Selling a Buy to Let Capital Gains Tax
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Selling a Buy to Let Capital Gains Tax Selling an investment property triggers liability based on the increase in value of the asset during ownership, minus certain costs. Where you have lived in a property as your main home , for any point of your ownership, the period is discounted when calculating […]
Buy to Let – The New Tax Rules
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Buy to Let – The New Tax Rules In the 2015 Summer Budget and Autumn Statement, the Chancellor introduced several changes that will affect anyone buying or owning a buy-to-let property in the UK. It is important that landlords understand these changes because they may affect the profitability of many buy-to-let portfolios, […]
Mortgage Credit Directive
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Mortgage Credit Directive by Ian Chambers at Hoskin Home Loans. Mortgage Credit Directive is almost upon us and as with all change people are apprehensive but also excited especially in the second charge industry as predictions are that it will be able to gain some of the remortgage markets share of business. […]
Shared ownership
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Shared ownership 10 tips to help you on your way 1) Manage your expectations, because housing associations are not charities. If you default on rent or a mortgage, your home may be repossessed. The association will not bail you out if your home falls into negative equity or if you struggle to […]
Say Goodbye to your Standard Variable Rate (SVR)
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Say Goodbye to your Standard Variable Rate (SVR) Whilst many homeowners choose to re-mortgage as they reach the end of their current deal, many still opt for the flexibility of their lender’s Standard Variable Rate (SVR). Around 3.2 million residential mortgage accounts in the UK are on a SVR scheme – that’s […]
Help to Buy ISA announced
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Help to Buy ISA announced Chancellor George Osborne was about to close his Budget address, when he announced a new scheme to help would-be first-time buyers to save for a deposit. The Help to Buy ISA allows would be buyers to save up to £200 a month, with the Government adding a […]
Interest Rates to Fix or Not To Fix
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Interest Rates to Fix or Not To Fix The proportion of borrowers opting for fixed rate mortgages fell in September despite the market expecting base rate to increase within the next year. The proportion of purchase borrowers choosing to fix fell 2 per cent from September 2013’s average of 94 per cent. […]
The Bank of England has moved to cap loan to incomes on new mortgage
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] The Bank of England has moved to cap loan to incomes on new mortgage The Bank of England has moved to cap loan to incomes on new mortgage lending in a bid to cool the housing market.
Uk House Price Date
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] Uk House Price Date UK house prices have continued to surge over recent months, fuelling well-document concerns that the market might be overheating. House prices in the UK posted an annualised increase of 8% during March, having risen by 9.2% in February. In comparison, prices in London rose by 17% over the […]
Base Rate to be Maintained at 0.5% for the 62nd Consecutive Month
[et_pb_section bb_built=”1″][et_pb_row][et_pb_column type=”4_4″][et_pb_text] The Bank of England’s monetary policy committee has once again voted to maintain the base rate at 0.5 per cent – the 62nd consecutive month of record-low rates. The last change to base rate was a 0.5 per cent reduction to its current level on 5 March 2009.