As house prices rocket, it would appear buy-to-let properties are still on clients’ wish lists but many have not thought through the realities of being landlords. Jenna Brown gauges adviser opinion on how to talk them out of taking the plunge…
Property prices have boomed during the pandemic as people continue to strive for their first home or the perfect country residence. Average house prices jumped 9.5% in the year to May, according to figures from lender Halifax, boosted by the government's stamp duty holiday and the desire for larger homes. The UK's seemingly endless love affair with homeownership is alive and well. But it doesn't end with just the one house. Advisers report client interest in the buy-to-let market is also alive and well, despite a less favourable tax regime imposed by then-Chancellor George Osborne in ...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
