“Is buy-to-let still worth it?” Hardly a day goes by when someone doesn’t ask us that question.
For a lot of people, the answer is no. Changing lettings law and tax rules have caused many landlords to drop out and sell up, particularly if rent is their main or only source of income.
What’s your biggest fear about being a landlord? For many, it’s the prospect of getting locked in a lengthy dispute with their tenants while trying to keep their cool.
Having a letting agent who fills you with confidence is an essential part of being a landlord, whether you’re an old hand or just starting out.
Buy-to-let is undergoing a massive transformation right now. Poor-quality homes are getting squeezed out by tightening legislation, and short-term profiteering has fallen away through changing tax laws. As a result, many landlords have sold up.
If you’re considering investing in buy-to-let property in Fife, it’s important to understand the Fife property market and know what to look for in a potential investment.
Demand for rental homes rose by around 25% in 2022, and competition among tenants is hotter than ever as potential buyers wait and see what house prices will do.
Although rents are going through the roof, yields are getting higher, and there’s massive demand from tenants, many landlords are selling their rental homes. For some, it’s part of their long-term plan, but for others, it’s a reaction against changing rules and taxes.
Your tenants have moved in, you’ve protected their deposit, and the first month’s rent is in the bank. So what comes next? Continue reading FP TV (EP 130) THE LANDLORD LINGO BUSTER PART TWO: Mid-Tenancy Checks, Rent Reviews, Tax Talk, And Getting Your Property Back In Fife (Watch/Read/Listen)
Do you know your ARLA from your elbow? Or how about a GSR from the TDS? If you don’t, you’re not alone.
Just like every industry, the lettings world has its own particular lingo to master, with plenty of phrases, abbreviations and rules to keep in your head.
“Being a landlord might still pay better than a pension” – that was the arresting headline in The Telegraph that caught our attention recently. Continue reading FP TV (EP 124) BUY-TO-LET OR PENSIONS: Which Has The Profit, Freedom, And Security That’s Right For You? (Watch/Read/Listen)
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c/o 9 Mitchell Street,
Leven,
KY8 4HJ
97 Bonnygate,
Cupar
KY15 4LG
9 Mitchell Street,
Leven,
KY8 4HJ
c/o 9 Mitchell Street,
Leven,
KY8 4HJ
c/o Bitwise Group
Crescent House, Carnegie Campus
Dunfermline KY11 8GR
c/o 97 Bonnygate,
Cupar,
KY15 4LG
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