New Sipp rules and the housing market

-
Allowing residential property to be held as part of a self-invested personal pension is unlikely to alter the buy-to-let market, claims Landlord Mortgages.
"A relatively small proportion of the population will take advantage of the new rules after ‘A’ Day simply because it is too costly".

Legislation that comes into effect after 6 April allows a consumer to use their pension fund to purchase a buy-to-let property with the added advantage of being able to borrow up to an additional 50% from their pension fund to do so.

Read more.

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