Selling a Buy to Let investment? Reliable accurate legal costs planner together with Solicitor find.

Selling a Buy to Let

Property Investment has paved the way over many years as a robust income stream. However with the recent changes in Stamp Duty Land Tax for additional properties and the forth coming tax changes many Investors simply cannot continue with their plan. Building up a portfolio of say 10 properties takes time. Now its harder to make that move.

2017 Property Investor Sales

We will see an influx of properties being sold by Investors in 2017. Some Investors may have purchased a property under market value. With the demand of housing in short supply, Investors will take advantage of the situation and focus on the capital gains. Selling their Buy to Let. First Time Buyers will be buying what was rental property in 2017. Investors can compare sale Conveyancers near me fees using our sale buy to let conveyance calculator.

UK Government

Property Investor confidence is low and to get it back on track will take a considerable amount of time. In just 8 months since the April 2016 Stamp Duty changes we have seen a drop of Buy to Let purchases. On the other hand we have seen an increase in Investors selling their Buy to Let properties.

You can now get favourable returns from Peer to Peer lending. Some Peer to Peer Lenders are property focused, providing the Lender with some security should the investment fail. It won't be long before the Peer to Peer Lenders support their Investors by having Business Angels that can be parachuted in to under performing businesses. Supporting business and thus supporting Investors will pay dividends.

Buying a House 

In the UK buying a house has always been a big decision and First Time Buyers look for New Build property where they can take advantage of a quick purchase and aim to include new white goods and flooring within their agreed purchase price. It makes sense to buy your first property in a location where rental demand is high. If you come unstuck or you have to relocate, then renting out your first home is a welcomed safety net.

Please note that if your are buying a property with the help of Mum and Dad and you plan to add their names on the deeds, that the higher Stamp Duty rate will be applicable. Your Mum and Dad will be effectively buying an additional property. Take advice from your Solicitor in this situation. Hopefully the UK Government will put a clause in shortly where the higher SDLT isn't applicable if First Time Buyers are being supported by family or friends.

Remortgaging your Home or Buy to Let

Low Interest rates in 2016. Some Homebuyers and Investors have decided to remortgage their property. The Homebuyer panel supports many fast remortgage conveyance applications. Literally taking typically just 4 weeks. A simple check online, comparing remortgage conveyancing fees will support the need to get moving. We provide a low cost remortgage conveyancing, value for money service for residential homes and Buy to Let.

Best Conveyancing Solicitors 

Compare Solicitors for your residential property transaction. Filter your conveyance results by price, location and by Mortgage Lender. Get to grips with your forth coming legals. Plan your cash flow and use key fixed fee professionals. We provide access to the national Homebuyer panel and without entering any personal details you can find out your total legal costs including your Stamp Duty Land Tax.

Competitive quotes, accurate pricing, reliable Property Solicitors all in one search.

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