YourParkingSpace – helping motorists find the perfect parking space
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Book Parking Spaces: At YourParkingSpace our goal was easy, make parking easier for everyone! Founded in 2006 and relaunched in 2014, YourParkingSpace offers parking spaces to rent from private driveways and lock-up garages to commercial car parks. Whether you’re looking for a temporary parking space while you go shopping or a long term let in […]
… LandlordZONE.
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Incorporation Costs Less Than You Might Think
Given that incorporation can ‘wash out’ all capital gains to date, and that Limited Companies are not affected by the Section 24 restrictions on finance cost relief, the costs often pale into insignificance in comparison to the savings made. Clients of Property118 Limited and Cotswold Barristers are often shocked to hear that the total cost of… Read more
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Two New Property118 Tax eBooks
If you would like to get hold of a first edition PDF copy of our two latest eBooks before they go on sale on Amazon Kindle this is your chance. As for all products and services provided directly by Property118 Limited, these eBooks come with a guarantee of total satisfaction or your money back without… Read more
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What will a Hung Parliament do to Renting?
The votes have been cast and the dust has settled on an unnecessary snap election. And just like the Brexit referendum it had an unpleasant and unexpected sting for the Prime Minister. The Conservatives have emerged bruised, but still the largest party, Labour and Jeremy Corbyn surprisingly resurgent, the Scottish Nationalists battered from all sides, […]
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Setting Up A Property Partnership
Joint property owners normally declare rental profits on their self-assessment tax returns in proportion to their ownership. This is because HMRC’s default position is to treat rental profits from jointly owned property (joint tenancy) as 50:50 if there are two owners, one third each if there are three owners and 25% each if there are… Read more
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Will it be May-hem for the PRS?
The results are in. Theresa May called a General Election in April to increase her majority when the polls showed an open goal. Now the people have spoken and the Conservatives have lost their out-right majority. After 649 of 650 seats have been declared, the Conservatives hold on to 318 seats, with the Labour Party […]
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Housing Minister loses his seat…
Politics – Breaking News: Gavin Barwell, the Conservative Housing Minister, has lost his Croydon Central seat to Labour in what has been a disastrous election night for the Tories. From having a relatively comfortable majority of 17, Mrs May’s gamble to gain more has backfired to such an extent that the Conservatives, if they are […]
… LandlordZONE.
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My Loft space Vs Freeholder’s will to build more flats?
I’ve recently purchased a lease hold, top floor flat, with a leasehold stating the loft space is part of the flat. Moved in couple of weeks ago, and settling in. Two weeks later (yesterday) i received a call from the freeholder himself wanting to arrange a meeting about buying the loft space, so he can… Read more
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SDLT penalising landlords taking the plunge to move out from parents homes!
After a lot of research I have unfortunately learned that the new SDLT rates with a 3% surcharge will apply to myself. I am currently a landlord, but still living with parents. I am in the process of buying my first main residential property however, as I am not selling any home ‘disposing’ and only… Read more
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SDLT on beneficial transfer to spouse – No mortgage – Want To Utilise Both CGT Annual Exemption Allowances on Sale
I’ve been looking at whats been said on this already and I’m a bit confused. Let me describe my scenario. My wife has a property, gifted to her in her name, bought a couple of years ago for £285k. She now wants to sell. Its value is £320k. We have other rental properties owned jointly… Read more
The post SDLT on beneficial transfer to spouse – No mortgage – Want To Utilise Both CGT Annual Exemption Allowances on Sale appeared first on Property118.com.
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