House prices dropped by the largest amount on september 2010 since records began. However, the rental market seems to be still buoyant and rental yields starting to look attractive again.
If you have owned a buy to let for some time, you could possibly have a capital gains tax problem.
The gain , combined with the recent increases in CGT could mean you might have a large tax bill to pay if you sell the property. If you need to find out more about capital gains tax on property please call us on 01454 321511.
