News
NE EXPO!
NE EXPO! Last week the team at Best Buy to Let (under our residential GTP Mortgage banner) attended the NE Expo at Newcastle Falcons Stadium at Kingston Park. The event is the ultimate business trade show and exhibition across the region and included over 200...
HMRC Loses Stamp Duty Case
FT Advisor reports a couple has recently won an appear against HMRC as the tax tribunal ruled the couple did not have to pay the higher stamp duty charge as the property could not be immediately lived in. The pair had purchased the property via a company...
Stamp Duty for Second Homes
Stamp duty for second homes From April 2016, Stamp Duty liability for anyone purchasing an additional property has increased. The majority of buy to let purchases attract an additional 3% stamp duty. Purchases of properties £40,000 or less are not...
Benefits of buy-to-let mortgage
Buy-to-let mortgages are mortgages specifically designed for those who are purchasing a property for the sole purpose of letting. Buy-to-let properties have become an increasingly attractive investment choice over the years, providing more stability than the alternative.
What you must know when investing in buy-to-let property
It’s easy to see why you are attracted to the buy-to-let investment. The renting market has changed with more people looking for flexible lifestyle that allows them to move around the country in pursue of the right job.
Types of Buy-To-Let Mortgage Deals
Most homeowners engage in buy-to-let mortgage deals because it enables them to easily borrow money to purchase a property and then putting them out on a highly profitable rent.
Guide to buy to let mortgages
Are you considering diversifying your income through a buy to let purchase? If so, one of the most important things to consider is what the best strategy to repay the loan. Currently, there are two main options. Interest only buy to let mortgages and repayment mortgage.
