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Showing results for tags 'rennovation'.
Hi All, I wonder if anyone can advise on the rules when it comes to renovating a property after purchase and offsetting some of those expenses against tax. It was always my impression after reading a few books and articles on the subject over the years that we would not be allowed to claim for ANY expenses incurred whilst renovating or preparing a property before it was let for the first time. This last year however, after being bombarded with emails from HMRC, I decided to brush up one what's allowed using the Inland Revenue resources and that seemed to suggest that any expen
Hi all, I’m just in the process of buying a property that I want convert from a studio to a proper 1 bed flat. I m planning on following the Buy Refurbish Refinance Rent strategy as it fits quiet well for this property and plan. I’ve come across precise mortgages Refurbish Buy to Let product and it looks prefect for this application, but I’d love to hear if anyone has any experience using this type of product before and if so, how was the process , was there any aspects to be aware of that aren’t so obvious setting out or any general pros’ and cons? Any pointers of general advise wo
Anyone have any experience in dealing with Woodworm ?? In getting a bathroom refurbished in a tenement flat and there is woodworm damage to the flooring. I was aware when i bought the flat, it only looks minor but these beetles can be a nightmare to deal with but i got under the flooring pre-purchase and found the joists to be rock hard and seemed to be in good nick . I also got a quote to get it sorted from the surveyor who undertook the survey for the vendor which was a manageable £580 given the retention of £5K. So the surveyors would hire a specialist contractor to undertake t