PMA Latest News
Viewing entries posted in 2016
In his first Autumn Statement, Chancellor of the Exchequer Philip Hammond announced his intention to ban letting agents in England from charging fees to tenants.
Listen to Mark's story of how he became a successful property investor
PMA’s Mark Lloyd recently took part in a podcast to discuss his personal journey into property investment. In the interview, Mark shares some valuable insights and explains how he ended up as a property trainer.
Annual percentage rate (APR)
APR takes into account the interest rate of your loan, repayment arrangements and other associated fees to give you an indication of the overall cost of the loan. The lower the APR, the better the deal.
When it comes to looking at property investment locations, it’s important to consider that landlords make money in two ways:
This year, the entire property market has been hit by uncertainty due to the EU Referendum.
Buildings and contents insurance is a necessity for any homeowner, but for landlords there are additional factors to take into consideration. That’s where landlord insurance comes in.
For many property investors, a significant benefit of buying a property at an auction is that it enables them to avoid the usual house buying chain. The result of bypassing this traditional route can be considerable time and cost savings.
Once you’ve found the perfect property, it’s time to find the perfect tenants. There are a number of ways to go about this – and it’s worth bearing in mind that taking the right approach now could save you a whole lot of stress later on.
With interest rates dropping even further, the income generated from savings accounts nowadays is next to nothing. So where do you turn if you’re looking to maximise return on your investments?
What is the ‘Tenant Tax’?
Section 24 of the Finance (No. 2) Act 2015 aims to remove a landlord’s ability to deduct from taxable income their finance costs related to residential property – it’s been dubbed the ‘Tenant Tax’. Instead, this relief will be replaced with a tax reduction, equivalent to the basic rate of income tax.