10 Facts About Renting In Europe You Will Be Shocked By
Renting in Europe is usually more complicated than in other countries: to rent an apartment, you need to pay a deposit and provide a reference letter from your previous landlord or an employer. Apartments may be rented out not only without furniture but also without flooring, while landlords may restrict the number of guests...
Don’t Get Stung On Foreign Property Deposits
As lockdowns and disruptions from the Covid-19 pandemic continue, there’s no doubt it has changed the way we live and work. One impact is that jobs which were previously thought to be only office-based are now effectively done remotely, and whether you call it flex or hybrid working, working from home looks here to...
How Do Different Countries Treat Mortgages For Over 60s?
With the current economic turmoil due to both Brexit and Covid-19, many UK mortgage brokers have continued to be accused of being ‘ageist’. Mortgages for Over 60s can be difficult to obtain. This is because many are lowering their maximum age limits on traditional mortgage lending for an older borrower from 80/85 to an...
The Pros And Cons Of The Stamp Duty Holiday
The stamp duty holiday granted by the Chancellor in July 2020 ends in March 2021. Here One Touch Investment look in depth at the impact this has had on the buy to let market and what is likely to happen after the stamp duty holiday ends. Written exclusively for Expat Network by One Touch Investment. ...
Expat Landlords – Your Self-Assessment Guide
If you make money from renting out your property to others, HM Revenue and Customs considers you as a landlord, even if you don’t think you are. As such, expat landlords will need to fill in an annual Self-Assessment tax return form (which tells HMRC how much Income Tax you’ll owe on your earnings)...
What Makes A Good Retirement Property Investment?
What Makes A Good Retirement Property Investment? For those considering care home investments but are unsure of where to start. There is money to be made if one considers these vital fundamentals. Written exclusively for Expat Network by One Touch Investment. Retirement property investments generate healthy returns and give the investor time to decide...
A Power Of Attorney Could Protect Your Overseas Property Purchase
Overseas property expert, Simon Conn, has reached out to his peers to comment on the importance of a Power of Attorney when protecting property and assets abroad, especially with Covid-19 ever present. Written by Simon Conn of Simon Conn Overseas Property and Finance With Brexit looming and the UK in its second official lockdown,...
Beware The Mortgage Payment Holiday For Buy To Let
With the current Covid crisis many banks are offering mortgage payment holidays in accordance with UK government policy. However, the consequences for buy to let investors need to be considered to ensure it does not impact your credit for future investments. As England moves into its latest full lockdown and banks once again offer...
How to Best Showcase Your Apartment to Quickly Attract Renters
When you have a vacant apartment, it costs you money every day it sits unoccupied. That is why it is so important to decrease that time between paying tenants to the bare minimum. Rightfully you may wonder how you can market your property during difficult economic times and a crisis like COVID-19? Written exclusively for...
The Hidden Expat Trap – Your Assets Can Be Legally Stolen!
Many expats have assets such as bank accounts, pension funds, life insurances, and real estate in multiple countries. We all believe that if anything happened to us, these assets would go to our families. Unfortunately, it is quite possible that your hard-earned money and assets would be legally “stolen” if anything happened to you, instead...
Celebrate your Culture Through Home Interior Design
You’re proud of your ethnic heritage. Why not bring elements of your culture into your home as a celebration of all that is uniquely you? With a bit of planning and some lucky finds, you can create an environment that feels like home, even if home base is miles or continents away. Introducing culture to...
Portugal’s House Prices Increase Whilst Rental Prices Decrease
In their annual report on house purchase and rental prices in Portugal Imovirtual have seen increases in the price of buying property in many areas but a reduction in rental prices. Here they set out the results for each area. Written exclusively for Expat Network by Imovirtual House Prices in Portugal House prices in...