If you were considering buying your first or a subsequent
buy to let property then you will need to move quickly to avoid paying the 3% surcharge, all new purchases need to be completed by the March 31.
The guide states that
buy to let is a medium to long-term investment, typically 15 to 20 years, and it is an investment that takes account of both capital appreciation and rental income.
The landlords were asked the size of their
Buy to Let portfolios.
Without
buy to let and a stable rental market, young households would be forced to enter owner-occupation earlier, at a more financially precarious time of their lives.
This assessment was presented in a commissioned report,
Buy to Let, The Revolution - 10 Years On.
AFTER the creation of assured shorthold tenancies which gave new powers to landlords, the
buy to let boom triggered a major new supply of mortgage finance from 1996: there are some 473,000
buy to let loans outstanding today after a pounds 46bn boom in investor mortgages.
Mr Jordan highlighted the various applications for
buy to let. "There is the traditional buy-to-let property bought for letti-ng to a private rented-sector tenant.
INVESTMENT IN the
Buy to Let market is set to grow seven per cent in the second half of 2005 as shrewd investors prepare to take advantage of changes to pension legislation which come into effect in April.
The second edition of the ARLA/CML Guide to
Buy to Let coincides with the publication of a Which?
A year ago, Paragon Mortgages' Landlord
Buy to Let Trends survey showed the average landlord owning 11.3 rental properties.
It shows that two thirds have already been landlords for more than three years, three quarters own more than one property, and that 86 per cent expect to maintain or increase their
Buy to Let portfolio in the next 12 months.
REAFFIRMING the facts about true
Buy to Let, the Association of Residential Letting Agents, ARLA, and the ARLA Panel of Mortgage Lenders believe some of the public are at risk of being sidetracked into property purchases that are improperly linked to
Buy to Let.