Properties for Sale and Rent in Hastings
For many buy-to-let looks an attractive income investment at a time of low rates and stockmarket volatility. But if you are considering investing in property - or improving your returns on a buy-to-let you already own - it's important to do things right.
As an income investment for those with enough money to raise a big deposit buy-to-let looks attractive, especially compared to low savings rates and stock market volatility. Meanwhile, the property market bouncing back has encouraged more investors to snap up property in the hope of its value rising.
Mortgage rates at record lows are helping buy-to-let investors make deals stack up - you could fix a mortgage for five years at just over 3 per cent at the biggest deposit level.
But beware low rates. One day they must rise and you need to know your investment can stand that test.
There is also a tax rise coming, as buy-to-let mortgage interest relief is axed and replaced with a 20 per cent tax credit.
Additionally, from April 2016 landlords will have to pay an extra 3% stamp duty on property purchases.
Rates have stuck there since 2008, but remember they will rise again.
Despite the potential for costs to rise, more tenants in the market, rising rents and improving mortgage deals have tempted investors once more.
Properties for Sale
There are more than 168,500 parcels located within the approximately 938 square miles of land in Sussex County. The Billing Division staff is responsible for the billing of taxes and other levies within the county.
Propeties for Rent
There is a number of full service rental management company for year round rentals in Sussex & Kent County. Many investment property owners don’t want the hassle or don’t have the time to...