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About thomas24

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  1. Thank you all. I've done a little research on LTD and it seems there is only a very limited option for mortgage as a First time buyer, First time landlord, Ltd co. Therefore, I'm now thinking of buying in cash, set it up as BTL, wait 6 months, and then take out equity by getting a mortgage on it. I'd love to talk to a financial advisor about this. How much does it cost roughly? A face2face meeting in S. London. Cheers
  2. Hi, I’m Thomas, IT developer from London. I decided to enter BTL earlier this year. My goal is to replace my normal income with passive income within 10 years. I already have some investment in stocks. Now is the time to try property. I’m currently researching how to setup a company for BTL. Another reason I’m here is to setup my network of trusted builders, managers, contractors, etc. The areas I’m looking at are Birmingham, Nottingham, Manchester, Liverpool, Leeds. Cheers, Thomas