Property News Updating you with the latest happenings in the property market.

?If you’re a landlord, or thinking of becoming one in 2021, you need to be aware of capital gains tax.?

Capital gains tax is what you pay when you sell something for more than the original price you paid for it. Capital gains tax is usually due when you sell something and make a profit on it.The tax is due on the gain , which is the difference between what you paid for something and what you sell ...

?What is a mortgage agreement in principle?

An agreement in principle sees a lender state what they might be prepared to loan you based on specific information you supply.Providing certain information to the lender, including details on income, will enable them to decide if you are 'mortgageable' and for how much.When requesting an agreeme...

Is property a good investment?

1 Currently there is a high demand / low supply ratio for rental properties in the UK 2 Interest rates remain low 3 Stamp duty cuts What should I look for when buying an investment property? 1 Location Where your investment property is will go a long way to determining how successful it is...

Selling a house in 2021?

Next summer might seem like a long time away. But if you re aiming to be in your new home in time to enjoy those warm, light evenings and you have a property to sell, now is the time to start thinking seriously about that move and even putting your current property on the market. 2020 hasn t bee...

Dos & Don'ts of renting a property

DO 1. Pay your rent on time It sounds obvious but paying your rent in full and one time is the most important responsibility you will have when renting. Your landlord could evict you if you fail to pay your rent as you will be breaking the terms of your tenancy agreement. Paying your rent on ...

Should I sell or rent my house? The pros and cons

Selling or renting your house As we outlined above, it may be that you simply have no choice and have to rent out your home. According to research, as many as 30% of landlords in the UK can be classed as accidental labelled so because the decision to rent out their property was forced on the...