Landlord’s Update

Landlord’s Update

As a landlord you may have felt somewhat under siege recently. The Treasury has been targeting the buy-to-let sector to raise revenue, making life all the harder for buy-to-let landlords and investors.

The 3% Stamp Duty increase from 1 April 2016 has placed a considerable extra burden on those entering the market for the first time as well as those wishing to expand their portfolio, though many experts predict that this rise alone will not deter investors, as the average increase in property values should cover this cost within two years.

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Sales: Woods is a trading name of Countrywide Estate Agents Limited, Registered in England Number 00789476. Registered Office Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN.
Lettings: Woods is a trading name of Countrywide Residential Lettings Limited, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Registered in England Number 02995024. Countrywide Residential Lettings Limited is a member of and covered by the ARLA Propertymark Client Money Protection Scheme. Countrywide Residential Lettings Limited is an agent and subsidiary of Countrywide Estate Agents Limited, Registered in England Number 00789476, Registered Office: Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority FRN 301684. VAT number 500 2481 05.

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