Is Now A Good Time To Buy-To-Let?
Is Now A Good Time To Buy-To-Let?
Expanding your property portfolio can help increase your financial security but is now a good time to buy-to-let?
As house prices start to fall and rents rise across the UK, 2023 may look like a good year to get your foot on the investment property ladder. However, making that decision is far from straightforward.
While a buy-to-let investment strategy can provide you with a regular rental income, it also comes with additional costs and responsibilities.
Recent economic factors such as soaring mortgage rates and reduced tax relief could also negatively impact your profits as a landlord, so it's essential to weigh up your options carefully. In this latest Active Practice Update we discuss the pros and cons of investing in buy-to-let in 2023. apu-may23-buy-to-let
If you would like to discuss in more detail any of the issues raised in this article with a member of our team, please call 01772 741200.