Interest tax relief crackdown

A crackdown on mortgage interest relief for buy-to-let owners could force landlords to avoid these new measures by owning properties through corporate structures. This summer’s budget saw the chancellor announce that tax relief on buy-to-let mortgage interest payments would be restricted to the basic rate of income tax.

Buy-to-let investment jackpot

Low savings rate returns and rising property prices along with increasing rents has made the buy-to-let market very attractive to the investor. In 1996 the average buy-to-let property was selling for just £55,000 and the buyer would have needed a 25% deposit to proceed. Landlords have hit the investment jackpot by earning over 1250% since 1996 which far outstrips the performance of shares and investment bonds.

Are you a potential new landlord ?

Are you thinking about trying your hand as a landlord? Or are you a seasoned property investor looking to expand your portfolio? Whichever you may be there is little doubt now is a great time to be considering your options. Our research can reveal that not only are there a record number of deals available they are getting cheaper and cheaper by the day. This month alone has seen the number of new buy-to-let (BTL) mortgages available increase by 8. This just goes to show how much importance the lenders are placing on this type of business.

Buy to Let market growing again

May 2015 saw the buy to let market rise again applications and completions were up on figures for the same period last year. Investors are without doubt looking to secure new properties whilst mortgage rates are in their favour. Figures show existing investors are expanding their portfolios rapidly especially in the London and South East areas. Increased property values don’t seem to be deterring the investor as they see the future sell on value as the key to profitability.