BigSi

Just wondering did many people take the 3 months mortgage holiday due to covid, and will it affect future lending? The first few weeks of lockdown my weekly wage was affected by around 50% of what I would usually earn although I was still working, this along with the tenant protection announced I was unsure about the rent being paid I took the 3 months mortgage holiday plus a 3 months holiday on a credit card I'm paying off. The tenant never missed a payment and my wages are back to around 80% of my previous year in April/may and should continue to improve as the lockdown is eased.

My accountant just does my self assessment. Im going to need an accountant that specialises in property for 20/21, im pretty sure another rental property would put me in the higher rate or somewhere close so it would be a good idea to speak with a tax advisor. How much would this service cost and any recommendation? Thanks for the reply

Hi, So i purchased a property early 2019 that needed a little work and now rent it out on a consent to let with my residential mortgage. After the 5 year fixed term I hope to switch over to a buy to let with the equity from the house which is my first rental property. I have a deposit for my second rental property assuming I can get a 75% btl mortgage after the coronavirus lockdown, i have decided ltd company is the way to go as i want to build a portfolio over the next 10+ years. Do I need to speak to an accountant or do i just set up with companies house and transfer the money from

Hi, i have always had an intrest in property investment and have just found this site through a book i read (100 property investment tips)