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pauldeehan

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About pauldeehan

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  1. Hi Paul, Congrats on your purchase. I invest currently just in Sheffield, high yielding or I like to say higher ROI cashflow BTL's is what I've been buying. I'm looking to in the future do some capital growth properties, In the process on saving. I've invested in ex-local authority areas where the numbers work and areas I know. Cheers
  2. Hi Sarah, sorry to to hear about your illness. Must be hard. Keep being strong and and making progress. Thanks.
  3. Hi Phil, Thank you for your reply. All my personal BTL's are in my own name only, I got married last year so could I put some property in both our names? Sounds like I need a tax advisor to understand properly. :-) I'm speaking to Iain Wallis soon so hopefully will be wiser. I also spoke with my Mortgage broker who said that your rental income needs to be able to x 4 of your home mortgage lending requirement. So for example, if you net £16k a year rental income x 4 = 64k is my allowed home mortgage lending. And BTL shouldn't be a problem to remortgage as it's on the asset, not personal income. Thank you again. Paul
  4. Hi Giles, Is that through a limited company that you've invested with your wife? Thanks
  5. Hi Giles, Gavin is going to send an example via email soon and going to meet up via google hangouts as I work away a lot. Thank you for the info. Kind Regards Paul.
  6. Hi Fir, I work abroad and I'm put in the ex pat bracket too for investing in the UK, I pay 30% deposits on my BTL's, I go through a mortgage broker. There with Mortgage works, I got a deal for 5 year fixed @ 3.14% Just to give you some numbers to work with. Kind Regards Paul
  7. Hi Giles, I spoke with Gavin at RMP today, did you invest in Sheffield? I'd be interested to see an example if you'd be so kind? What were the yields and ROI? Kind Regards Paul
  8. Hi Sarah, I'm from Sheffield and would be interested to see how your flip is going? is it off the ground yet? I believe agents are 1% selling fee, some have flat fee's of just £800, I'd call a few to ask for their fee's? Contact the Sheffield property hub leaders, when I met them, they were doing flips too so maybe a chat with them will help? Contact below. Rhys Jackson: 07590 589150 Alice Lacey: 07914 146730 Kind Regards Paul
  9. Hi James, I'm from Sheffield so hopefully, can network sometime. get in touch if you do any flips in Sheffield, would be interested to see how your project goes. I may do some in the future... At the minute, I've got 5 BTL for rental income purposes. Speak soon Paul
  10. Hi Dave, I'm not too experienced on unencumbered bridging myself, I remember listening to the property geek podcast, Episode 16 with Kevin Wright, he talks about this a little in that podcast. I'll be interested to see other hub investors experience too. Have a great day Paul
  11. Hi, I'm looking for advice going forward with regards to living off my rental income and future remortgages. I'm thinking forward and looking at the possibility of living off my rental income in the near future. I'm looking to save up a lump sum to live off initially and would like advice from full-time property investors. 1st question is, once living solely on rental income, how easy is it to remortgage your BTL's and home mortgage? Have you done this? which lenders do it and what criteria are they looking for the least? and what's a typical rate of the mortgage? Most of my BTL's are on a 5 year fixed, 70% LTV and home mortgage is remortgagable in August 2018, 50% LTV. 2nd question is, Again living solely on your rental income, how many BTL's or cash flow would you have in your personal name before using a LTD company for other purchases? Would you buy in your personal name until your near the 40% tax rate? Thank you so much for your advice. Have a great day Paul
  12. Hi, I'm looking for advice going forward with regards to living off my rental income and future remortgages. I'm thinking forward and looking at the possibility of living off my rental income in the near future. I'm looking to save up a lump sum to live off initially and would like advice from full-time property investors. 1st question is, once living solely on rental income, how easy is it to remortgage your BTL's and home mortgage? Have you done this? which lenders do it and what criteria are they looking for the least? and what's a typical rate of the mortgage? Most of my BTL's are on a 5 year fixed, 70% LTV and home mortgage is remortgagable in August 2018, 50% LTV. 2nd question is, Again living solely on your rental income, how many BTL's or cash flow would you have in your personal name before using a LTD company for other purchases? Would you buy in your personal name until your near the 40% tax rate? Thank you so much for your advice. Have a great day Paul
  13. Hi Matthew, Welcome and well done for your first BTL, action is the best progress for growth. Keep the momentum. Kind Regards Paul
  14. Hi Rob, Thank you for your reply. Looking forward to meeting you too. Speaking with RMP later today. Again thank you for all your great work on the podcast and website, truly great value. Thanks Paul
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