One phrase I often hear from estate agents when talking to them about my clients wishes, is, “you won’t get what you are looking for around here with that budget!”
Well, my advice is: Don’t be disheartened if you get told this! Continue reading
Buying a Property
It’s nearly 2016: 3 things you need to know about buying property in the UK
Stamp duty changes for buy-to-let purchases.
From April 2016 the government have announced that there will be an additional 3% surcharge on property purchases of second homes and buy-to let properties.
In monetary terms, for a purchase at £500,000, the stamp duty tax will now be £30,000 rather than £15,000 for owner occupiers.
This is being seen by many as a “second attack” on landlords after the reduction of tax relief on mortgage interest payments. Continue reading