In 2017 rates on buy-to-let mortgages have hit a historic low and are now comparable to residential mortgages. But, going fixed rate is advisable as, in uncertain times, there is a lot to be said for paying more for some certainty. [Read more…] about What Does The Mortgage Market Look Like In 2017?
Property Expert Series with Richard Ignatowicz from Mortgage Savers
In the current property market cash flow is king and greater cash flow is to be found in lower value areas, where property deals can be found for under £100k. Investors who are not familiar with these areas may find themselves out of their comfort zone. This is something that can be overcome with due diligence and research. [Read more…] about What Kind Of Property Deals Should Investors Be Looking At?
To find a buy to let mortgage you need to consult with an experienced broker. Recent changes have made it very complicated and there is more change to come. There is a good chance that as of October 2017, anyone with more than 4 houses will start to find it very difficult to get mortgages to increase their portfolios. [Read more…] about How Should Landlords Go About Finding The Best Buy To Let Mortgage?
With the introduction of Section 24, property investors are exploring ways to limit their tax liability. One way to do this is to form a limited company for buy to let. This solution won’t make financial sense for everybody but, if it is the route you decide to go down, then you will need your new company to be a special purpose vehicle or SPV. [Read more…] about What Is A Special Purpose Vehicle (SPV)?
Recently, there has been a lot of talk amongst property investors and landlords about incorporation and about whether or not incorporating a buy to let limited company is the best way to offset the financial implications of Section 24. [Read more…] about Do Landlords Need To Set Up A Buy To Let Limited Company?
Unfortunately, Section 24 is going to make a lot of buy-to-let landlords a lot poorer but it isn’t going to affect everyone equally. Today, Amy and Richard look at what kind of investor is most likely to suffer and at why incorporating a limited company is not necessarily the best way to mitigate the problem. [Read more…] about What Is Section 24 And What Does It Mean For Buy-To-Let?