A new rent survey based on the average cost of renting compared to buying a similar home on an interest only mortgage at 5%.
Aberdeen is the cheapest place in the country to let a home, with rents 22% below the average cost of buying a similar home on an interest only mortgage at 5%. Continue reading Top 10 places where renting a home is cheaper than buying
The UK’s average property value is currently £167,953, according to the Halifax’s latest survey.
It is probably fair to say that every landlord owns at least two properties, their own home plus at least one buy to let property. Therefore, excluding any other assets or life insurance policies, their assets are likely to exceed the £325,000 nil rate band for Inheritance Tax (IHT). Continue reading Landlords could be lining the Tax Mans coffers if they live through the next property cycle. Born free taxed to death? This needn’t be the case for readers of Landlord News
Mark Alexander explains why, even though rates at these levels are extremely unlikely, high interest rates due to high inflation over a sustained period could actually be extremely good news for landlords who follow The Money Centre strategy of combining liquidity and high gearing. Continue reading Are 8% interest rates scaremongering?