‘Should I buy-to-let?’ has been an oft-asked question in recent years, but not, it’s true, in recent months. Those who know will know that I have never been a fan of property as an investment (as opposed to somewhere to live). I know, I would say that, wouldn’t I, it’s in my interest to promote the alternative of stocks and shares. However, higher tax and stamp duty rates, lack of liquidity, running costs and tenant problems have always been there. Now add, if you’re one of the two thirds of landlords with a mortgage, much higher interest rates and you can see why fewer are considering it. And yet…there’s a big and growing need for properties to (affordably) rent with security for the tenant as well as the landlord. Answers on a postcard, please.
“Cash ISA allowance could be cut this month”
Our mantra has long been ’straightforward advice that you can understand’. That can mean trying to simplify the many complex products and options with which the world of finance tries to befuddle its target audience.
