The Summer Budget was overshadowed by the tax relief changes affecting landlords. However, one other notable change to residential lettings included the scrapping of the ‘wear and tear’ tax relief.
Love your rented property but wish it was a bit more ‘green’? We don’t mean in terms of colour, but rather eco-wise. Granted because the property belongs to someone else you won’t be looking to install expensive measures such as a wood burner or upgrade the heating system.
Buy-to-let property investment has always been a popular choice for those who would rather have tangible-real world assets that they can control and preserve themselves than shares in an unpredictable stock market. However, no investment is fool-proof, and you need to work to build and protect your buy-to-let nest egg. The following tips may help you do just that.
Maybe you’re moving in with your other half, or maybe you can afford to get a new place without selling the old one. Whatever the reason, letting out your flat can be a great way to boost your income, but there are a few things worth knowing before you take the plunge and become a Landlord.