Quote from: deeege on December 15, 2025, 09:55:57 pm

Is anyone getting the 220% increase in property value in ‘a few months’ like Splash is? Didn’t think so 

Splash, of course nothing is certain with stocks and shares, the market rises and falls regularly but over the last 100 years has averaged 10% per year, far outperforming inflation and uk property values.

If you’re looking for short term gains then stocks and shares are not for you, stick to your property where you are getting 220% in just a few months 

No property is a long term investment there are odd occasions ware ones have ended up with negative equity, but over time you will always get far more back long term , I started off buying stuff that needed work doing then sell it 3-8 months later and always made a good profit and that was by taking out a mortgage on them have done this for 35 years and made far more money than any investment in the stock market and no risk involved. Now have several properties rented out that will be my pension pot

Quote from: KS Cleaning on December 15, 2025, 09:12:55 pm

Investing in property isn’t as attractive as it once was. Too many people were doing too well out of it and it was only a matter of time before the treasury got their slice of the pie. Firstly they changed the rules on tax relief from a mortgage, meaning tax relief was only allowed on the interest part of the mortgage and not the whole mortgage amount, which made a big difference if you were on a repayment mortgage. Also year on year they have reduced the personal allowance for capital gains tax. When we bought two buy to let properties in 2016 the personal allowance was £12 000, so because the properties were bought in joint names we had an overall allowance of £24 000. We sold one of the properties in November last year, by which time the personal allowance had reduced to £3000 each so £6000. Needless to say we had a rather large Capital Gains Tax bill to pay within 60 days of the sale. There is also PAYE to pay on any profits from rental income.
Then there was the issue of trying to evict a tenant, took 7 months to do it legally meaning a rent shortfall of over £5000.
I’m sure others will have different experiences, but for me with the taxation and the risks involved, all that glitters isn’t gold in property investment.

You need good advice on how to do it successfully and make money after the first one it’s easy if you buy to let buy having a mortgage then yes you are limited as to return , buying outright is the way ahead . I know many who make a huge living doing it , and you still have the value of the property that is constantly increasing as well as an income from it ,again you need good advice how to do it legally and the most tax efficient way to do it . But it’s a good living for doing very little once you have your first one then just repeat

Investing in property isn’t as attractive as it once was. Too many people were doing too well out of it and it was only a matter of time before the treasury got their slice of the pie. Firstly they changed the rules on tax relief from a mortgage, meaning tax relief was only allowed on the interest part of the mortgage and not the whole mortgage amount, which made a big difference if you were on a repayment mortgage. Also year on year they have reduced the personal allowance for capital gains tax. When we bought two buy to let properties in 2016 the personal allowance was £12 000, so because the properties were bought in joint names we had an overall allowance of £24 000. We sold one of the properties in November last year, by which time the personal allowance had reduced to £3000 each so £6000. Needless to say we had a rather large Capital Gains Tax bill to pay within 60 days of the sale. There is also PAYE to pay on any profits from rental income.
Then there was the issue of trying to evict a tenant, took 7 months to do it legally meaning a rent shortfall of over £5000.
I’m sure others will have different experiences, but for me with the taxation and the risks involved, all that glitters isn’t gold in property investment.

Quote from: KS Cleaning on December 15, 2025, 05:38:36 pm

That’s me paid a deposit on a 1 year old E Custom Sport. Will probably fly down for it on Saturday (Birmingham)… if not it will be between Christmas and New Year. That will then give me time to fit it out before starting back to work after New Year.

Exciting mate, keep me posted once you’re up and running with it 👍🏼

That’s me paid a deposit on a 1 year old E Custom Sport. Will probably fly down for it on Saturday (Birmingham)… if not it will be between Christmas and New Year. That will then give me time to fit it out before starting back to work after New Year.