Owning your own home

Can't believe I sold to the type of barbarians who don't recognise vitsoe, tbh

Friends sold their place in Barnes to Daisy Waugh. The lovely copper freestanding bath they'd only recently put in was in a skip in the front garden a few weeks later.

(Looks like it's been sold again since then and the new people have completely ripped it apart again with major structural changes.)

This place was on ‘Britain’s Most Expensive Houses’, which was both hilarious and terrifying in equal measures.

Episode 1: https://www.channel4.com/programmes/britains-most-expensive-houses

4.6 million for a leasehold!

It's a third floor flat. It's hardly going to be freehold, is it?

Share of freehold might be optimal?

LOLLL

I dont know who that is but ifs have been round taking it out the skip. Copper baths aint cheap

I hope all this stuff that gets skipped actually gets intercepted and put onto eBay by the waste disposal men (not a euph for the mob).

Thats exactly what happens ay skip places, they sort out all the shit and the stuff worth money. Folk throw out wild stuff sometimes. Ive yet to meet someone in rate disposal thats skint. Infact I know someone who dad owns a demolition company and they have a yard thats about the size of 50 football fields.

The lease has 980 years still left to run. It's as close as you're going to get to a freehold flat already.

For that you want separate servants accommodation, ideally with their own door.

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Absolute melts!

I’ve just picked it up. I almost feel like I am robbing them!

Any freelancers ever expensed a loft conversion? Feel it should be legit.

Give it a shot and rely on the 11th commandment.

A while ago my OH was looking at setting up a Ltd for work and was talking to a freelancer mate about it. I overheard some of the things being expensed and was pretty incredulous.

Now I think about it the accountant is your way. I'll see if I can find their details. They'd definitely have the balls to put it though.

Share of freehold might be optimal?

Yeah exactly

Are you going ahead with Creative Spaces? Had a zoom chat with them before xmas which seemed pretty positive, waiting to be hit by the quote.

Should be fine so long as you don't use it for anything but work (probably).

good luck when you get audited by HMRC. if it was an office pod at the end of the garden i can see that being legit but unless the loft is for 100% business you could come unstuck.

I have claimed for office chairs/desks/shelving/and some fancy custom ply storage (thats full of gear/big A3 printer/hard drives etc)

Accountant does something for use of home office but thats it.

Loft is taking the piss unless it’s a sex room and you are a professional dominatrix or something.

If you do I think it means that bit of your home is no longer tax exempt when you sell so would be subject to capital gains tax.

^ as above it would totally come back to haunt you.

In an ideal world, yes, but money is pretty tight atm so going to have to see where we end up finance wise, realistically it’s going to cost £75k.

Shoulda known it wouldn’t be that easy…