NunheadIsClose

Thanks for the help Loz, wasn't sure it was Dominoes. Pizza Hut sounds good to me. Dinner sorted. James do one!!

I have only skimmed this thread really quickly so apologies if this has already been covered, but I didn't see it. BTL is a very good idea and owning a second property is great if you can afford it (even if your mortgage is interest only) as on average house prices rise faster than inflation. There are several social reasons why BTL is a very bad idea and I am not going to go into these either. Please be aware that none of us can see the future and BTL still has it risks, especially when interest rates have been so low for so long. When these rise who knows what will happen. But generally speaking if you are in for the long term then BTL has proved very successful for many, many people. However please consider this. If you sell the flat you currently own and it is your main residence then you will be exempt from capital gains tax on the profit you have made on it, as selling your principle residence (your home) is exempt from CGT. However, if you keep it as a BTL and also buy another property that will then become your main residence. So when you come to sell the BTL you will need to pay CGT on the uplift in value from when you bought it until now. Please double check this with an accountant, but that is my understanding. How much you originally bought the flat for and how much you eventually sell it for will determine your tax bill. Apologies if I am wrong I am not an accountant, but if I am, knowing the EDF I am sure someone will point it out within minutes.

Hi all I hope one of you can help me...A flyer cam through my door last week. I think it was from Dominoes and it said something along the lines of 40% off if you spend ?30/?35, can quite remember. Well in my house, most flyers, estate agents, pizza menus, etc. go straight in the recycling. When I saw this one I thought hang on 40% off Dominoes, I fancy a bit of that and put it on the side (I think). Well, I fancy a pizza for dinner tonight and I can't find the flyer anywhere. I think the wife has thrown it away (this is strongly denied). Please kind people of Dulwich, if you have that said flyer, tell me what the promo code is. You wouldn't want me to either go hungry, pay full price or heaven forbid cook my own dinner.