Tag: Capital Gains Tax
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Capital Gains Tax: What Landlords Need to Know
The jargon and technicalities surrounding capital gains tax (CGT) can make it seem like a complex beast. However, once broken down, it’s relatively straightforward. The Daily Mail had a useful overview of what CGT is, how it affects you, and the recent changes. What is Capital Gains Tax (CGT)? CGT is a tax applied on…
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Rental Market Squeeze: Demand Soars but Homes Stay Scarce
According to the latest Housing Insight report by Propertymark, the letting agents’ main representative body, the amount of rental properties available is alarmingly low. In September 2023, on average, each member branch had only 11 properties up for rent. And if you thought that’s a significant drop from the previous months, it’s interesting to note…
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Could You Buy-to-Let in France?
In recent times, the property landscape in the UK has witnessed changes that might make aspiring landlords ponder alternatives. With interest rates soaring and regulations becoming stringent, there’s a growing interest in looking across the Channel to France. If you’ve ever wondered about the potential of French real estate, the Telegraph had an interesting article…
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Supply of Rental Properties Remains Low
According to Propertymark, the average number of properties available to rent per member branch in September 2023 has remained consistent with August 2023 figures, resting at 11 properties. This might seem like a stable market on the surface. However, diving deeper, we find that these supply levels have barely fluctuated over the past year. But…
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Property Investment: No Homeownership Required
In today’s economic climate, the traditional path of buying property to rent out is becoming less accessible for many. However, the aspiration to invest in the thriving property market, especially in prestigious locations like London, hasn’t waned. The good news is, innovative platforms and investment methods are emerging, providing alternatives to direct property ownership. These…
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Are Falling Prices Tempting You to Buy a Second Home?
As house prices experience a notable decline, many Britons might be considering the investment opportunity that buying a second home presents. However, this decision isn’t one to take lightly; understanding the financial implications, including taxes and potential benefits, is crucial. Investors’ Chronicle has a guide. Current Housing Market: An Opportune Time for Buyers? Since March…
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The Great Retirement Debate: Property Investment vs. Pension Fund
Which is best – investing your money in a property or a pension? In today’s BusinessDesk, a tax accountant shares some thoughts on the dilemma. According to a recent report from the property website, Rightmove, there’s been a notable surge in interest in British rental properties. The data revealed that on average, each rental property…
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Crucial Time for Buy-to-Let Sector
The UK property investment sector, particularly the buy-to-let (BTL) market, is going through a tricky period. The economic landscape, heavily influenced by various factors including housing regulations, tax changes and mortgage interest rates, is creating a challenging environment for landlords. The Task Ahead for Landlords Rachel Springall, finance expert at Moneyfactscompare.co.uk, underscores the importance of…
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BTL Mortgages – Declining Fixed Rates and Increasing Product Availability
In a surprising turn of events, the number of buy-to-let (BTL) products available on the market has nearly tripled from the previous year. This trend is based on research from Moneyfacts, which highlights an increase from 988 BTL offerings available in October of last year to 2,581 options this year. We’re not only seeing this…
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Decline in BTL Mortgage Originations
A recent report from Fitch Ratings, a respected global ratings agency, has shed light on some significant shifts happening within the UK’s Buy-To-Let (BTL) mortgage sector. The crux? BTL mortgage originations – which is the process of introducing new mortgages into the market – have seen a decline. The Core Reason: Mounting Cost Pressures on…