buy to let mortgage

Thrugelmir

holly_hobby wrote: »

No you asked for tax efficient repayment methods for I/O mge - where has all the "there is no profit" are we talking about the OP or just a Hypo therory - as the OP as far as I have read hasn't acutally quoted any rental figs.

H

This was my original question.

So on the premise that letting a property makes no profit. What is the most tax efficient method of repaying the capital sum?

The spiel you rattled off was fine in the boom years. When prices were rapidly appreciating. That's what created the fad. Increasingly important though is that a venture returns a trading profit. As reliance on making a capital gain is a pure punt.

Hence why pre 2000 commercial residential lending wasn't a huge market. As leveraging up with debt isn't a sure fire way of making money. As many have come to believe.

Comments not directed at OP. Though feel that there is too much emphasis on tax efficiency in making key decisions. Rather than a commercial one.

holly_hobby

So to actually answer the question you avoided, YOUR recommendations for tax efficient repayment methods are ... ???

H

Thrugelmir

holly_hobby wrote: »

So YOUR recommendations for tax efficient repayment methods are ... ???

H

Used to be called K training. Respond to a question with a question.

holly_hobby

Isn't that called evading the question ??

I guess then that you have no further recommendations that those I have made ?

My "spiel" (as you put quite nicely put it), as part of the debate, and your chosen response are noted.

H

Thrugelmir

holly_hobby wrote: »

So you have no further recommendations that those I have made ?

I leave investment advice to others.

As my life has been spent making profit for others. Tax and other related issues has been passed to those in the know.

A mere bean counter am I.

holly_hobby

Really ?

Out of interest T. what is your finance background?

H

SouthCoast

Table MM6 from the CML. (No longer on public display).

Number of BTL mortgages outstanding at end of period.

1998 28700
1999 73200
2000 120300
2001 185000
2002 275500
2003 417500
2004 526300
2005 701900
2006 849900
2007 Q2 938500

holly_hobby

Thanks for the figs & input SC ....

H