Are there property taxes in UK?

There are two forms of property tax in the UK. When you buy a property in the UK over a certain threshold you must pay Stamp Duty Land Tax (SDLT). SDLT only applies to residential properties valued more than £125,000, or to non-residential land and properties bought for more than £150,000. Does the UK have …

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How important is a real property report?

A current RPR allows everyone involved to know if there are any issues with encroachment, easements or non-compliance with municipal bylaws. A current, compliant RPR allows sellers to: meet the requirement of some seller representation agreements and purchase contracts. Why do you need a real property report? A lender needs real property reports. If a …

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Is it a good time to buy an investment property 2021?

Is property still a good investment 2021? Buy-to-let property investment is still profitable in 2021. Management of rental properties and taxes have been changed and made investing slightly more complicated. However, there are ways to adapt to these changes. And with a long-term strategy, investors can earn profitable incomes in the short and long-term. What …

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