SELLING YOUR BUY-TO-LET?
Tax changes to the treatment of mortgage interest from April '17 are set to make residential investment more challenging for private landlords. Coupled with the doubling of stamp duty on second homes, investors may conclude that this government is no longer on the side of small property investors.
With the biggest portfolio of holiday-letting properties in Poole, and an extensive residential letting base, Quay is expertly placed to advise you if the time has come to take profits on your letting portfolio. Alternatively, residential investors may wish to consider moving to holiday letting, which is still a business for tax purposes so continues to deduct mortgage interest as a cost before tax.
We can sell your investment properties either vacant or let, and we have buyers waiting. We are full members of the NAEA and Regulated by RICS, so you can rest assured that you are dealing with qualified property professionals. Alternatively, if you would like to know whether your property could be suitable for holiday-letting, do call our team for a no-obligation chat on 01202 683444