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Education, Education, Education...

Ask ten people what they know about mortgages and you get eleven different answers... At least that's our experience which is why Find My Mortgage is based on two things. Of course we work hard to find the right mortgage for our clients but we also work extremely hard to educate them (and anyone else who will listen for that matter) about mortgages in general and the process they are going to go through in particular. And education means different things to different people... Our long standing landlords who are adding another property to their portfolio probably don't need us to explain the ins and outs of the house buying process.  They're probably more interested in changes to the law or tax rates since they last made a purchase. First Time Buyers on the other hand need to know the process they are about to follow and what's going to be required at each step. They probably also need to have a conversation early in the process about how much this whole thi
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Big Changes to Property Tax – what do the new rules and rates mean?

It’s fair to say that there have been a lot of changes to tax rules relating to rental properties.  In fact, tax has been quoted as the single major reason for landlords quitting the market. In fact, there have been so many changes that we thought we’d take a few minutes to review the landscape in terms of tax and what might be coming next for the Private Rented Sector. Starting from the very beginning, for landlords looking to enter the market by buying second properties (rather than those who have become accidental landlords through, say, inheritance) there is the Land and Building Transaction Tax (LBTT) – a 3% levy on the purchase of second homes. Originally designed to increase the amount of housing stock available for new buyers by discouraging landlords buying additional properties, the jury is still very much out on whether the LBTT is having the desired effect of increasing the number of properties available for owner occupiers. What about tax on rental incomes
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