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Showing results for tags 'renovation work'.
Found 2 results
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Hi Guys, I’m just in the process of purchasing my first property, it is a repossessed 2 bedroom flat so is in need of modernisation. I would say the flat needs a full refurb which would include a new kitchen, bathroom, redecorating, flooring and a new boiler. The surveyor said the electrics and plumbing seem to be fine but may need changing in the near future, so I was thinking to get this down whilst I’m changing everything else. I just wanted to know how much would something like this cost to be done at a good level. In my head I’ve budgeted for about £20k - £25k. Would be great to get some realistic cost from those who have done this type of work. Also if you know any good trades people that could do the job I would really appreciate it if you could forward me their details. I’m based in Croydon. I have attached the floor plan so you can get an idea of the size. You Thanks Charles
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Hello, I don't know if that the right place to talk about this topic. I'm French and I'm planning to buy in London a mixed use property in cash. I will live in the building in the dwelling area but I also want to rent the commercial part of the building to a limited company that I will own. Through this company, I will have in one hand a company mortgage to finance the renovation work, pay all the building fees and in another hand I will get all the tenants rents. This company will then hire me as the manager of the building with a salary every months. Do you think that this concept seem to be fine regarding the taxes?
