House sellers need to do their sums before accepting an offer on a property investment to make sure the figures add up to pay any tax and settle the mortgage.
Property investors must know the break-even figure to set the asking price and to negotiate with a prospective buyer who makes an offer. Continue reading Making sure a selling price adds up for capital gains. Property investors must know the break-even figure to set the asking price and to negotiate with a prospective buyer who makes an offer
The latest house price surveys confirm what everyone already knows – house prices are stuck in a rut and mortgage finance is drying up.
The latest house price figures released by the Communities and Local Government Department show prices were still 8.3% up for August 2010 compared with August the year before. Continue reading House prices still up 8.3% on last year despite slowdown.
If your net assets are worth over £325,000 when you die, any money that you leave to anybody other than your husband, wife or civil partner will be taxed at 40%. This includes payouts from your life insurance policy, regardless of whether you’ve made a Will or not. The solution, which is very simple and cost effective, involves completing just one relatively simple document. Continue reading Why up to 40% of your life insurance payout could end up in the hands of the tax man
The housing market seems to have shaken out the inflation excesses of the boom period of a few years ago.
Estate agents, builders and lenders are all reporting a stable level of activity, even though this may be constrained for property investors looking for profits from capital growth. Continue reading Property investors to see 9.6% returns by end of 2010. Information acquired from various sources including Halifax, Nationwide, IMD and NAEA
Buy to let mortgage borrowers can breathe a sigh of relief for another month as the Bank of England’s Monetary Policy Committee has voted to keep the official bank rate steady at 0.5%.
The decision means the bank rate has remained at the record low of 0.5% for 18 consecutive months since March 2009. Continue reading Bank of England pegs interest rate at record low yet again. That’s 18 months in a row but what does this mean for landlords?