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  1. M

    Starting Out in Residential Property Investment and Development - My Journey

    There are also a raft of tax differences from CGT to corporation tax and income tax, national insurance etc, higher mortgage rates and lack of lenders, personal guarantee so some of the protection goes, tax associated with re-mortgaging etc. So i'm not sure it's as simple as the difference...
  2. M

    Starting Out in Residential Property Investment and Development - My Journey

    Hi Thanks for the comments. I currently operate a limited company in which I run my consultancy business through. My original aim was to do the same for the property business, however, I wasn't able to get the mortgage I wanted via a ltd so this purchase has been done on a personal basis. I...
  3. M

    Starting Out in Residential Property Investment and Development - My Journey

    While the solicitor deals with the ongoing elements of the purchase. I thought I’d start planning the renovations that I’m going to undertake so I can get started as soon as I get the keys to limit the renovation period. As I said previously, the main elements that I’m looking at are putting in...
  4. M

    Starting Out in Residential Property Investment and Development - My Journey

    Following on from my introduction, he’s where I am now… I’m in the process of buying my 1st buy-to-let property, a 1-bed 1st floor apartment/flat that needs the internal fixings and finishes updating as it has been untouched for some time. My plan is to put in a new kitchen, new flooring and...
  5. M

    Starting Out in Residential Property Investment and Development - My Journey

    I’m new to the forum so though it best to start with an introduction. I currently work through my own limited company providing power solutions to the UK Rail Industry. I kind of fell into the industry and the rates of pay a significant so I ended up staying there, although I wouldn’t say it’s...
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