: Archive - April 2017
From 6th April 2017, all landlords have to do their accounts in a very different way. For some, this is likely to result in substantially higher tax bills than seen in previous years.Read on
There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.