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Christopher Streeter

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Profile Information

  • Areas I invest in
    North West & South Devon
  • About me
    Chartered Accountant by Trade. Worked in the property industry for around 10 years. Run two property businesses in the UK.
  • Property investment interests
    Serviced Accommodation, Buy to lets, Development
  • My skills
    Finance, Lending, Mortgages, Accountancy, Tax.

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  1. Hi Nick, I'd be happy to pass on some details. I have some very very good professionals I us regularly. Feel free to send me a message privately and I can pass on the details. Thanks Chris
  2. Hi Mark and thanks! So for expats, generally speaking (not always) it will be beneficial to invest via a limited company. It is also key to ensure you can connect with a mortgage broker that specialises in dealing with expats and Limited Company mortgages. Setting up a limited company is reasonably straight forward, but it is worth taking care on ensuring the SIC codes are correct and that that ownership structure is tax efficient. Each individual persons situation will be different, but generally speaking most expats can invest provided they meet certain criteria of the lenders. It is especially helpful if they do submit a Tax return in the UK but not essential. The most important thing is knowing how to deal with brokers and lenders and presenting the information to lenders in the best possible light. I can't really be of much more help as every situation is unique in its own right, but I'd be happy to answer specific queries if people have them! Thanks Chris
  3. Hi Everyone, My name is Chris and I am here to connect to as many people as possible and help share my knowledge and generally try and have fun with it! For a bit of background, I'm a chartered accountant by trade and have worked in the property industry for nearly 10 years. I now run 2 property businesses in the UK. One of which is a Property Investment Consultancy business. You will usually find me discussing strategy, business plans or finance of some sort but I'm also interested in and have experience most things property investing. I'd be happy to answer any specific questions anyone may have either on here so others can learn or privately if that is more suitable. I've worked with a number of investors in HK and Expat investors over the last 12-18 months and have a team that have vast amounts of experience in dealing with all the challenges that investing from abroad can bring. So please feel free to reach out, I'm an open book and not here to sell you anything! Cheers Chris
  4. Hi Everyone, My name is Chris and I am here to connect to as many people as possible and help share my knowledge and generally try and have fun with it! For a bit of background, I'm a chartered accountant by trade and have worked in the property industry for nearly 10 years. I now run 2 property businesses in the UK. One of which is a Property Investment Consultancy business. You will usually find me discussing strategy, business plans or finance of some sort but I'm also interested in and have experience most things property investing. I'd be happy to answer any specific questions anyone may have either on here so others can learn or privately if that is more suitable. I've worked with a number of investors in HK and Expat investors over the last 12-18 months and have a team that have vast amounts of experience in dealing with all the challenges that investing from abroad can bring. So please feel free to reach out, I'm an open book and not here to sell you anything! Cheers Chris
  5. Hey Manloonw, I hope you are well! How did you get on with this? It seems like you've got a good plan of action and are definitely on the right track. For a bit of background, I'm a chartered accountant by trade and have worked in the property industry for nearly 10 years. I now run 2 property businesses in the UK. One of which is a Property Investment Consultancy business. It sounds like perhaps you just need to fine tune the details of what you are looking to do and then you'll be set to hit the ground running. I'd be happy to answer any specific questions you may have either on here so others can learn or privately if that is more suitable. I've worked with a number of investors in HK over the last 12-18 months and have a team that have vast amounts of experience in dealing with all the challenges that investing from abroad can bring. So please feel free to reach out, I'm an open book and not here to sell you anything! Cheers Chris
  6. Hi Kevin, I hope you are well and it seems like you've got a good plan of action and are definitely on the right track. For a bit of background, I'm a chartered accountant by trade and have worked in the property industry for nearly 10 years. I now run 2 property businesses in the UK. One of which is a Property Investment Consultancy business. It sounds like perhaps you just need to fine tune the details of what you are looking to do and then you'll be set to hit the ground running. I'd be happy to answer any specific questions you may have either on here so others can learn or privately if that is more suitable. I've worked with a number of investors in HK over the last 12-18 months and have a team that have vast amounts of experience in dealing with all the challenges that investing from abroad can bring. So please feel free to reach out, I'm an open book and not here to sell you anything! Cheers Chris
  7. Hi Nigel, This is an interesting thread as it describes what I think almost every investor from HK goes through at some stage and it's just the not knowing that really makes it an uphill struggle. There are definitely options for you as an Expat in terms of finance and there are definitely options in terms of building a network or better still utilizing someone else's from HK. But the key will be to connect with someone you trust on the ground in the area you are looking for. The other thing is to get clear on your goals for your investments. Is it cash flow or growth? Do you need a balance of both? How do you want to structure the purchase? Limited company / personal name? Do you plan on taking money out of the monthly profits in the short term or letting it build up? All of these things need to be answered which isn't always an easy task. I've worked with a number of investors based in HK in the last 12-18 months so can totally relate to the challenges you face when trying to invest from abroad. If you have any specific questions though, feel free to reach out and I'll do my best to help! If I can't help, then IU'm sure someone I know can. I've got a great team that have vast experience of working with people from HK. Hope you are well and keeping safe! Cheers Chris
  8. Hey Dan, great to have you on board! Seems the forum is slightly quiet but I'd be happy to chat all things property!
  9. Hey Simon, I'm based in the NW! Happy to to help and answer questions if you have anything specific?
  10. Hi everyone, This post topic is a little old now but I thought I'd respond anyway. Some great advice by Nathan above. To introduce myself I am a chartered accountant by trade run two property based businesses in the UK. I have dealt with a number of investors based in HK over the last 12-18 months and can totally relate to some of the problems you guys face when trying to invest from abroad. Fear not though, it can definitely be done and is worth the effort as I'm sure you've worked out as you've come as far as posting on this Forum. I would definitely suggest investing inside a Ltd Co for your properties, depending on your strategies you may need separate companies for different purposes. E.g you will want a different company for flipping properties compared to buying and holding for the long term. HMRC sees these as two separate activities, one as a trading business and one as an investment business. There are all sorts of other considerations, such as whether there is anyone else involved in the purchase such as a partner, whtether you want to take the money out of the company or let it build up, what your end goal is.. do you want monthly income or are you focussing on creating equity and benefitting from capital appreciation? How have you found it since the start of this thread? Have you made much progress? Hope you are all keeping safe! Cheers Chris
  11. Hey Chris, it's Chris here too! Just thought I'd reach out to say I've worked with many investors in HK and can totally relate to the challenges that come with investing from abroad. Great that you've got a bit of a game plan to kick on with investing. How have you got on since posting this in May. Have you decided what direction you are wanting to go in terms of location etc? Hope all is well, cheers Chris
  12. Hey Raymanlam, The good thing is for a "newbie" as you stated, you are asking all of the right questions. Lenders will sometimes state that you can't rent to a related party. Whether they mean an actual blood relative is another thing though. I have had it in the past where a joint application between myself and my girlfriend (for a buy to let mortgage), was questioned as to whether we were just using the mortgage for "backdoor residential" and intended for her to live in the property. Which was madness considering we live in a separate property together and the property in question for the buy to let mortgage was already tenanted and this was a simple remortgage. I can't comment on the broker you mentioned called liquid expats. But I do know a broker that has vast experience in dealing with expats, especially those in HK. I also work with a couple of other investors from HK so can very much relate to the difficulties you are likely facing when buying back in the UK. Would be happy to pass on their details if needed! Cheers Chris
  13. I think rather than using Viewber you are better off trying to make a trusted contact on the ground in the areas you are looking at. Viewber can work, but nothing beats someone you know and trust and have built a relationship with. How long have you been investing?
  14. Hi everyone, I was wondering if anyone knows how to dig deeper into nationwide (or similar) price index data. I've done some research following the recent podcast on growth in each phase of the cycle, but would like to go deeper. I'd like to analyse the South West in more detail, particularly Devon (Exeter,Plymouth)? Does anyone know how i can get my hands on the data for this specific area? Thanks Chris
  15. Hi guys, does anyone one want to set up a South West private message group? It could be used for everything from deals we find that we wish to sell on tonadvice for current situations we find ourselves in? Let me know, I’d be happy to set up a what’s app group. cheers chris
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