Showing posts with label Property. Show all posts

National Park properties still command a price premium

Landlord Insurance News

Many home owners in the UK are still searching for a property in an idyllic green setting, according to new research. The average sale price for a detached house within a National Park or Area of Outstanding Natural Beauty (AONBs) is £450,000, analysis from Savills has revealed. On the other hand, the value of a property in the same county but not in the park or AONB is an average of £347,000.

Do You Need Non-Standard Property Insurance?

Do you live in an unusual property, such as a treehouse (or mansion!) a converted barn or a home with a thatched roof? If so, you will not be eligible for the typical kind of home insurance and you will need to consider other alternatives.   If you live in a non-traditional property you might find it very difficult to get house insurance at a reasonable price. It can be even worse if you have already been turned down for …

Tax Tips for Landlords

What tax will I Pay when I buy the property? When you purchase a property, you must pay ‘Stamp Duty’ Land Tax. The amount of tax you pay is calculated as a percentage of the value of the property. The rates at the moment are: Properties worth less than £125,000 are tax-exempt. Properties worth between £125,001 and £250,000 are taxed at 1%. Properties worth between £250,001 and £500,000 are taxed at 3%. Properties worth between £500,001 and £1m are taxed …

How Will Scottish Independence Impact the Housing Market?

There has been a lot of uncertainty recently about whether or not Scotland will remain part of the United Kingdom following the Referendum on the 18th of September this year. Many people are wondering what kind of impact this decision will have on the residential housing market. The Independence Debate is becoming quite a concern for some home buyers and sellers. One of the main concerns is that as the property market in Scotland recovers from the economic downturn that …