Three Ways to Cope with Losing Buy-to-Let Tax Relief

The game has changed for many buy-to-let landlords. From April 2017 the change to buy-to-let tax relief started being phased in, which could translate into a big loss of profits for many with rental properties. What can you do about it? It used to seem as if buying to let was a licence to print … Continue reading “Three Ways to Cope with Losing Buy-to-Let Tax Relief”

From student loan to your first pension and mortgage

You go to university because you want a good job and career. But what you won’t necessarily learn is how to adapt to your new life earning money and being financially responsible. Here are the top tips about work and finance that every graduate should know. There are many daunting aspects of graduating from university. … Continue reading “From student loan to your first pension and mortgage”

Buy-To-Let – Where are we now?

The buy-to-let market looks set to change in the coming years as April’s tax changes start to bite.  Buy-to-let landlords have already faced changes in Stamp Duty Land Tax in England and Wales, and Land and Buildings Transaction Tax in Scotland. New landlords, or those wanting to take on new loans, will also find themselves … Continue reading “Buy-To-Let – Where are we now?”

How your family can help you buy a home

Your parents would love to help you onto the property ladder – they just don’t have a huge lump sum to give you. Fortunately there are other ways for them to help, from guarantor mortgages to family flexible mortgages. We take you through the main options, and their pros and cons. As a first-time buyer … Continue reading “How your family can help you buy a home”

Will the Lifetime ISA help you buy your first home?

There’s a new ISA in town: the Lifetime ISA. Designed to help both first-time buyers and people saving for retirement, it’s certainly an ambitious idea – but does it deliver, and what are the drawbacks? Let’s take a look at this ISA’s finer points. If you’re a 20-something or 30-something in the UK today, you … Continue reading “Will the Lifetime ISA help you buy your first home?”

New Taxation rules on Buy-To-Let set to bite

Data from the Nationwide Building Society in November showed that the buy-to-let boom may be tailing off. Their figures show that they lent £2.8bn in the six months to September 2016, down from £2.9bn in the same period a year earlier. From April 2017, landlords could find themselves paying tax at higher rates as a … Continue reading “New Taxation rules on Buy-To-Let set to bite”

‘It’s complicated!’ – Buying a home together

Few can climb the property ladder alone, and it’s not only couples who are making the ascent. But whether you’re buying as lovebirds or just housemates, it’s vital to understand how joint ownership works – or you could find that your dream home isn’t really yours after all. Most people who buy a home will … Continue reading “‘It’s complicated!’ – Buying a home together”

Let-to-buy: the back-to-front way to your new home

Sometimes you can solve a tricky problem by turning it the other way round. If you have your eye on a new home but are struggling to sell your old one, let-to-buy can offer a potential lifeline. Find out how it works and whether it might suit you – and make yourself aware of the … Continue reading “Let-to-buy: the back-to-front way to your new home”

Why you need a mortgage buffer zone

Mortgage rates are hitting historic lows, and for homebuyers it looks like the perfect opportunity. But in your eagerness to secure your dream home, you should be wary of ‘mortgage shock’ – the danger of over-stretching yourself in the longer term. The solution? A borrowing buffer zone. The question everyone’s asking is: how low can … Continue reading “Why you need a mortgage buffer zone”