HYDE & ROWE COVID-19
As the situation continues to develop, Hyde and Rowe would like to assure you of our commitment to the health and safety of our clients, customers and of course, our people.
We are taking our responsibility very seriously and are following all government guidelines with a calm and measured approach. All staff have been fully briefed on their responsibility to self-isolate for the recommended time period if they are symptomatic. No one will be allowed to work, other than remotely, if there is any perceived risk.
If you or anyone attending viewings with you is symptomatic, we will not be able to take you into properties until the recommended period has lapsed and you are no longer showing symptoms. We will of course be delighted to discuss any property details via email or phone, and will book you in for viewings as soon as you’re well enough.
Please be assured we are 100% committed to keeping you moving, as long as it is safe to do so.
24th September 2019

Brexit has caused massive uncertainty amongst investors while they wait to see what happens. Therefore property demand is lower than in previous years.

Section 24 – Many Landlords are now exiting the market due to the new section 24 implications and how we are taxed. Since being introduced in it is being phased over 4 years. This essentially means being a high rate tax payer or a buy to let landlord, you will be subject to paying a lot more tax over the next few years.

So what does this mean for me..???

Property prices have been increasing for the last 10 years…however…

If prices do drop and hit complete rock bottom this means they can only go up!!!

If your buying for the long term this could be a significant investment, providing you buy in the correct area with a strong rental demand.

If your buying to flip, renovate and sell on – then you need to be careful as it might well be worth less in six or twelve months time.

Whilst it’s not a perfect time to sell it’s essentially a great time to buy.

To summarise, huge uncertainty equates to huge opportunity…

Contact Hyde & Rowe today and see how we can assist with the impact of Section 24, and enquire with us on how we can help you double your income.

Call (020) 8686 1799

Email info@hydeandrowe.co.uk

Visit http://hydeandrowe.co.uk/