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Do you have a property rented out and are considering selling it? Are you wondering whether this is even possible or how to go about relieving yourself of the duties of being a landlord? Read this article to find out.
The graphic illustrates the staggering percentage increases in house prices across various regions of the UK over the last 50 years. The data, sourced from Land Registry, Denton House Research and Nationwide, sheds light on how each part of the UK has seen unprecedented growth.
New Stamp Duty Increase: Another Hurdle for Attleborough Landlords – But Is It Really a Game-Changer
The government announced an increase in stamp duty for second home purchases. Buyers of additional properties, including buy-to-let investments and holiday homes, will face a higher rate of stamp duty compared to primary residences.
If you’ve ever considered selling your Attleborough home, you may have felt the temptation to list it at a higher price, hoping for a bigger payday. After all, who wouldn’t want to maximise the return on their largest tax-free investment?