Hull September 2018 Meeting 

What I learnt losing £5m in the property crash - Jason Living

Jason qualified as a Chartered Surveyor and has been investing in property for more than 27 years and it has been his full time focus for the last 18 years.  He has a large portfolio of nearly 200 properties located in the North East, Merseyside and London. Through that time he has built a very large portfolio of properties and has gained a very wide range experience of many aspects of investing including single lets, HMOs (Houses of Multiple Occupation), Commercial Planning & Development, Commercial property, large and small refurbishment projects, rent to rent, lease options and selling to tenant buyers.  More recently he has converted some of his portfolio to Serviced Accommodation and with business partner Lee Pemberton he now offers training and support to other Serviced Accommodation operators. 

But it hasn’t always been plain sailing and Jason regards his greatest and most valuable skill as the ability to overcome adversity and find solutions to apparently insurmountable problems.

At this month's pin meeting, Jason will be sharing his story with you warts and all, and to give you a very valuable insight into what he regards as the keys to success in property.

ALSO... Incorporating without refinancing and other taxation strategies - Mark Smith 

•    Are you a hands-on landlord looking to counter the effects of loss of finance cost relief?
•    Do you want to get your business into a company structure without having to refinance your current lending?
•    Do you want to pass on as much of your business as you can whilst minimising the effects of IHT?
•    Do you want to maximise your personal tax allowances?

If you are a property rental business, working 20 hours or more in an average week, and sharing income and expenses in common with another (eg spouse) then you could well be eligible for incorporation into a limited company, without having to refinance your current lending and with rollover relief on capital gains and exemptions from Stamp Duty. This would give your business full relief from finance costs, as well as a whole range of other opportunities for equity release, income maximisation and succession planning.

Mark Smith is a barrister well-known in the private rented sector. He led the legal team that recovered £27million of unlawfully charged mortgage interest from West Bromwich Building Society in 2016 on behalf of 6200 landlords (Mark Alexander v West Bromwich).

In association with Property118, he has designed robust strategies to allow rental businesses to incorporate without refinancing, and over 100 businesses have successfully done so to date from the introduction of the BICT in November 2015.