One in five private renters spend more than half their gross salary on rent, according to data published by tenant referral service Canopy. With approximately 11.6 million people renting privately …
buytolet
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Should we keep my girlfriend’s flat as an investment? We’re worried about high tax bills
by Elijahby ElijahI am concerned about the government’s plans to double council tax on second homes. My girlfriend and I both have a one bed apartment separately. We are ready to take …
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How much does renting cost near you? Use our interactive tool to find out as rents climb 9% in a year
by Elijahby ElijahUse the ONS interactive map to find out average rental costs in your area Struggling with rising rental costs? E-mail jane.denton@mailonline.co.uk By Jane Denton Update: 11:04 a.m. EDT, March 21, …
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The buy-to-let we bought in 2007 is still in negative equity: How do we get out? DAVID HOLLINGWORTH replies
by Elijahby ElijahMy wife and I purchased a rental property in 2007 and it turned out to be the worst financial decision of our lives. We bought it for £155,000 with a …
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Most homeowners will pay more capital gains tax on sale, despite ‘reduction’ announced in Budget
by Elijahby ElijahHomeowners who sell are likely to face a higher tax bill than two years ago, despite the reduction in the rate of capital gains tax on the sale of second …
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Buy-to-let homeowners planning to sell have today received a tax cut from the Chancellor. In the Budget, Jeremy Hunt announced that the rate of capital gains tax (CGT) applied to …
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Should I get a buy-to-let mortgage on my flat in order to buy my next home? DAVID HOLLINGWORTH replies
by Elijahby ElijahI currently own a small one-bedroom apartment worth £92,000 in Manchester. I moved in and rented it for £650 a month, less a £75 maintenance fee and £55 a month …
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Buy-to-let investors are experiencing mixed results at times. On the one hand, they are fighting high interest rates and inflation, which are driving up the costs of homeownership. On the …
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Rents fall for third month in a row across the UK – and London prices drop 5%: Here’s why
by Elijahby ElijahAfter three years of double-digit rent increases, the rental market finally appears to be cooling. Rental prices in the UK have fallen for the third month in a row, according …