Article Author Mark

The Stamp Duty “holiday” explained for Wales (or Land Transaction Tax Break)

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Rishi Sunak recently announced his plans for a stamp duty “holiday” to help rebuild the nation’s economy after lockdown, as a temporary measure intended to stimulate the housing market, in parallel with this the Welsh Government has announced a break on the tax paid on house sales for homes worth less than £250,000 until March 31, 2021 (this change in the rules will not apply to second homes or buy to let properties).  Wales refers to the land tax…

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Article Author Mark

Market Rental Assessments

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Perhaps you’ve bought your first investment property and you’re getting ready to start casting the net for your first tenant. Or perhaps you already have a tenant installed in your property but you’re not sure if the rent they’re paying is realistic in line with the current market value of the property. When your rent is too low, you may find that your profit margin suffers after you’ve paid the mortgage, service charges (if it’s an apartment or other…

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