Capital Gains tax: buy-to-let investors must tear up retirement plans

Gorgeous_George

It is always better to buy cheap. That is what I did - and will do again if the right property comes available.

Whether or not there will be a crash remains to be seen. Let's hope so.

GG

chucky

brit1234 wrote: »

Surely then it is better to buy an investment property in a few years time rather than now at near peak prices.

i'm not telling anyone to buy!!

peak prices?? are they going to fall or something Brit??
who said you have to buy at peak prices?? it's not like tesco's where you have to pay the full ticket price you know...

brit1234

chucky wrote: »

i'm not telling anyone to buy!!

peak prices?? are they going to fall or something Brit??
who said you have to buy at peak prices?? it's not like tesco's where you have to pay the full ticket price you know...

They have already started falling in the South East/London last couple of months. Other areas have been falling for longer.

I reckon it will be nice and clear in 3 months.

Just wish foriegn buyers would stop distorting the London market:(

IveSeenTheLight

brit1234 wrote: »

Surely then it is better to buy an investment property in a few years time rather than now at near peak prices.

You presume that prices are about to crash.
I recall you made this incorrect presumption before.

IveSeenTheLight

brit1234 wrote: »

Just wish foriegn buyers would stop distorting the London market:(

LOL, you should put that into your signature as another reason delaying the crash

chucky

brit1234 wrote: »

They have already started falling in the South East/London last couple of months. Other areas have been falling for longer.

I reckon it will be nice and clear in 3 months.

Just wish foriegn buyers would stop distorting the London market:(

lol - you've been saying this for months and months, the index's are telling you something else for London...

one month i'm sure that they will fall and you'll be right - then you can start a new thread in size 36 bold font and have your moment...

Dirk_Rambo

brit1234 wrote: »

They have already started falling in the South East/London last couple of months. Other areas have been falling for longer.

this is very true. and to illustrate the point i can reveal that round my way house prices are going down faster than a harlots knickers

IveSeenTheLight

Dirk_Rambo wrote: »

this is very true. and to illustrate the point i can reveal that round my way house prices are going down faster than a harlots knickers

lol, no they're not.

Dirk_Rambo

where to fe ck is sandwell . ive never even heard of it.
id tell you where i live but but you do get alot of stalkers, weirdos and freaks on the internet, im not saying you're one of course, well probably not but you never can tell.
suffice to say, house prices are bombing round my way. and no spinned government figures can alter that fact,

IveSeenTheLight

Thrugelmir wrote: »

OK a very simplistic view based on averages. Lets say that you borrow a £100k over 25 years at a fixed 5%.

To repay £100k in 300 months requires an average capital repayment of £333 per month.

IveSeenTheLight wrote: »

We've been over this before and I am a little reluctant to go over again, but I will go over later the figures again to show the value in investment.

For now, I'm off to take my son to the park. See you later.

Man, spent a while trying to find the example I previously gave you of investing £30 or £32k in a property worth £150k £160k (representing a 20% deposit) or against putting in a bank and showing property to be the better investment regardless of HPI.

Had enough searching but will do again if you really want me to.
I'm sure you remember.

Did come across this post which was interesting and relevant

http://forums.moneysavingexpert.com/showpost.html?p=25558685&postcount=22