Buy to Let situation is sad

[NotAllThere]

There's never been regular extended fall in house prices in the UK. However, past performance is not an indication of future performance.

In 1996, the average house price was about 500K CHF. Now it's about 400K CHF. See, it's happening already! Meanwhile my house was 450K GBP, and now it's about 800K GPB.

I'd sell and move back, but the UK is cold and wet.

[BrilloPad]

There's never been regular extended fall in house prices in the UK. However, past performance is not an indication of future performance.

In 1996, the average house price was about 500K CHF. Now it's about 400K CHF. See, it's happening already! Meanwhile my house was 450K GBP, and now it's about 800K GPB.

I'd sell and move back, but the UK is cold and wet.

Switzerland, like Japan, does not have a huge immigrant influx.

In particular, it does not have influx of immigrants who are crims.

[KentDogWalker]

Property will always be fine as long as you keep it for long enough - at least 5 to 10 years, say.

I am one of the fools who has been saving for his whole life. Wish I had gone into BTL insted. Not for a quick profit, just long term security.

At the moment, my savings allow me to be on the bench without drawing benefits I am entitled to, doing the gov a favour. Ok ok I still thing saving is good, but strewth.

Yeah sounds good via the subsidiary approach, although I doubt you could transfer funds to the subsidiary to be invested in property as an expense (ie saving corp tax in the parent comany)?

[SueEllen]

Switzerland, like Japan, does not have a huge immigrant influx.

In particular, it does not have influx of immigrants who are crims.

25% of Swiss residents are immigrants.

And the fact that Japanese women tend not to want to have children explains why immigrants also don't want to move there.

[KentDogWalker]

If anyone here has done a buy to let (via subsidiary company) I would like to talk to you)

[northernladuk]

A what?

[unixman]

The average Japanese who bought at the peak of the market in 1990 still has a house worth less than what they paid for it.

I was referring to the UK market.

[NickNick]

A what?

From the article:

Fret not though, because there’s a solution via us and the largest provider of limited company buy-to-lets which allows the property to be owned by a wholly owned subsidiary of your contracting company. This not only allows contractors to benefit from the relief on mortgage interest, but also allows the deposit funds to be transferred in a manner which creates no further tax liability. In a nutshell, it reduces the costs of both funding and running the buy-to-let.

[SlipTheJab]

From the article:

Fret not though, because there’s a solution via us and the largest provider of limited company buy-to-lets which allows the property to be owned by a wholly owned subsidiary of your contracting company. This not only allows contractors to benefit from the relief on mortgage interest, but also allows the deposit funds to be transferred in a manner which creates no further tax liability. In a nutshell, it reduces the costs of both funding and running the buy-to-let.

What could possibly go wrong

[northernladuk]

What could possibly go wrong

Have to admit that was exactly my initial reaction as well but don't know enough about it.