Can i have two properties in my name?
Answers:
Yes you can
But if you're getting a loan for your 2nd property, lender will see your credit report and know that you have another property.
Yes.No limit to the amount of properties you may own if you can afford it!
yes
yes...but only one primary. Some of our clients own 50 properties so the sky is the limit
yes u can.
yes
Yes - he only problem is with the mortgage. if you are living in a property then want to buy another one (say with another partner) you will have to be taken off the first mortgage first.
if one is for investment you will need a 'buy to let' mortgage. if you are going to rent your own home and buy another to move to you will need a 'let to buy' mortgage. you can only be on one 'residential' at a time.
Yes, if you have the money.
If you've got the cash then yes.
One of the main issue to remember is that for capital gains tax, the taxman will only let you treat one property - usually the one you spend most time in yourself - as your main residence. The effect of this is that when you come to sell the second,thrid fourth etc property, you'll have to pay capital gains tax on them. Speak to an accountant if this is the issue you're worried about.
Yes if you've got the money.
Remember though you'll have to pay council tax on both properties ( that is if you're in the U.K!!)
Yes what do you think Landlord's do you just have to prove you can afford it.
yes if you can afford two properties why not...
The answers post by the user, for information only, BAnswer.com does not guarantee the right.
More Related Questions and Answers...