Surveyors warn of property spree

-
New pension rules could prompt investors to embark on a £24bn spending spree on buy-to-lets and second homes, according to a respected property organisation.

The Royal Institution of Chartered Surveyors' predictions will fuel the debate over a new tax break that will allow well-off individuals to buy residential property at a fraction of its real cost. From April, holders of self-invested personal pensions (Sipps) can spend their pension pots on buy-to-let and holiday homes tax-free.

More here.

Comments

Post a Comment

Popular posts from this blog

Never a Better Time to Buy Abroad

-
Image
Buying properties abroad can be nerve-wracking, especially in today’s economic climate. The fact that you will be dealing with a wholly different market from the UK, and you have little interaction or immersion with different areas, can make selecting and committing money to a property incredibly daunting. Now is the best time to start considering making an investment in holiday property though. The Great British Pound is slowly growing in strength against the Euro, in fact buyers can expect to buy 25% more Euros per pound than they could three years ago, when the exchange rate was almost equal. It means that you get a lot more for your money. This is coupled with a housing crash in many European countries. Spain in particular is a hotspot for those looking to purchase a holiday home. Due to the severe economic downturn in the country, house prices have plummeted, with some Spanish banks offering some properties discounted up to 70% against their 2008 price. Head of Savills
Read more

3 ways to make your guests book again next year

-
Image
For anyone renting out a property short term, there are a few things that make life easier and less stressful. And the way you can make this happen is by going the extra mile for your guests, to make sure their stay is as convenient as possible. So as well as making sure the basics like cleaning are sorted, you can add to their experience by adding a few special touches, all of which will more than pay for itself if it means the guests come back next year.  
Read more