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kirsti p

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About kirsti p

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  1. Oh ok I've misunderstood the info I've been reading/watching online, thanks so much Debbie.
  2. Thanks Debbie, I have a lot of research to do as I've only just set up the company so I really appreciate that these are newbie questions. Am I right in saying that if a property is under £40K then I only pay 3% SDLT if through the limited company but not if I buy as an individual, and that if I buy a £50K property I would pay 3% as an individual and 6% as a limited company, 3% because it's in a limited company plus 3% because it's over £50K? Thanks in advance, Kirsti
  3. Thanks I'll look into that, much appreciated.
  4. Hi folks, I have just set up a limited company to handle future property purchases and have a Starling business account too. I am unsure of the actual mechanism/procedures to follow to buy the properties via the new company. Is it as simple as depositing the funds in firstly and then buying the properties from there? (I am releasing equity from my own home as well as refinancing existing properties held in my own name, so the funds will be in my personal current account to start with). Many thanks, Kirsti
  5. Hi folks, A couple of weeks ago the Property Hub Extra resource was a car hire app which I meant to tag but didn't, does anyone know what it was? Thanks in advance, Kirsti
  6. Hi, A couple of weeks ago the Property Hub Extra resource was a car hire app which I meant to tag but didn't, does anyone know what it was? Thanks in advance, Kirsti
  7. Thanks for this, I'd no idea which of the hundreds of providers to start with! I have a broker who has done my 4 BTL mortgages so will get him onto it on Tuesday, but he's not mentioned bridging to me before so I'm not sure if he has experience. Also I need to research actual deals and crunch the numbers so I need the companies to compare their offerings. Anything you think I should be wary of as a complete bridging newbie? Kirsti
  8. Hi folks, I am buying a house at £39K which needs a complete refurb (up to £10K). Am thinking of getting a bridging loan then refinancing after 6 months (or earlier if any lenders would). The value will be around £60K once the refurb is done so a BTL mortgage is an option by then. I have 4 other BTLs all bought with a 75% BTL mortgage where I financed the refurbs and deposits myself, so this is the first time I'm doing it this way. Rob D's Complete Guide book taught me to look at other options for financing cash purchases, but I have no intel on good bridging finance option
  9. Hi folks, I am buying a house at £39K which needs a complete refurb (£10K). Am thinking of getting a bridging loan then refinancing after 6 months (value will be around £60K so a BTL mortgage is an option then). I have 4 other BTLs all bought with a 75% BTL mortgage where I financed the refurbs and deposits myself, so this is the first time I'm doing it this way. Rob D's Complete Guide book taught me to look at other options for financing cash purchases, but I have no intel on good bridging finance options, can anyone tell me which companies would be a good starting place p
  10. Exactly the same thing is happening with my husband... I gave him Rob D's Complete Guide book and he's now much clearer about the attitude to debt principles, which has been a major reluctance and needs a change in mindset as he puts it. It's really nice that he now is less dubious/risk averse to the business model. I have also sent the link to my letting agent as I found the Credit Union idea interesting and I actually called him to tell him about it after listening to it, promising him I'd send it, hence the search!
  11. Thank you SO much for this! That explains why I couldn't find it here...doh! Much appreciated, Kirsti
  12. Hi all, I am trying to find a podcast I listened to which had a couple from Wales who had 21 properties and they were sharing their experiences of self managing, giving their tips, I'd like to send it on to a friend but I can't find it...does it ring a bell with anyone? I recall that one of their tips was that they ensured that any housing benefit tenants opened a credit union account in their town which ensured that their rents were protected and it was helpful to the tenants to have the services of a credit union too. The husband did the management and practical side
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