Re: International Mortgages
Originally Posted by Scamp
(Post 11588058)
This is what I also assume, but will have to be told properly by someone who knows their onions before I get too excited.
It makes a big difference on any rent up to 833 a month. |
Re: International Mortgages
Originally Posted by Mogs
(Post 11587979)
Presumably you would still be entitled to your 10,000 p.a. tax free allowance though and only have to pay tax on anything above that amount ?
The CGT changes also make property investment less advantageous for expats. Property is not a magic investment solution... |
Re: International Mortgages
Originally Posted by mentalist
(Post 11587996)
Thanks MH but I am waiting for Johnnyboy to put his money where his mouth is, so to speak.
Or you could go the BTL route with a 'true yield' of <4%, without factoring in the risk of a property crash (e.g. Since the 2007 financial crisis, many parts of the UK are still underwater in nominal terms, let alone real terms, my family home in Scotland included). |
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