Mortgages are probably the area that get asked about the most in The Property Hub. Which isn’t a surprise because it’s such an important part of property investment. We’re famously bullish about leverage, and there’s a lot to take into account when making decisions about the lending you plan to use to expand your portfolio.
In this episode we talked about lots of things you need to know about mortgages. It’s a packed episode, so take a listen with a pen at the ready!
We don’t often reference HMRC in a positive way, but they’ve put together an eLearning resource for property investors which is really pretty good.
It’s aimed at people who have just started renting out a property. It takes you through all the basics of how your tax obligations and reliefs work in a more exciting way. Rather than just trawling through the official guidance. It’s basic, but could be useful if you’re just starting out.
For more experienced investors, we’ve got our own tax course too – giving you lots of tips that HMRC certainly wouldn’t draw your attention to. All of which could legitimately save you a lot of money on your tax bill. It’s free to Property Hub Plus members, and available to buy as a standalone product for everyone else.
In the news this week, politicians have a lot to say about “runaway rents” at the moment, and the measures they would put in place to curb the obscene profits that we landlords are making.
But hang on…according to a survey by LSL Property Services, the average rent has only increased by £5 in the last year. And since January 2010, rents have actually fallen in real terms.
There’s a lot more analysis in the original article, so it’s well worth having a read.
Join the conversation!
Where do you stand on mortgage debates like interest-only versus repayment, or fixed versus variable?
What do you think the future holds for mortgage rates and availability?
We’ve got a dedicated thread for this episode, so join the discussion in The Property Hub!
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