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Woodhouse Property Consultants
Estate Agents, Letting Agents, Commercial and Development Advisers
𝗣𝗿𝗼𝘀 𝗮𝗻𝗱 𝗖𝗼𝗻𝘀 𝗼𝗳 𝗢𝘄𝗻𝗶𝗻𝗴 𝗕𝘂𝘆-𝘁𝗼-𝗟𝗲𝘁𝘀 𝗧𝗵𝗿𝗼𝘂𝗴𝗵 𝗮 𝗖𝗼𝗺𝗽𝗮𝗻𝘆![]()
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Here’s what landlords need to know about owning property through a limited company.![]()
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𝗣𝗿𝗼𝘀![]()
◾ Limited companies can claim all mortgage interest as an allowable expense. (This is more favourable than what individual landlords can claim.)![]()
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◾ Limited companies pay lower rates of corporation tax on their profits compared to landlords who are higher or additional rate income taxpayers. ![]()
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𝗖𝗼𝗻𝘀![]()
◾ It may be more difficult and costly to get a mortgage.![]()
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◾ The administrative burden is greater – and may incur more costs.![]()
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◾ If you transfer existing properties into a limited company, you’ll pay Stamp Duty and possibly personal Capital Gains Tax on the sale.![]()
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𝗧𝗶𝗽![]()
Speak to a tax expert before buying property through a limited company.![]()
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𝗞𝗻𝗼𝘄 𝗮 𝗹𝗮𝗻𝗱𝗹𝗼𝗿𝗱 𝘄𝗵𝗼 𝗺𝗶𝗴𝗵𝘁 𝗳𝗶𝗻𝗱 𝘁𝗵𝗶𝘀 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝘂𝘀𝗲𝗳𝘂𝗹? 𝗦𝗵𝗮𝗿𝗲 𝗶𝘁 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲𝗺.![]()
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This article does not constitute financial advice.
Base Rate Drops and More Cuts Could Be on the Way![]()
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Today, the Bank of England (BoE) cut the base interest rate to 4.25%, delivering a boost for borrowers.![]()
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The quarter-point rate cut is the second of 2025, with more expected to follow later this year.![]()
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Looking forward![]()
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Financial forecasters predict interest rates will continue to fall due to several deflationary factors.![]()
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The first is the falling price of oil (it’s currently at a four-year low).![]()
Then there’s Trump’s tariff war. This could see China re-route goods to other consumer markets, such as the UK, further pushing down prices here. (Although let’s face it, no one’s really sure what the final shape of this policy will be.)![]()
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Morgan Stanley predicts the base rate could hit 3.25% by the end of 2025 and reach 2.75% by mid-2026.![]()
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Impact on mortgage rates![]()
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The BoE base rate influences the interest rate banks and building societies offer savers and borrowers.![]()
So, while today’s decision won’t be music to the ears of savers, it’s a different story for mortgage holders or those looking to buy property.![]()
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Those on tracker rates should immediately notice the difference in their monthly payments.![]()
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Homeowners on fixed rates will benefit from lower rates when they come to renew their deal.![]()
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And people planning to invest in property should be able to negotiate a more affordable mortgage.![]()
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Acting in anticipation of today’s cut, HSBC dropped its rates last week so that all its products now fall below 5% for the first time since 2022.![]()
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Buyers with substantial deposits may be able to secure a deal at below 4%.![]()
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Market activity![]()
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In general, lower interest rates boost activity in the property sector.![]()
It makes borrowing more affordable for buyers, increasing the number of players in the market. This, in turn, means a larger pool of potential buyers for sellers to choose from, driving up competition (and often value).![]()
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If you’re looking to buy or sell in the coming months, contact us. We’re here to help.![]()
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🏡👍PROPERTY OF THE DAY! 👇 ![]()
📍 Manorcroft Parade, College Road, Cheshunt, EN8![]()
🏠 2 Bedroom, Apartment. £259,000![]()
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◾ 2 x Flats![]()
◾ Current total rent of £1900pcm inclusive of bills![]()
◾ Studio Flat & a 1-Bedroom Flat![]()
◾ Allocated Parking![]()
◾ Walking Distance to Cheshunt BR Station![]()
◾ Centrally Located Above Shops![]()
◾ Multiple Shopping Facilities![]()
◾ Fast Service to Tottenham Hale & Liverpool Street BR Station![]()
◾ Call Woodhouse today![]()
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For more information please visit our website or contact us via:![]()
📞 | 01992 637777 ![]()
✉ | [email protected]![]()
🌎 | www.woodhouseproperty.co.uk![]()
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INTERESTED? CONTACT US TODAY FOR YOUR FREE HOME VALUATION![]()
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🏡 Providing you and your home with the dedicated, expert service you deserve🏡![]()
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Let our in-depth knowledge of the Cheshunt, Broxbourne, Goffs Oak & Cuffley property markets work for you.![]()
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Discover why we’re the leading local agents – book your free consultation today. 01992 637777![]()
🖥 | rightmove.co.uk/properties/149798564#/?channel=RES_BUY
New to the market, a 2 bed Apartment on Grandmill Place in High Street available for £1,300 PCM.![]()
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Available beginning of June ** 2 Bedrooms ** 2 Bathrooms ** Allocated parking ** Modern Apartment **Walking distance to Cheshunt Station ** High Street shops & eateries nearby ** Close to the A10 & M25 ** Please email in your interest ![]()
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Call us on 01992 637777 to book a viewing.
New to the market, a bed Block of Apartments on Turners Hill in Cheshunt available for £650,000.![]()
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Investment Opportunity ** A collection of 4 x Flats ** All with AST tenancies ** Current income £3500pcm (42k per annum) **By the shops & eateries of the ‘Old Pond’ / High Street / Brookfield Centre ** Walking distance to Cheshunt Station (Liverpool St 20 mins / Oxford Circus 40 mins) ** Close to A10 & M25 ![]()
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Call us on 01992 637777 to book a viewing or email us at [email protected].