Property Industry News

Could BTL investors avoid 3% stamp duty surcharge following tax tribunal ruling?

Tue, 26 Mar 2019 12:00:28 GMT
HMRC could soon be flooded with stamp duty surcharge refund requests from buy-to-let investors following a potential precedent set at a recent tax tribunal in which a couple acquired a derelict building in which they were able to negate the additional 3% stamp duty charge on purchases of seco [...]
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Four in ten BTL landlords set to add to portfolio this year

Tue, 26 Mar 2019 12:00:16 GMT
Four in ten buy-to-let landlords are planning to expand their portfolio this year, according to new research. With buy-to-let continuing to deliver solid returns which outstrip many other asset classes, a fresh report by Experience Invest shows that 39% of buy-to-let landlords are planning t [...]
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Many landlords now rely on council incentives to house homeless people

Tue, 26 Mar 2019 12:00:04 GMT
The widening gap between housing benefit rates and market rents means that many buy-to-let landlords are now forced to rely on ‘incentives’ provided by councils in order to achieve anywhere near what they would get on the private rental market. With rents increasing, the gap betw [...]
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Landlords urged to buy properties with high service charges and then take control

Tue, 26 Mar 2019 12:00:03 GMT
Buy-to-let landlords should not be deterred from acquiring leasehold properties, but rather target homes with ‘high service charges’, and then set up a Right to Manage firm in order to increase profitability of rental property and widen market appeal when selling in the future, ac [...]
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New app makes repairs reporting easier

Tue, 26 Mar 2019 12:00:02 GMT
A new property repair and maintenance reporting app has been launched by Scottish Land & Estates (SLE). The system, which can be used to schedule alerts and reminders for maintenance to be carried out in future months and years, is designed to help tenants and landlords. The app and web [...]
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Now is a good time to invest in property amid Brexit uncertainty

Mon, 25 Mar 2019 12:00:08 GMT
Residential property prices have fallen since the stat of the year, according to figures from the ONS, with prices dropping 1% since December 2018, suggesting that now could be a good time to negotiate a reduced price on a property purchase. Amid Brexit uncertainty, property prices across ma [...]
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A growing number of landlords using limited company status

Mon, 25 Mar 2019 12:00:06 GMT
More than two thirds of landlords with four or more properties intend to use limited company status in order to acquire more properties this year, fresh research by Precise Mortgages shows. The study found that 64% of buy-to-let investors who own at least four properties intend to use limite [...]
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Sharp rise in cost of 5-year rate BTL mortgage products

Mon, 25 Mar 2019 12:00:04 GMT
There has been a significant increase in the cost of popular fixed term buy-to-let mortgage rates, fresh data shows. The latest research from online mortgage broker, Property Master, shows the cost of two out of three categories of five-year fixed rate buy-to-let mortgages had showed a sharp [...]
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