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Shit, you were fishing all along just to get your thread count up and I've been caught, hook, line and sinker. God darn ..... How green am I? Regarding predicting future interest rates ...... feck off !

Seems to be at odds with ... And Indeed, I too have become weary of this thread .....

No I READ posts as well as write them ....

Oh dear ! Firstly, to the best of my knowledge, Dubai is a city not a country - the country is UAE ... I didn't think there was a single country on this planet that was entirely tax free - a quick Google of "Tax in Dubai" brought up this page - I urge you to read it carefully. I have no wish...

Listen, think of it this way - all lenders want to know on any loan is, can the borrower(s) afford to repay, simple as that. Many lenders had their fingers burnt a few years back with sub-prime lending so now they [most] are more cautious. For a residential loan [e.g. on your own house]...

You've either not read, or not understood previous posts that have explained this. Please look again at #59, #62, #66, #228, #231, #249, #254, #258, #263, #267 and again on #321

Please name that country.

HMRC [previously Inland Revenue] have been catching tax dodgers for hundreds of years - there aren't may "tricks" they've not come across before. Having worked on HMRC IT systems significantly over the years [and being careful here not to breach the OSA] HMRC has an International Exchange of...

You've missed the earlier post from Uncle that explains. In very simple terms a BTL affordability check is based on the rentable value of the property [as assessed by the surveyor] and your mortgage repayments. So, if the rent is based on £1,000 pcm your mortgage payment must be less than...

Dig deeper my friend - The Mortgage Works do BTL mortgages and guess what, they're owned by ...... Nationwide. Basically, Nationwide BTL products all come under a separate business line / division called The Mortgage Works. Stop thinking all mortgages are equal - a BTL mortgage is a business...

True in the first year, but net pay deductions are managed by your PAYE Tax Code. When you have an additional income [e.g. BTL] HMRC will ask you to do annual Self Assessments. After you've done this once, the following year HMRC will know there is untaxed income [profits from BTL] so will...

Given that the criteria for BTL lending is the rental stress-test then surely the age / income of the borrower is of no relevance. I fully expect that when my BTL interest only mortgages reaches maturity, the value of the property will have gone up, the rental value likewise, but the loan to...

If you lived in a property and then moved out and let it, this is called a let-2-buy mortgage. They basically convert your primary residence mortgage to a BTL All this talk of mixing residential with letting mortgages - remember the basic principle is that everyone can have a primary residence...

I would agree with the first sentence [for the private landlord - but not limited companies]. For the second [getting out] statement, even though the loss of mortgage interest against profit being phased out over next 3 years, this hasn't put me off holding on to my BTLs - I'm not looking to get...