Bankside
Southwark, Elephant and Castle, London Bridge, Borough, Waterloo
Southwark, Elephant and Castle, London Bridge, Borough, Waterloo
Clerkenwell
Islington, Old Street, Bloomsbury, Kings Cross, Holborn
Islington, Old Street, Bloomsbury, Kings Cross, Holborn
Shoreditch
Hoxton, Brick Lane, Old Street, Liverpool Street, Whitechapel, Dalston
Hoxton, Brick Lane, Old Street, Liverpool Street, Whitechapel, Dalston
Hackney
Hackney Central, Hackney Wick, London Fields, Victoria Park, Dalston, Stoke Newington, Shacklewell, Clapton, Homerton
Hackney Central, Hackney Wick, London Fields, Victoria Park, Dalston, Stoke Newington, Shacklewell, Clapton, Homerton
Advice about buy to let
What is Buy to Let
Buy to Let is a relatively recent introduction to the ‘Property Game’ and came about in its modern form as the demand for rental properties has soared across the UK. Quite simply you buy a property specifically to rent it out and there are a number of mortgage options available to do this. Offering competitive rates of interest and as many variations as you would typically find if you were looking as an owner/occupier.
Buy to Let has given people who have some investment capital an easy way in to property investment, and has opened up the rental market by bringing a lot more quality properties to the market. The days of tatty flats and mean Landlords are long gone. As a Landlord you can expect to enjoy a return on both the rental income and the capital appreciation. Although this is dependent on the state of the property market.
Dos and Don’ts of Buy to Let
Do look at Buy to Let as a medium to long term investment. There are occasional short term gains to be made, but you will be sorely disappointed if this is what you are looking for.
Do ensure that the property you are looking at is marketable and that it will cover all of the associated costs when let out. Stirling Ackroyd can advise you on the achievable rental price of your investment.
Don’t buy something just because you like it. The property you have set your heart on may be a poor Buy to Let investment, if you are unsure call one of Stirling Ackroyd’s experienced staff to discuss.
Don’t think that Buy to Let is a passive investment, being a Landlord can be potentially time consuming and stressful. By instructing Stirling Ackroyd you will be in the best hands to guide you through any situations that may arise.
Implications of Buy to Let
The implications of Buy to Let include your tax liability, potentially on both the rental income and on the capital appreciation of your property.
This includes Landlords who normally live overseas. There is tax payable on all rental income earned in the UK, and unless Stirling Ackroyd has authorisation from the Inland Revenue we will deduct tax at source. You can get advice and the appropriate forms from the Inland Revenue’s website if you are an overseas resident, or will be moving overseas.
Buy to Let is a relatively recent introduction to the ‘Property Game’ and came about in its modern form as the demand for rental properties has soared across the UK. Quite simply you buy a property specifically to rent it out and there are a number of mortgage options available to do this. Offering competitive rates of interest and as many variations as you would typically find if you were looking as an owner/occupier.
Buy to Let has given people who have some investment capital an easy way in to property investment, and has opened up the rental market by bringing a lot more quality properties to the market. The days of tatty flats and mean Landlords are long gone. As a Landlord you can expect to enjoy a return on both the rental income and the capital appreciation. Although this is dependent on the state of the property market.
Dos and Don’ts of Buy to Let
Do look at Buy to Let as a medium to long term investment. There are occasional short term gains to be made, but you will be sorely disappointed if this is what you are looking for.
Do ensure that the property you are looking at is marketable and that it will cover all of the associated costs when let out. Stirling Ackroyd can advise you on the achievable rental price of your investment.
Don’t buy something just because you like it. The property you have set your heart on may be a poor Buy to Let investment, if you are unsure call one of Stirling Ackroyd’s experienced staff to discuss.
Don’t think that Buy to Let is a passive investment, being a Landlord can be potentially time consuming and stressful. By instructing Stirling Ackroyd you will be in the best hands to guide you through any situations that may arise.
Implications of Buy to Let
The implications of Buy to Let include your tax liability, potentially on both the rental income and on the capital appreciation of your property.
This includes Landlords who normally live overseas. There is tax payable on all rental income earned in the UK, and unless Stirling Ackroyd has authorisation from the Inland Revenue we will deduct tax at source. You can get advice and the appropriate forms from the Inland Revenue’s website if you are an overseas resident, or will be moving overseas.