Lovell Consulting advised a private family on the purchase of this investment property. Forensic research established that no previous owner had made a claim to capital allowances. This enabled allowances to be claimed without reference to historic costs and based on an apportionment of the price paid in accordance with s562 CAA 2001. Substantial allowances were agreed with HMRC.
Lovell Consulting advise more than 100 property investors from private individuals, non resident landlords, property companies, funds and REITS ranging in value from 0.5m to 500m.