Our Tips For Buy-To-Let
There are many reasons as to how you might have become a landlord. You may have inherited the house from a family member or perhaps you have paid off your mortgage and decided to let out your former home. If this is the case, it is important that you are aware that from 1 April 2016 you will need to pay an extra 3% Stamp Duty Land Tax (SDLT) charge when you acquire a second home without disposing of the first property.
To make sure you are aware of all the advantages and disadvantages of letting out residential property in the UK (including furnished holiday accommodation) we have put together a brief guide.
(Please note: we do not cover the letting of commercial properties in this guide but we are happy to advise on that area of investment on an individual basis.)