Category: interest rates

Landlord tax changes: Are you about to be pushed up a tax bracket?

The most significant change to the way that landlords with borrowings are being taxed is introduced today. Here’s what you need to know. Who is affected? The changes will affect all landlords with finance costs associated with letting their properties, although in this blog we refer primarily to mortgage interest costs, because buy-to-let borrowing is … Continue reading Landlord tax changes: Are you about to be pushed up a tax bracket?

Who’s to blame for in-work poverty?

The Joseph Rowntree Foundation (JRF) released a study today (7 December 2016) that finds 7m Britons are in poverty despite being from working families. We received advanced sight of the report ahead of publication but decided not to provide comment to the press ahead of the morning papers on the basis we did not want … Continue reading Who’s to blame for in-work poverty?

May you live in interesting times…..

In February 2009 Gordon Brown was Prime Minister, Alistair Darling was Chancellor of the Exchequer and Mervyn King was Governor of the Bank of England. Perhaps more significantly, the Bank of England Base Rate was 1 per cent. The following month it was to drop to 0.5 per cent a historic low at which it has stayed … Continue reading May you live in interesting times…..

Rent Risk Resolve – Part two: Are you worried about rising interest rates?

Buy-to-let (BTL) is a great form of investment which can yield some good returns and is relatively low risk compared to other forms of investment.  Nonetheless there is still risk involved and it is important that that is considered. Running a lettings business is a long term project, not least because the typical mortgage is … Continue reading Rent Risk Resolve – Part two: Are you worried about rising interest rates?