Category: Buy To Let
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Landlords Feel the Pinch as Profits Dip Despite Rent Hikes
Recent research has revealed that landlords are taking home less profit from their buy-to-let (BTL) investments, even as they charge more for rent. Over the last two years, the typical return on BTL properties has seen a 6% decrease, a significant dip attributed to a combination of rising mortgage costs, increased charges from agents, and…
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Landlords, Beware The Hidden Costs of Limited Companies for Buy-to-Let
An increasing number of UK landlords have turned to limited companies as a vehicle for their buy-to-let investments. This shift has been significant, with a record 50,004 companies established for this purpose just last year, as revealed by Hamptons. The total number of buy-to-lets held within company structures has surged to 615,077, marking an 82%…
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Buy To Let Basics – What Are HMOs?
Are you considering diving into the world of buy-to-let investments with a focus on Houses in Multiple Occupation (HMOs)? If so, there’s much to learn and consider before you take the plunge. HMOs can be a lucrative opportunity for landlords, yet they come with their own set of rules, regulations, and challenges. Understanding HMOs HMOs…
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Landlords to Feel the Pinch – New Tax Changes Could Cost You More
UK landlords looking to sell their properties might find themselves forking out more in taxes, despite recent announcements in the Budget that seemed to promise relief. Jeremy Hunt, in his latest Budget speech, unveiled what was initially seen as a boon for landlords – a reduction in the rate of Capital Gains Tax (CGT) for…
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CGT Cut Too Small to Tempt Landlords to Sell, Says Expert
In the recent Budget announcement, Chancellor Jeremy Hunt introduced a reduction in Capital Gains Tax (CGT) from 28% to 24% for higher-rate taxpayers, a move aimed at encouraging property sales among landlords. However, Jo Eccles, head of the London-based buying and selling agency Eccord, believes this tax relief is too minor to motivate landlords to…
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Big Decisions Ahead for UK Landlords as Mortgage Renewal Looms
According to The Mortgage Lender (TML), nearly half of the UK’s landlords who have a mortgage are on the verge of a crucial financial crossroads. 40% of these landlords are expected to renew their mortgage agreements within the next 12 months. This situation potentially affects thousands of tenants and property owners across the country. Chris…
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Buy-to-Let Investment, The Reality Behind the Passive Income Dream
Charlie Davidson, a leading residential property expert at the London law firm Bishop & Sewell, has shattered the often-celebrated myth of effortlessly earning passive income through buy-to-let properties. Contrary to the rosy pictures painted by many, Davidson’s insights reveal a more complex and demanding reality for landlords in the UK. A Closer Look at the…
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UK Landlords Brace for Impact – Major Tax Changes Announced in 2024 Budget
Jeremy Hunt has unveiled a significant shake-up of property-related taxes in the latest Spring Budget. The overhaul aims to streamline tax rates and remove certain reliefs, promising to stir the pot in the real estate market. Here’s a breakdown of what these changes mean for landlords, investors, and the average UK resident looking for a…
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New Flexible Mortgage Tracker Unveiled for Property Investors
Hampshire Trust Bank (HTB) has announced the launch of a new mortgage product for buy-to-let and development investors. This “limited edition” offering, known as the Flex tracker, blends the predictability of a tracker mortgage with unprecedented flexibility. The Flex tracker allows property investors and developers to benefit from a two-year discounted rate, with the added…
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UK Landlords Set Eyes on Expansion in 2024, Lendlord Survey Reveals
The latest survey from Lendlord shows a significant portion of UK landlords are gearing up to broaden their horizons in the property market in 2024. With ambitions flying high, about 38% of landlords surveyed are actively planning to add more properties to their portfolios in the coming year. The survey took into account the perspectives…