If you’re a property investor, you’ll know that investing in buy-to-let means you’ll face additional costs in respect of property taxes, be it Land & Building Transaction Tax (LBTT) for Scotland or Stamp Duty Land Tax (SDLT) for the rest of the UK.
Despite the challenges faced by the private rented sector (PRS) over the past couple of years, Scotland’s largest cities appear to be bucking the trend by demonstrating very positive buy-to-let performance.
We are big fans of buying (and selling) tenanted property, but like all things in life there can be upsides and downsides.
If you speak to landlords about why they chose to become a landlord, one of the answers you’ll often get is that they welcomed the opportunity to help provide a home for a family.