Possible exit strategy by transferring beneficial interest
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My husband and I own our BTL’s jointly. Say I wanted to retire to Cyprus or Malta permanently, could we transfer beneficial interest so we each owned half the properties individually, and then I sell my share largely free of CGT whilst living abroad for at least 6 or 7 years. We are not splitting… Read more
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Lenders and longer-term rental tenancies
Speaking ahead of the government white paper on housing, Paul Smee, director general of the Council of Mortgage Lenders, says that it is a myth that lenders do not allow landlord borrowers to offer tenancies over 6 or 12 months. “The mortgage industry has a justifiably good record of funding housing in all tenures. So, […]
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