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If you’re considering becoming a landlord, there are many elements to consider and understand before you purchase a property. The process of buying a buy-to-let property differs compared to buying a residential property that you will live in yourself, so it’s good to know what exactly to expect. Of course, it’s a long-term investment that shouldn’t be made in haste, so if you’re reading this, you are probably looking for the right kind of information.
Our team at Huddersfield Sales & Lettings are experts in buy-to-let advice, so here is our straight forward guide to purchasing a buy-to-let property in Huddersfield.
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Waiting to move house in Huddersfield until the government has relaxed all the lockdown measures? You’re in the right place. Lay the groundwork now and you can get ahead of the game to complete your transaction as soon as the lockdown is fully lifted.
Here are some of the things Huddersfield Sales & Lettings recommend you do in the meantime to get yourself transaction ready post-lockdown:
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There has been much excitement here at Huddersfield Sales & Lettings following the Chancellor’s announcement that stamp duty has been abolished for properties under £500,000 in England and Northern Ireland.
This is excellent news for the property market in Huddersfield, so we wanted to update you on everything you need to know if you are thinking of purchasing a property in Huddersfield.
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Out of the many purchases you make in your life, your home is likely to be the most expensive and important, but it’s not just the purchase price of the property that you need to consider and take into account. When you purchase your new home in Huddersfield, you’ll have fees and other costs associated with a new property to take into consideration. Make sure you budget and plan well so that you don’t end up with a nasty surprise i.e. bill at the end!
If you are looking to buy a home in Huddersfield, do make sure you take into account all the accompanying fees with your purchase. To help you, we’ve created this handy guide to the most common fees.
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Becoming a landlord for the first time is an exciting venture, with not only the opportunity to bring in some additional income but also the chance to expand your portfolio further providing individuals with the opportunity to start up your own property business.
However, this can be tricky as it is not always known where to start once you have invested in your first property and you don’t want to be making too many costly mistakes.
Fortunately, you can avoid the most common landlord pitfalls by simply following our seven essential tips for new landlords.