Edinburgh has always offered high returns on buy-to-let investments with properties surrounding Holyrood Park in Edinburgh some of the best in Britain to buy-to-let. Due to new students arriving in the city year after year, an increase in business investment, and an ever-thriving tourist trade, there's no shortage of tenants for landlords to choose from in Edinburgh.
However, this could change with a recent report showing that 60% of landlords saw an increase in their 2017-18 tax bill due to changes in legislation and tax measures.
Some of the key areas impacting on landlords are:
The buy-to-let market has become more challenging for investors, however property investment does remain a common investment for many individuals and if planned correctly it can reap benefits.
McDougall McQueen advise a number of portfolio landlord clients on their property purchases and can advise on the best structures to do so.
29 May 2019