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About Joe_W

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  1. Just learnt that the Conservatives is proposing the additional 3% on top of all existing stamp duty. And after winning the election on Dec, is there certain date for this new policy to take place? Or will have some transition period after passing in parliament as a general practice? Being a non-UK resident, that will definitely affect our investment on BTL. Thank sharing your views.
  2. Hi, Introduce myself first. I'm a non-UK resident and recently invested in a BTL. Just wander if this apartment can be leased out to my brother at a below-market rent. He's a UK resident with no-income during his 5-year study, and thus no tax bill based on his allowance. If the rent is just half of the market value, would catch HMRC attention? But he'll help me to find tenant, collect rents as well as maintenance. Thank for advice.