Our last blog looked at five of the main positives for considering buy-to-let investment. However, becoming an investment Landlord isn’t for everyone and in this article we will look at some of the reasons against purchasing a property to rent out. Higher Deposits Although mortgage lenders are becoming more comfortable with buy-to-let mortgages and they... View...
Buy-to-let is back with a boom with increasing numbers of buy-to-let products being taken out by investors. The rental market is on the rise, meaning more investment opportunities for those already with a property portfolio, or those looking to start one. There are, however, some things you really need to consider when taking the risk... View...
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You usually pay Stamp Duty Land Tax (SDLT) on increasing portions of the property price when you buy residential property. SDLT only applies to properties over £250,000. There are three rates of stamp duty for residential property, with a standard rate for people who own one property, a surcharge for those who own multiple properties and a relief element for first time buyers.
For more information visit the .Gov website HERE
