Expat Mortgage, SSAS pension and Virtual Assistants
I work abroad for a foreign company as a expat on a yearly contract paying taxes & receiving a salary in local currency. Can I still qualify for a mortgage on a 50K house in the UK. My parents who`ve now passed away have a house mortgage free which will shortly be passed onto myself, brother. I guess this can act as a guarantor. I am also considering purchasing as a buy-to-let as an option if need be- One step ahead.
Can you recommend where I could find more information on SSAS and how to set one up?
I am looking at transferring my company pension into one and have a number of questions
If I transfer my existing pension which is greater than £40k from into a SSAS can I still pay in from my salary up to the £40 k limit as well this year?
If I retire from work (I'm 55) how would I remove money from this structure given my understanding that once you start drawing a pension from a SSAS you then become restricted to putting £4k a year into it and at what point would it become possible to start drawing pension without any penalty?- Gary Knight
You mentioned using a virtual assistant for £1.50 per hour to help getting R2R deals with landlords. How are you getting VAs to do work for £1.50 per hour? Is there a time of year that you shouldn't try to launch a Serviced Accommodation unit?- Dionne Condor-Farrell
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Expat Mortgage, SSAS pension and Virtual Assistants
property brothers hack apk Expat Mortgage, SSAS pension and Virtual Assistants | Money matters | Touchstone Education | |
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