The Buy to Let market has come back with a massive bang. Landlords and Buy to Let Investors will immediately benefit from the Chancellor’s Stamp Duty Holiday which was announced and went live on 8th July 2020. Any purchaser who already owns a property will be able to buy additional properties up to £500,000 with only a 3% Stamp Duty rate being payable. This is a fantastic opportunity for first time round Landlord’s entering the market place and for seasoned Landlord’s to increase their portfolio number.
With rents payable now achieving the highest prices for a long time and with bank mortgage rates being as low as 1.2%, buying for investment has never been better.
Contact Jacobs & Hunt Property Management on 01730 262744 or properties@jacobsHunt.co.uk for further information.