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Next week, Property Tribes is delighted to present a week of content focussing on the world of portfolio landlords.We believe that the gap is widening between small landlords (3 or less properties) and portfolio landlords (4 or more properties) in many areas including tax, finance, and mindset.Property Tribes will be presenting a week of content exploring these issues, powered by Less Tax for Landlords.This is how the week is shaping up:Monday - Launch of "Portfolio Landlords Week" with Tony Gimple of Less Tax for Landlords and we meet Robert, a portfolio landlord based on the south coast to hear about his property journey.Tuesday - Finance for portfolio landlords with Shawbrook Bank and Property Tribes Financial Services. (Video in footer).Wednesday - Insurance for portfolio landlords with Alan Boswell Group and we meet a husband/wife portfolio landlord team JP and Angela Barakat. Thursday - Tax for portfolio landlords with Tony Gimple of Less Tax for Landlords and we feature Tony's presentation from the Spring Property Investor Show.Friday - Portfolio landlord with four decades of experience, John Howard, shares his tips and we meet Chris, a portfolio landlord based in St. Albans.Here is a preview of the week, where we speak to Steve Olejnik, M.D. of Mortgages for Business about the changing finance landscape for portfolio landlords:
It is interesting that this thread is being posted on the same day that a self-employed mortgage expert is claiming that Britain’s portfolio landlords are ‘burying their heads in the sand’ over new tax changes coming into effect in less than 12 months and must do more to prepare now.
Gary Das, founder of a Chelmsford-based mortgage brokerage, fears millions of UK landlords with multiple properties are refusing to see what’s right in front of them in terms of the upcoming tax changes.
He insisted that millions of landlords who own more than four properties with a mortgage must prepare now in order to successfully navigate the changes, leaning on the advice of a mortgage professional for their future strategy.Das says that portfolio landlords in the higher tax bracket could face bigger tax demands from the Treasury as Section 24 becomes fully embedded in April 2020.Full/source articleProperty Tribes would like to thank Less Tax for Landlords for powering this week of content. A reminder that it is thanks to the support of our partners and sponsors that Property Tribes remains as a free-to-use community resource. In view of this, we appreciate the community's forbearance to allow our sponsors to make the occasional marketing announcement.
Tune in all next week to look at property life through a portfolio landlord lens - "Portfolio Landlords Week" here on Property Tribes! It's set to be a great week!SEE ALSO - If you knew then what you know now, what might you have done differently?UP NEXT - Growing a property portfolio - resourcesDON'T MISS - Directory of "Themed Weeks" contentNOW WATCH:
Vanessa Warwick Landlord and Co-Founder of PropertyTribes.com **If you have got value from Property Tribes, find out how you can support it in remaining a free to use community resource**
Looking forward to this Vanessa. Our mindset & focus has certainly changed so I am keen to see what others have to say.
Stewardson Developments Ltd.
Burson Land Ltd. & Jennings & Gilchreaste Ltd.
Follow me on twitter - @philstewardson