Over the last few months we have seen increased interest from individuals thinking about investing in the ‘BUY to LET’ market. The improvements in the property market and signs of recovery in this area have triggered peoples interest in potentially starting out or developing their property portfolios. A further change in the pension rules allowing individuals to drawdown on their pension funds have also created further interest, with potential funds for investment being more accessible.
We are finding individuals are asking us questions such as…should I hold an investment in a company or privately? What are the tax implications when I sell a property that isn’t my main residence? How do I account for the rental side of the investment? In a simple, 1 hour free meeting we happily address all of these issues and give people a starting point and further information they need to make an informed decision on whether this type of investment is right for them. We are happy to talk to anyone about this so please call the office if you would like a free one hour discussion.
We also have trusted associates that are qualified mortgage advisors who have had years of dealing with the BUY to LET market and we can help you set up initial meetings to discuss any borrowing requirements if you like the idea of entering this market.
Over the years we have developed useful tools for property developers to assess their situations and analyse the right time for them to invest further in additional properties. Assessing your own risk appetite, equity to loan values, rental yields and analysis of the market overall are all areas that need to be addressed when looking at this type of investment. We are here to help you do that.
