The last few years have heralded numerous changes in buy-to-let, from regulatory to taxation for both domestic and Expat investors. Further impending changes Continue reading Is Vanilla buy-to-let dead for Expats?Tags: Buy to let, HMO, PDR, Risk & Reward, tax
Populist or Protectionist? Demand dampener or driver?
The latest UK HMRC consultation about levying a stamp duty surcharge on non-UK resident investors, potentially affecting Expats and Foreign national buyers alike, comes on top of Continue reading Expats take note of latest UK Property consultationTags: Buy to let, Expats, investment property, tax
Over a decade ago Eastern Europe was seen as a cheap alternative to the more expensive Western European countries. Bulgarian coastal homes were seized upon as a cheap alternative to the Spanish Costas. Continue reading Are you investing strategically during Brexit?Tags: BREXIT, investment property, Mortgage loan, Overseas finance, Risk & Reward, tax
Whilst some of c.1.75m landlords in the UK waited with baited breath in November to hear if Philip Hammond was going to undo the ‘Osborne legacy’ of Residential property taxes, others girded their loins to act, given the 5th of April is just around the corner, when the tax changes start to kick in. Others remained none-the-wiser and have not really thought things through.
Which type of investor are you?
During a recent seminar I ran with other property and tax experts, it became apparent that not only will taxation be heavier for Private Rented Sector (PRS) landlords, but also cashflow can be affected too. This is not a straight forward tax calculation and it can have unintended consequences.
For one, a lower rate tax payer can be drawn into a higher rate tax bracket without realising it.
Whilst some landlords have already acted and have set up a Limited Company, as a vehicle for making further investments, this isn’t always the right solution for everyone and indeed, doesn’t mitigate all of the tax changes.
Other investors have started selling some of their property portfolio or begun paying down mortgages, or simply decided to bite the bullet and pay more tax.
There are more complex structures that exist, hybrid-type schemes taking elements from the Limited Company set-up and aspects of the Limited Liability Partnership vehicles, which sound highly attractive, but tend to be more appropriate for those planning to expand their portfolios in a big way in the future, given the high costs associated with such a complex structure.
There are other more simple solutions too. To find what might be the best solution for you please get in touch for a low key discussion email@example.com
Louise Reynolds, Director of award-winning European property investment firm Property Venture®
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Property Venture® is an award-winning, European Investment property company who helps build portfolios and the purchase of holiday homes in Europe, with common-sense advice.
The focus is mainly greater Europe: UK investment property, Managed Property in France, German property investment, buy-to-let and homes in Poland, Spanish city and Costa property, Cypriot homes
On the Advisory Board and a Member of the Association of International Property Professionals (AIPP) the business has been vetted, approved and voluntarily commits to Industry Regulation and the Professional Code of Conduct. We are known for our quality customer service and non-pressurised approach to sales. Take a look at what our clients sayTags: Buy to let, European property, investment property, tax
The reduction in mortgage interest tax relief may already be starting to make it more difficult for investors to get mortgages, as some lenders increase Continue reading UK Buy-to-let investing has been getting harder, but what’s the answer?Tags: Buy to let, foreign buy-to-let, investment property, Risk & Reward, tax