Many of our clients have purchased investment property with a view to sub-letting. Our experienced property Lawyers are familiar with the complexities which arise when buying a property to let. Different mortgages Land Registry and insurance requirements apply for buy to let properties. The Stamp Duty Land Tax changes that came into effect for second properties on the 1st April 2016, have a significant impact for an investment buyer, looking to purchase additional properties to generate a buy to let income, or for those looking to purchase properties for refurbishment and resale.
Buy to let investors are more exposed to the risk of property fraud than owner occupiers and we are able to advise our buy to let purchasers, how to protect themselves against property fraud by keeping all of their addresses up to date at the Land Registry and by placing Restrictions on the title to the buy to let property, requiring that we complete a certificate that the seller is the genuine owner of the property.