there any implications if I now buy to let instead (in the company name)?

As the pool of lenders is small for BTL companies should I just start putting future properties in my name?

If so what do I do with the 2 properties in my company name, would I transfer them to my name? Would this then impact me if I sold them in the future?

thanks Damian"

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  • 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%



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