Leicester November 2019 Meeting 

The Scrum Of Building – Build a team, plan and implement a gameplan, avoid bad building experiences - Chris Pearce 

At some point we will need the builders on our projects to add value and improve our investment and we all have different experiences of this.

With over 30 years working in the construction industry, now as a Senior Contracts Manager with an international company, Chris has seen a lot of good practices and learned from bad practices.

Chris will be focusing not on the technical building elements but how to ensure we can have good practices and systems in place with a team in order to deliver a successful project. There are elements that are relevant whether it be a quick decoration or a detailed refurbishment. 

During his presentation, Chris will:-

•    Identify the 4 Key areas to a successful project
•    Why construction is like rugby
•    Describe 8 key members for the scrum of building
•    How to reduce risk during your building project

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.