Your Property Financial
Your Property Financial
  • Видео 27
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Earnings above £150k file tax return.
To determine if you need to file a tax return and whether you can claim mortgage interest relief, we need to consider several factors:
Tax Return:
Income: Your total income for the tax year (April 6th to April 5th) will determine if you need to file a tax return. If your total income exceeds the personal allowance (£12,570 for the 2023/24 tax year), you generally need to file a tax return.
Other sources of income: If you have additional income, such as rental income, dividends, or capital gains, you may need to file a tax return regardless of your total income.
Mortgage Interest Relief:
Basic rate taxpayer: If your total income is below the higher rate threshold (£50,270 for the 2023/24 tax ye...
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Видео

SPV Ltd company & transferring
Просмотров 8 тыс.Месяц назад
SPV (Special Purpose Vehicle) and Ltd (Limited Company) mortgages are two distinct types of financing arrangements often used in real estate investments. They serve different purposes and have unique characteristics. Which One is Right for You? The choice between an SPV and Ltd mortgage depends on your individual circumstances, investment goals, and financial situation. Factors to consider incl...
Accidental landlord did you know
Просмотров 7 тыс.Месяц назад
Did You Know? Accidental Landlord Tips If you've found yourself an accidental landlord, here are some things you might not know: Legal Responsibilities: Even if you didn't plan it, you're now a landlord with legal obligations. This includes ensuring the property is safe, meeting tenancy agreements, and understanding your rights and responsibilities. Tax Implications: Renting out a property can ...
Leaseholds Properties
Просмотров 6 тыс.3 месяца назад
Leaseholds Properties Mortgage Broker Paul Tait @ Your Property Financial & Chris Barry @ Thomas Legal Solicitors Leasehold property is a form of ownership where you buy the right to live in a property for a specific period, usually between 99 and 125 years. You don't own the land the property is built on; that belongs to the freeholder (or landlord). Key points about leasehold property: Limite...
What are property searches?
Просмотров 7 тыс.3 месяца назад
Mortgage Broker Paul Tait @ Your Property Financial & Chris Barry @ Thomas Legal Solicitors What are property searches? Property Searches Property searches are essential investigations carried out by your solicitor during the conveyancing process when buying a property. These searches provide crucial information about the property and its surroundings, helping to identify potential issues that ...
Why is a property solicitor so important?
Просмотров 1,5 тыс.4 месяца назад
Why is a property solicitor so important? Property solicitors are vital for a smooth and secure property transaction, especially when buying a house. Here's a breakdown of why they're important: Legal Expertise: Property deals involve complex legal paperwork and procedures. Solicitors ensure everything is handled correctly to transfer ownership lawfully and protect your interests Uncovering Iss...
Mortgage Certificate / A mortgage in principle
Просмотров 20 тыс.4 месяца назад
Want to know your offer is going to stand out against all the others? You need a Mortgage Certificate! Contact us today to learn more.
Evidencing your deposit
Просмотров 6 тыс.5 месяцев назад
Evidencing your deposit Mortgage Broker Paul Tait @ Your Property Financial & Chris Barry @ Thomas Legal Solicitors Proof Positive: Evidencing Your Deposit for a Smooth Property Purchase So you've found your dream home and secured a mortgage pre-approval. Congratulations! But before popping the champagne, there's one crucial step: demonstrating you have the funds for your deposit. Here's a guid...
Conveyancing steps in a purchase transaction
Просмотров 1,5 тыс.5 месяцев назад
The conveyancing process involves several steps that must be taken during a purchase transaction. Firstly, the buyer and seller should agree on the terms and conditions of the sale, including the price and any special conditions. After that, the buyer's conveyancer will conduct searches to ensure there are no issues affecting the property, such as planning restrictions or outstanding debts. Onc...
Mortgage Broker & Solicitors - The Clients Conveyancing Journey
Просмотров 13 тыс.6 месяцев назад
The journey of clients in conveyancing involves working with Mortgage Brokers and Solicitors. It is essential to have a reliable and experienced team of professionals to ensure a smooth and successful process. Mortgage Broker Paul Tait @ Your Property Financial & Chris Barry @ Thomas Legal Solicitors
2024 Review & When Should I Buy?
Просмотров 9 тыс.6 месяцев назад
2024 Review & When Should I Buy? Mortgage Broker Paul Tait @ Your Property Financial & Chris Barry @ Thomas Legal Solicitors
Special Purpose Vehicle vs Ltd Company & Personal Ownership vs Special Purpose Vehicle Ownership.
Просмотров 1,4 тыс.7 месяцев назад
Buying property with a Special Purpose Vehicle Buying a property through a Special Purpose Vehicle is one option to consider when purchasing an investment property i.e a Buy to Let property. The main reason for doing so is to make your property purchase, or eventual property portfolio more tax efficient vs owning the property in your personal name. There are many reasons why this could be a goo...
2023-2024 Mortgage & Property Review
Просмотров 2 тыс.8 месяцев назад
Today, we're diving into the mortgage and property market and, how 2023 went and what to maybe expect from 2024. The Current Market As we all know, the past year has been a challenging one for potential buyers. High-interest rates and some uncertainty around property prices have made the dream of owning a home difficult to navigate these past 12 months. Going into 2024 But there's good news on ...
Guide to Providing your mortgage documents
Просмотров 5 тыс.11 месяцев назад
Welcome to Your Property Financial, this short video is where we’re going to look into the main documents you will need to provide when you’re looking to be pre-approved for a mortgage. Your key documents are always reviewed upfront and the main reason for this is to make sure we provide you with the most accurate information on the mortgage options available to you. Mortgage lenders will only ...
An easy-to-follow guide to buying a Buy-to-Let
Просмотров 1,4 тыс.Год назад
When it comes to becoming a landlord, either for the first time or if you’re an experienced landlord already it’s important to consider all the different options available to you when purchasing a buy-to-let property. It’s important you do your research and fully consider your options as with a little homework completed you can have a fairly significant impact on the end outcome of your buy-to-...
Step-by-step guide to the home buying process for a home-mover
Просмотров 2,3 тыс.Год назад
Step-by-step guide to the home buying process for a home-mover
Step by step guide to the house buying process for a first-time buyer
Просмотров 5 тыс.Год назад
Step by step guide to the house buying process for a first-time buyer
Buy to let mortgage advice
Просмотров 9 тыс.Год назад
Buy to let mortgage advice
First time buyer mortgage advice.
Просмотров 20 тыс.Год назад
First time buyer mortgage advice.
Why use a mortgage broker
Просмотров 4,3 тыс.Год назад
Why use a mortgage broker
Equity Release Benefits
Просмотров 4 тыс.Год назад
Equity Release Benefits
2022 - 2023 Mortgage & Property Review
Просмотров 4,7 тыс.Год назад
2022 - 2023 Mortgage & Property Review
Your Credit Score is one of the most important factors in getting approved for a mortgage.
Просмотров 3,3 тыс.Год назад
Your Credit Score is one of the most important factors in getting approved for a mortgage.
Offset mortgage
Просмотров 3,6 тыс.Год назад
Offset mortgage
Get your Income Protected
Просмотров 2,8 тыс.Год назад
Get your Income Protected
Remortgage
Просмотров 7 тыс.Год назад
Remortgage
Your Property Financial
Просмотров 1,8 тыс.Год назад
Your Property Financial

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