As we go headlong into 2018, I believe UK interest rates will stay low, even with the additional 0.25% increase that is expected in May or June. That rise will add just over £20 to the typical £160,000 tracker mortgage, although with 57.1% of all borrowers on fixed rates, it will probably go undetected by most buy-to-let landlords and homeowners. I forecast that we won’t see any more interest rate rises due to the fragile...
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I was recently reading a report by the Home website which suggested that hordes of landlords are selling their buy-to-let investments due to increasing burdens on them in the buy-to-let market. Their findings suggest the number of new properties that came onto the market nationally (for sale) jumped by 11% across the UK as a result. Those increasing burdens include new tax rules coming in over the next 3 to 4 years and the announcement that...
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This 1 bedroom apartment seems a good buy to let investment. Located near Hitchin’s mainline train station and a short walk to the town centre, it would be ideal for the single/professional tenant market and comes with allocated parking. On the market for £159,950, it may need freshening up and upgrading the kitchen to make it more appealing. It has double glazing and appears well presented otherwise. http://www.rightmove.co.uk/property-for-sale/property-49177623.html This type of property would probably rent in...
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