Tag: Capital Gains Tax
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A Golden Opportunity for Equity-rich Landlords?
Tom Young, associate director at the Hampshire accountancy firm HWB, presents a captivating perspective. There’s a silver lining amid the clouded market conditions: cut-price properties are catching the eyes of investment buyers. For those landlords fortunate enough to possess equity, the tumultuous property climate might offer a unique opportunity. These individuals have the financial backbone…
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Is Investing in Buy-To-Let Property Using a Limited Company Worth It?
Should you invest in buy-to-let properties under your name or through a limited company? This crucial question is far from being simple black and white, and the implications of the decision are far-reaching stretching from your tax bills and mortgage interest to your long-term financial planning and inheritance provision. In Today’s Daily Mail, their financial…
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Is the Landlord Exodus a Reality?
The UK’s rental property landscape has long been an area of contention and discussion. A landlord exodus, which could see many properties exit the rental market, has been a pressing concern. Property118 considered whether it is as significant as it seems. The Landlord Exodus: Separating Fact from Fiction We’ve often come across headlines about a…
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Yorkshire Landlords Leaving Buy-to-Let
Yorkshire’s buy-to-let market has seen landlords enthusiastically invest for years. Bruce Collinson’s estate agency, a reputable name in Leeds, has observed this trend closely. But the past few months have shown a significant exodus of landlords from this market. Several factors have contributed to this shift: Collinson, a consultant and chartered surveyor at Leeds estate…
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Landlords Reducing Size of Portfolios
If you’ve been considering venturing into the world of property investment, particularly in the buy-to-let (BTL) sector, there’s been a significant shift that you should be aware of. The evolving landscape of government policies has presented both challenges and opportunities for landlords. Here’s a summary of what’s happening and what it could mean for you.…
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House-Flipping Guide Updated
Lovemoney have updated their introduction to house-flipping. House flipping, the practice of buying a rundown property, renovating it, and selling it for a profit, has remained popular even during the Covid-19 pandemic. In fact, research by estate agent Hamptons International has shown that 19,000 properties have been flipped during this time. The average difference between…
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Is This a Good Time to Downsize?
The Telegraph looked at the potential benefits to be gained from downsizing your property at the moment. The Current Economic Climate: Why Consider Downsizing? The Big Picture on Downsizing: Expert Opinion: Ian Cook advises not to get too hung up on the timing of the market. Downsizing can offer a tax-free sum for retirement since…
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Starting Your Own Development Company – Advice from Experience
Felix Cash is an experienced property developer who has built several companies. In Bytestart today he offers advice for people wanting to start their own business. Introduction 2023 has seen a spike in UK rent rates. This means that being in the property business can be profitable. Yet, setting up a successful property portfolio and…
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A Simple Guide to Buy-to-Let Mortgages
The Telegraph has published a guide to the way buy-to-let mortgages work, and how to apply for one. Here’s a summary – In a nutshell: Buy-to-let can be profitable, but it’s essential to be informed, consider tax implications, and seek expert advice when needed.
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CGT Figures Show Landlords are Leaving?
Many landlords may be leaving the “buy to let” property sector, according to the latest Capital Gains Tax (CGT) figures from the government. Wealth Management firm Quilter has interpreted this data as a sign that more landlords are choosing to sell their properties, and thus exit the market, due to a combination of factors. One…