When considering getting involved with buy to let property investment there is a temptation to start by diving online and finding a good-looking property. Finding a property is, in fact, way down the line of a whole list of prior activities that need to be completed when setting up for buy to let success. That… Read more »
Posts Categorized: Letting & Management
The Autumn Budget and Housing
Chancellor Philip Hammond’s first Autumn Budget unveiled a range of measures to boost housing and devolution. Devolution The Chancellor confirmed a £1.7bn “Transforming Cities Fund”, with half the cash going to the metro mayors and the rest open to competition and announced further measures for more devolution to the West Midlands, alongside a deal for… Read more »
Tax pressures on Landlords
As tax pressures on landlords continue to increase many are looking for ways to reduce their liability. We are not accountants so we urge all landlords (or prospective landlords), whatever their situation to talk to their accountant – this article offers general information only. Section 24 Firstly, a reminder that the biggest tax pressures on… Read more »
New Rules for Portfolio Landlords
Phase 1 of the Bank of England’s Prudential Regulation Authority (PRA) changes to buy-to-let mortgage lending were introduced in January 2017 and introduced stricter affordability tests, including a stress test on interest rate rises, for buy-to-let landlords. Now, the industry is preparing for Phase 2 which is targeting new rules for Portfolio Landlords. (Portfolio landlords… Read more »
Property remains a viable investment
Despite the doom and gloom amongst some landlords about whether property remains a viable investment there remain several reasons why landlords can continue to generate wealth through property. Here are some of the main reasons why property remains a viable investment. Rents are predicted to continue to rise There are many variable predictions about the future… Read more »
New Website Launched
We have launched our new website at https://sourceinvestments.com/ Since our inception Source Property Investment has gone from strength to strength finding, buying and letting new properties for existing and first-time landlords. Our strategy of providing a personal service for a select group of investors remains unchanged. We are not aiming at the mass market but instead… Read more »
Investing retirement cash funds
For those many people who have been lucky enough to have either retired or will soon be retiring with a good value pension there is a dilemma about investing retirement cash funds. Typically, up to a quarter of the overall pension entitlement can be commuted for a tax-free cash sum. For some this will be used to pay off outstanding… Read more »
Optimistic property prediction
Latest research from Barclays Bank gives an optimistic property prediction of the housing market over the next five years. The bank is predicting that prices across the UK will rise by 6.1 per cent by the end of 2021 – with significantly higher increases in some locations. The research uses factors including rental trends, employment levels… Read more »
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