Property is the New Pension
The buy to let scheme is a great way to ensure that your property is generating a regular income.
This will eventually yield a substantial return on your investment.
Despite the potential changes proposed to the landlord’s tax reliefs, buy to let’s continue to be a solid investment. The main reasons they are such an attractive option are; low interest rates, volatility of the stock market and affordable rental yields.
The demand for buy to let properties are likely to increase in the future, due to rental accommodations becoming more appealing and resourceful.
EPIC homes manages a vast status of portfolios for our national and international clients.
EPIC homes have discovered that properties globally over the years has shown falling house prices to fire up/ implement the buy to let markets worldwide.
Britons in their droves are still fighting the temptation of buying their dream property in the sun.
Pouring hard cash into an overseas property comes with risks, even though a window of destinations now looks very attractive for investing compared to a year ago.
A few markets slumped due to the economical crash/ climate but now offer great value again, especially in parts of Europe.
The overall view in other parts of the world dictate that overseas buyers are being poleaxed by huge tax incentives.
We at EPIC homes understand that the upmarket buy to let sector is very buoyant.
Basements are now the new penthouses. The change in tax are targeting investors forcing them to quit the market which is sad news for landlords.
Our expert consultants at EPIC homes have noticed that the introduction of huge additional stamp duty bills in the UK is now hindering the endeavour to plan for retirement.
Estate agent fees vary up and down the UK immensely. This is displayed in London with the new London help to buy equity scheme that’s available to home buyers. It directs you with exactly how much you need for deposit.
EPIC homes had noticed that parents are being hit hard by the UK’s new buy to let stamp duty. Parents planning to help their children buy a home in the UK are officially due to be stung because of the 3pc stamp duty penalty which is mainly aimed at buy to let landlords.
Our research at EPIC homes show that demand from buy to let investors is causing prices to rise. This shows rental yields falling as house prices have been rising quicker than rents. At the moment housing benefits get paid directly to the landlord but under the government new universal credit welfare programme which is surfacing in autumn 2017 all over the UK, it is being aimed to be paid to the tenant.