{"id":7634,"date":"2019-11-21T01:15:45","date_gmt":"2019-11-21T01:15:45","guid":{"rendered":"http:\/\/areton-ltd.com\/?page_id=7634"},"modified":"2019-11-21T01:15:45","modified_gmt":"2019-11-21T01:15:45","slug":"24-ryde-street-hull-hu5-1pa","status":"publish","type":"page","link":"https:\/\/areton-ltd.com\/es\/24-ryde-street-hull-hu5-1pa\/","title":{"rendered":"24 ryde street hull hu5 1pa"},"content":{"rendered":"<p><a href=\"http:\/\/areton-ltd.com\/wp-content\/uploads\/2019\/03\/logo-1.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-3769\" src=\"http:\/\/areton-ltd.com\/wp-content\/uploads\/2019\/03\/logo-1.png\" alt=\"\" width=\"141\" height=\"73\" \/><\/a><\/p>\n<p>Offer Lease to purchase.<\/p>\n<p>Lessor: Current landlord<\/p>\n<p>Lessee: Areton Ltd or Andreas Investments Ltd<\/p>\n<p><strong>Monthly guaranteed lease payment 550 Pounds<\/strong><\/p>\n<p><strong>Purchase price 130k<\/strong> in 10 years from the beginning of the lease<\/p>\n<p>Based on a outstanding 75000 loan secured on the house from Lloyds bank and a typical interest rate of 4% on buy to let mortgage the the interest on the loan is 250 GBP monthly.<\/p>\n<p>Monthly gains 550-250=300 GBP per month guaranteed on the lease agreement. This translates into a guaranteed earning of 3600 per year. Based on a 10 year lease this it 36000 pounds earning from the lease payments. Please note that this earning is completely passive as no obligation, liability or responsibility is taken by the lessor.<\/p>\n<p>Based on a purchase price of 130 K the further gains would be of 10000. This would be tax free as todays&#8217; tax law.<\/p>\n<p>This leaves a total of 46000 thousands for the lessor. This gain occurs without any expense from the lessor as all the responsibility are passed on the lessee.<\/p>\n<p><strong>This is the equivalent of a gain you would made on a sale of a sale of 166K<\/strong> but without all the capital tax gans you would incurr in such a case. Also note that our due diligence suggests this level of sale is unlikely at this current prices.<\/p>\n<p>Tax advantageous as the earnings are very likely higher than most other sales options and they are spread over a longer period of time and therefore likely to incur in little or no tax depending on the circumstances of the lessor (seller).<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Costs of the transaction.<\/strong><\/p>\n<p>All future costs are borne by the lessee.<\/p>\n<p>Lease agreement including legal representation for both parties ranges from 1000 pounds to 1500 pounds. This is borne by the lessee<\/p>\n<p>All legal costs of the future purchase are borne by the lessee, this includes sellers legal fees.<\/p>\n<p>HMO license will be passed on to the lessee as well as all future renewals.<\/p>\n<p>Insurance to the building will be borne by the lessees. All maintenance will be borne by the lessee<\/p>\n<p>All liabilities and legal responsibilities in connection to the building will be passed on to the lessee. No Further responibility ofs borne by the current landlord.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>The advantage of this option versus a normal auction sale or other sale:<\/strong><\/p>\n<p>Typically far higher gains to the seller. This is because of the different nature to the agreement.<\/p>\n<p>Faster completion<\/p>\n<p>No further costs<\/p>\n<p>Like another sale the future purchaser will take full responsibility of the property from the beginning of the lease.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Timescale<\/strong><\/p>\n<p>Survey to be carried out at the lessee&#8217;s cost on the week commencing the 25th of November.<\/p>\n<p>Contract drafting an on the week commencing of the 2nd of December<\/p>\n<p>Lease completion on the week commencing on the 9th of December 2019.<\/p>\n<p><a href=\"http:\/\/areton-ltd.com\/wp-content\/uploads\/2019\/11\/sign.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-7642\" src=\"http:\/\/areton-ltd.com\/wp-content\/uploads\/2019\/11\/sign.png\" alt=\"\" width=\"258\" height=\"79\" \/><\/a><\/p>\n<p>&nbsp;<\/p>","protected":false},"excerpt":{"rendered":"<p>Offer Lease to purchase. Lessor: Current landlord Lessee: Areton Ltd or Andreas Investments Ltd Monthly guaranteed lease payment 550 Pounds<\/p>","protected":false},"author":5,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"class_list":["post-7634","page","type-page","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/pages\/7634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/comments?post=7634"}],"version-history":[{"count":0,"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/pages\/7634\/revisions"}],"wp:attachment":[{"href":"https:\/\/areton-ltd.com\/es\/wp-json\/wp\/v2\/media?parent=7634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}