This petition will be presented to the Government at an opportune moment to try and get some action for FTBs.
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For general information and advice on buy to let: www.arla.co.uk/ www.cml.org.uk/ www.landlords.org.uk/ www.direct.gov.uk/ www.rics.org.uk/ www.landreg.gov.uk www.homecheck.co.uk/ www.envirosearch.info/ www.inlandrevenue.gov.uk/contactus/contact-forms.htm www.hse.gov.uk/gas/domestic/gas_law.htm www.dti.gov.uk/ccp/topics1/guide/furnitureguide.pdf More buy to let advice:
Buy to let – for first time buyers and everyone l How much can you borrow? l Buy-to-let mortgages l The tax situation l The hidden costs l Finding a suitable property l Your responsibilities as a landlord l Letting agents lTenants l Furnished and unfurnished properties l Buying Property Abroad
Interest rates are low but could rise? Is this a good time to buy?
Yes No
Varialbe rate mortgages go up if bank interest rates do. Which is your preference?
Fixed Rate Variable rate
Interest only mortgages are cheaper but in the end you don't end up owning the property. Which is better?
Interest Only Repayment
House prices are waivering. Do you think this is a good time to buy?
Shared equity mortgages allow you to buy a new home with 5% deposit and an equity loan through FirstBuy. What do you think?
Too complicated Too expensive Too risky
Rent to buy allows you to peg a property price, save towards a deposit and pay reduced rent. What do you think?
Works best in a rising market Too complicated Good option