Buy to let properties, sell or keep?

[Hooby Farmer]

I've put one on the market along with three sites to bolster the war chest, so far very little interest. Any tenants looking to renew, their contracts (bar one) will be inflation linked and probably should have been since the very beginning.

 

[Cowcorn]

Jeez boss between the auld subs and the rent roll on the buy to lets you must be loaded .....
You want to keep the money pile turned with the shovel in case it heats and gets mouldy ...

 

[kiwi pom]

High interest rates have seen house prices dropping here apparently. I’m noticing properties taking longer to sell, could that happen in the uk?
It shouldn’t really matter houses should be for you to live in not buy up and run as a business.

 

[Banana Bar]

whinging about less subsidy one minute then asking best way to manage their property portfolio the next, you couldn't make it up .

What’d that got to do with it?

 

[Johnnyboxer]

Houses taking longer to sell, judging how long the FS boards are up
Rental demand still high though

 

[caveman]

High interest rates have seen house prices dropping here apparently. I’m noticing properties taking longer to sell, could that happen in the uk?
It shouldn’t really matter houses should be for you to live in not buy up and run as a business.

Did you (NZ) have nett immigration of close on 1 million last year?
I'd say hold... unless you've got enough to cash in and then buy a hotel.
EPC at Z has got to be better than a tent in scrubland close to the French coast.

 

[Sid]

whinging about less subsidy one minute then asking best way to manage their property portfolio the next, you couldn't make it up .

Overheard a farmer with 12 investment properties moaning about the fact he couldn't get a grant in slurry storage for his 1000 cow herd.

Guess more return on houses than slurry storage to be fair.

 

[stroller]

If you did sell buy to lets what would you do with the cash to get a similar return?

 

[Sid]

If you did sell buy to lets what would you do with the cash to get a similar return?

Bear Grylls 'embarrassed' by his vegan advocacy and regrets cookbook

Adventurer, who has advocated a vegetable-only diet for most of his career has made a complete U-turn and only eats meat now

www.telegraph.co.uk

Buy offal?

 

[toquark]

Unless you need the money, I’d hold them. All the stuff about epc bands will be dropped as it’s unworkable. The rent cap is the biggest issue in Scotland, again I suspect this will go once the greens are purged from SG.

 

[kiwi pom]

Did you (NZ) have nett immigration of close on 1 million last year?
I'd say hold... unless you've got enough to cash in and then buy a hotel.
EPC at Z has got to be better than a tent in scrubland close to the French coast.

Nah bugger all because the border was closed, picking up again now, although it works the other way too, plenty of Kiwis shift to Australia.
Massive shortage of houses though apparently.
I think rising interest rates are bound to slow the market.
UK is still flat-out building aren't they?

 

[caveman]

Nah bugger all because the border was closed, picking up again now, although it works the other way too, plenty of Kiwis shift to Australia.
Massive shortage of houses though apparently.
I think rising interest rates are bound to slow the market.
UK is still flat-out building aren't they?

I did say nett above. That's ins less the outs.
Commentators are predicting last years figures to be around that mark.
Flat out building not keeping up with housing needs, either rental or purchase.
It's not as if we can import housing like we can import turnips and swedes if we want them.

 

[fgc325j]

Bear Grylls 'embarrassed' by his vegan advocacy and regrets cookbook

Adventurer, who has advocated a vegetable-only diet for most of his career has made a complete U-turn and only eats meat now

www.telegraph.co.uk

Buy offal?

Reading that article made my day and i thought - that there might be a God and he's a carnivore..

 

[fgc325j]

It really depends where you are in the country, there seems to be no end of demand here despite loads of houses being built in the vale below us
The main problem with selling them is probably CGT
A bigger issue with renting Farm cottages is complying with EPC regs, with a house bought with the intention of letting hopefully a newer house has been sought where it’s less of an issue but still can be a major pia

Buy- to - let has become just like farming - over regulated.

 

[Sid]

Buy- to - let has become just like farming - over regulated.

As ever the good pay the price for the shockingky bad.

 

[digger64]

Jeez boss between the auld subs and the rent roll on the buy to lets you must be loaded .....
You want to keep the money pile turned with the shovel in case it heats and gets mouldy ...

He sort of keeps telling us " where there's muck there's money "

 

[redsloe]

Buy- to - let has become just like farming - over regulated.

The government don't really like btls, the interest you pay is no longer tax advantageous for example, but are essential for helping to house the growing population. So, a bit like farming, they want us to plant wild bird feed, woodland and rewild and also produce food that is essential for everyone.
I think it's rather humorous.

 

[Bossfarmer]

whinging about less subsidy one minute then asking best way to manage their property portfolio the next, you couldn't make it up .

an investment seperate from the farm when i was in my 20s on a paid salary, seemed a better idea than a fancy car

 

[Bossfarmer]

How many units do you own? What kind? Freehold? Leasehold? HMO? Are they mortgaged or owned outright? Do you own them yourself or through a Ltd Company? Do you self manage or have an agent? What's their current EPC? What's their location and current rental prices? Is there any major scheduled maintenance due in the next 5 yrs?

Once we have more info we can give proper advice.

2 properties bought in 2002 paid off now, no ltd company, would be a lot of cgt to pay

 

[unlacedgecko]

Bear Grylls 'embarrassed' by his vegan advocacy and regrets cookbook

Adventurer, who has advocated a vegetable-only diet for most of his career has made a complete U-turn and only eats meat now

www.telegraph.co.uk

Buy offal?

Larry already has the market cornered.