It’s fair to say that the property market has seen some ups and downs this year .... perhaps more than in anyone’s living memory. The year started with a buoyant market, rising on the back of the General Election result and then an interest rate cut. Then Covid-19 not just affected the property market but completely halted it. The market got moving again with enthusiasm in May and then the recent Stamp Duty holiday scheme added yet another twist.
Low interest rates and now the Stamp Duty holiday have helped to make buy to let look a little more attractive again, with some investors feeling that now could be a good time to add to their buy to let portfolio. With that in mind we’ll look at what makes the very best buy for a buy to let property.
Announcements of measures to support the economy following Covid-19 are coming thick and fast from the Government at the moment. One recent announcement, made by Prime Minister Boris Johnson last week, announced reforms to the planning system. In this post we will look at what these proposals could mean for the housing market