Claims Of 100% Returns Held To Be Misleading

Claims Of 100% Returns Held To Be Misleading

A property firm’s advertising claiming investors could make gains of up to 100% in 18 months on homes in London’s fashionable Docklands was declared as misleading by consumer watchdogs. The Advertising Standards Authority has order Newbuild Sales Ltd to change their...
Why The Bank Of England Wants To Control Buy To Let

Why The Bank Of England Wants To Control Buy To Let

Bank of England governor Mark Carney wants buy to let mortgage rent cover ratios to ensure landlords are safeguarded from financial risk when interest rates rise. In his latest Financial Stability Report, Carney outlines his worries about landlord borrowing and...
Proposed Stamp Duty Increase For Property Investors

Proposed Stamp Duty Increase For Property Investors

Chancellor George Osborne wants to add a 3% surcharge to stamp duty for property investors purchasing second homes or homes to rent out. The measure is aimed at catching investors who buy homes for cash and are outside the net for changes in mortgage interest relief...
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