The seven golden rules of buy-to-let: How rental property can still be a
good investment if you do it properly
Given the new regulations, first-time investors must plan scrupulously.
We’ve drawn up seven golden rules to make sure you get the best from
buy-to-let.
5 Don’t Make A Hasty Decision
If you complete a buy-to-let purchase after April 1, it will incur an extra
3 per cent stamp duty. But many experts say high demand over the winter
means prices will become artificially high.
‘Waiting will pay dividends. The market is likely to decline when the new
rules come in with prices falling more than 3 per cent,’ says Gideon
Sumption, of Stacks Property Search.
Read full story here ( Daily Mail website)
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