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Maximize Profits in 2024: How Lower Property Prices and Increased Rents Boost Buy-to-Let Appeal
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:25:26
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Sinopsis
New Property Opportunities Falling Property Prices And Higher Rents Make Buy-to-Let More Attractive In 2024 In recent years, the landscape for buy-to-let investors and property owners has posed significant challenges, marked by soaring interest rates and escalating energy expenses. The introduction of Section 24, elimination of wear and tear allowances, heightened stamp duty, and increased regulatory measures have collectively burdened buy-to-let investors, necessitating adaptation to a shifting and demanding market environment. Property prices peaked, then fell back as interest rate rose, and this year rents have gone through the roof as demand exceeds supply. Rents have reached record highs in most parts of the UK, and of course landlords are getting the blame. Landlords have had to pass on the costs that the government have imposed on them with legislation such as section 24. The policies of the treasury and central banks have caused economic chaos, higher interest, rates, higher energy costs, and a