After a turbulent couple of years, landlords will be hoping for respite and perhaps positive news from the Autumn Budget, which will be delivered on Monday, October 29th. Much of the UK’s financial landscape has been dominated by Brexit during 2018. Initial optimism that a deal would be agreed between […]
Recent figures show that the demand for buy-to-let loans has declined whilst the demand for first time buyer mortgages in the UK has significantly increased. Studies by UK Finance show that there were over 32,000 first time buyer mortgages taken out in May 2018, an 8.1% increase from last year. […]
The new mortgage affordability tests and income tax changes are going to make things difficult for landlords in the UK. As much as 60% of landlords believe that these changes will impact them. Many of these landlords are basic rate income tax payers and place their property portfolios into limited […]
A 3% stamp duty surcharge on second homes, including residential investment properties, is one of the most recent and most well-publicised changes to the UK’s buy-to-let landscape. However, some landlords are making use of a “loophole” which allows them to avoid the surcharge when making a residential investment: buying flats […]
How to go about obtaining the necessary funds to purchase a property from an auction all depends on what you intend to do with it once you’ve bought it. For example, if you intend to sell the property quickly for profit, you would be unwise to tangle yourself up in, […]
