Hidden in amongst the small print of this week’s budget is a tax hike that will hit companies who own buy to let property. Companies have always been able to deduct the amount of the increase in value that could be attributed to inflation over the period the asset was held and only pay Capital Gains Tax on the remainder. From January 2018 this benefit will be eliminated equaling the playing field between...
Propertymark has created its first-ever advertising campaign highlighting the importance of using an agent offering Propertymark Protection which you can view here: For those who don’t know, Propertymark is an organisation that combines the ARLA, NAEA, NAVA, ICBA, APIP and NFoPP Awarding Bodies into a single brand. To be accredited by Propertymark is to offer integrity and peace of mind. What is...
In today’s market, there are many factors changing on a daily basis: prices; fees; mortgage rates. All of these affect the price you ultimately pay for your property, so it’s easy to see why some people are unsure of what to do. But indecisiveness in this market can be costly. If you’re looking to buy a property and you’re holding off on making that all important decision to buy, here are a few...