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    Tax on interest relief

    So far all my purchases are in individual names. I've started to increase my rents and going to hang fire and see what happens with the judicial review. The limited company option is very tempting however, one of the other drawbacks can be finance. I'm also looking in to SPV's (Special Purchase...
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    Tell us about your HMO's and related experiences

    Hi Nicholas This will be my first HMO with 7 rooms with a possibility of adding 2 or 3 rooms. My area is Manchester. Still waiting for my mortgage offer but suspect I will be offered base + 5%. To minimize the outgoings I have secured an excellent deal on gas and electricity. Built in...
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    Tell us about your HMO's and related experiences

    Hi Nicholas Thanks for your advice. I too have turned to commercial finance and they are offering to lend up to 70% of valuation but still waiting. What would be a competitive interest rate offer?If you don't mind me asking how many HMO's do you have? What advice would you give to someone...
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    Tax on interest relief

    The planned restriction in B2L mortgages interest relief will impact many Landlords. Are there any strategies that can be used to minimize the impact besides trying to raise rents?
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    Tell us about your HMO's and related experiences

    There are many pro's and con's for HMO. One of the challenges is securing funding. Many lenders are reluctant to fund.
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