Would you buy a home under the hammer? How to invest in property at auction - or even get on the housing ladder

How to invest in buy-to-let or get on the property ladder at auction

Record numbers of buyers are turning to property auctions where as long as you can finance a winning bid you can lock in a property purchase within minutes. But you need to brave and sometimes willing to enter a bidding war to secure your dream property, so is it worth buying a home under the hammer?

Rents have outpaced inflation since last election but have grown at just half the pace of house prices 

Rent costs have risen faster than inflation since last general election

Rental costs in England and Wales have risen 15.2 per cent since the last general election - a pace faster than the rate of inflation, a monthly index shows. In May 2010, the average monthly rent was £659. Today, that figure sits at £768. Over the same period, consumer price inflation has amounted to 11.6 per cent.

The best buy-to-let mortgage rates to build your property portfolio or cut your monthly costs

Best buy-to-let mortgage rates to build your property portfolio or cut your costs

Landlords are benefiting from both increased choice and the some of the best ever buy-to-let mortgage rates on the market. The average five-year fixed rate stands at 4.25 per cent and there are now 143 five-year fixed rate buy-to-let mortgage deals with an interest rate below 5%, compared to 105 six months ago and 55 a year ago.

I want to cash in some equity from my second property while rates are low - should I keep some back to pay tax in future?

Can I cash in equity from my second property while mortgage rates are low?

I have owned a second property since my marriage four years ago that I let out. I have had the property revalued and it has grown in price by about £45,000. I want to know whether I will have to pay tax if I remortgage to release this money. I have assumed that there won't be any tax to pay until I eventually sell it for good. In which case, should I keep some of the money I release by remortgaging in order to pay a capital gains tax bill?

Ten tips for buy-to-let: the essential advice for property investors

Ten tips for buy-to-let

For many buy-to-let looks an attractive income investment in a time of low rates and stock market volatility. Climbing house prices, rising rents and improving mortgage deals are tempting investors - although they will need a big deposit. Read This is Money's top ten buy-to-let tips


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Record low buy-to-let rates slip away but landlords taking advantage of pension freedom cash can still get a cheap fix

Record low buy-to-let mortgage rates slip away but landlords can get a cheap fix

The opportunity to lock into a cheap fixed rate mortgage remains for the influx of property investors expected to take advantage of their pensions freedom cash. Currently, across the entire market, the average fixed-rate for a buy-to-let mortgage is 3.86 per cent and variable rate 3.78 per cent, statistics for This is Money from information website Moneyfacts show.

Ambitious sellers add £4k in a month to send asking prices to another record high, but lack of homes for sale squeezes buyers

Rightmove said that the challenge to meet the country's housing needs is greatest in the south of England and that a rise in interest from buyers was not met by an increase in homes for sale.

SIMON LAMBERT: Don't expect buy-to-let's interstellar gains to be repeated - 1996 was a much better time to invest than today

Buy-to-let's interstellar gains won't be repeated - 1996 was a great time to invest

Astonishing claims of a 1,400% return over the past two decades are built on borrowed money but there's another important point to consider - property was unloved and cheap in 1996. That made buy-to-let a turbocharged value investment. Investors could still do well today, but they shouldn't expect a repeat of the past.

Inheritance and gifts the only way for many young people to get on the property ladder, as more struggle to raise deposits

A couple are pictured standing outside a house for sale in this posed by model image to illustrate property sales 

Buying Home Together --- Image by   moodboard/Corbis

Half think their children will be able to buy their first home only after receiving an inheritance, a survey of more than 1,000 parents suggest.

Housing shortage puts pressure on property prices, as RICS warns Britain faces a 'very real housing crisis'

House prices are tipped to rise 2.5% this year and 4.5% a year for the next five years, by RICS, which has warned the next government must address the UK's property problem.

From pitch to auction house: Dion Dublin makes his Homes Under the Hammer debut - and says it's far more daunting than football

Dion Dublin makes his Homes Under the Hammer debut on BBC One

Monday morning, football legend Dion Dublin makes a debut of a different kind. He will be presenting on BBC One show Homes Under the Hammer, joining property TV rock stars Lucy Alexander and Martin Roberts. Lee Boyce speaks to him ahead of his big debut.

How fraudster's £800 phone debts wrecked my remortgage application and cost me £900 a year in loan payments

Why did fraudster's £800 phone debts wreck my mortgage?

When Mark Westby made a routine call to arrange a remortgage, he barely gave it a second thought. But he was turned down and later discovered a fraudster had used his name and date of birth to take out a mobile phone contract with EE. His experience exposes the difficulties in getting a mistake removed from the UK's credit agencies - and how innocent consumers suffer the consequences in the meantime.

Are we becoming a nation of renters? Fewer young people are saving for a deposit amid high prices and low income

Are we becoming a nation of renters? Fewer young people are saving for a deposit amid high

The proportion of people aged between 20 and 45 putting money aside to buy a house has dropped from 57 per cent last year to 43 per cent this year, according to the latest Generation Rent report by mortgage provider Halifax. Among the biggest barriers are the size of the deposit, high property prices and low income, with London having the highest proportion of young people who worry they will never own a home.

Buy-to-let investors continue to benefit from lending surge but first-time buyers struggle as loans fall to 21-month low

Sale signs displayed outside houses in London, England. 
House sellers' asking prices in London, Cambridgeshire, Berkshire and Surrey have made the strongest gains since the financial crisis struck, while those in County Durham, the Isle of Wight, West Yorkshire and Teesside have the furthest distance still to recover, according to a property website.

PRESS ASSOCIATION Photo. Issue date: Friday August 22, 2014. With an average price tag of £1.5 million, average asking prices in central London and the City now tower 41.9% above the levels seen when the housing market was at its pre-crisis peak in May 2008, Rightmove has found. West London, which like central London has been a strong pull for wealthy overseas investors, has seen the next strongest price growth since the previous peak of the market, with average property asking prices now standing at £564,192, which is 41.7% higher than in May 2008. See PA story MONEY Prices. Photo credit should read: Yui Mok/PA Wire

The Council of Mortgage Lenders said 19,000 loans worth £2.8billion were handed out to first-time buyers - a decline of 27 per cent compared to December.

Bank of England vows to 'monitor buy-to-let market closely' after recent rise in mortgages to landlords 

Exterior of Bank of England, Threadneedle Street  - (C) BBC - Photographer: Alex Barrett

Minutes from the March 24 meeting of the Bank's Financial Policy Committee said members had 'noted the increasing share of interest-only mortgages in buy-to-let mortgage lending.

Want to join the buy-to-let crowd? New online companies allow you to own a stake in property for as little as £50

Want to join the buy-to-let crowd? Now you can do it for just £50

Billions of pounds are channelled into property investments each year, typically by the privileged few with cash to spare. Here, Laura Shannon looks at a new trend emerging - online ventures allowing everyone to own a stake in property for a small sum. Dawn Purt owns a small stake of the family home.

Number of new renters grows by one million and is set to keep soaring as the young can't afford to buy

A young woman looking at particulars for houses and flats

The number of people renting will grow by another 600,000 over the next four years, the chief executive of estate agent chain Countrywide has said.

Home moving costs jump 20% in A YEAR to almost £12k as buyers and sellers hand more over to estate agents and the taxman

Home moving costs jump 20% in a year to almost £12k

The UK's booming property market has pushed moving costs higher with big rises in stamp duty and estate agents fees, that are worked out as a share of sale prices, helping to push the cost of moving home from £7,475 in 2004 to £11,894 last year. Much of the rise came in the last year when costs jumped 20 per cent from £9,948. Centre for Economics and Business Research said most home movers were left scrambling to pay the extra bills having underestimated their cost.

Baby boomer home 'hoarding' means average property changes hands every 23 years compared to eight in the 1980s

PROMOTIONS...10/4/00   Scanned by PCD   photographer: agent

The Intermediary Mortgage Lenders Association said that on average buyers hold on to the same property for 23 years before selling it, almost three times longer than in the 1980s.

So the 'Waitrose effect' adds 12% to your home's value - but what else will? Ten top factors that boost a property's price...

Ten top factors that boost a property's price

It was no surprise when a recent Lloyds Bank report put a figure on the Waitrose effect - 12 per cent, or nearly £40,000, on the average property. Of course, there are plenty of factors which add value to a property. Some are plain common sense like good state schools and sea views, others are downright bonkers... Here's how house-price boosting attributes stack up.

Does your home earn more than you? Map reveals the UK regions where house prices have risen by more than the average wage

Homes in a fifth of local authority districts across the UK have increased in value by more than the average employee's annual wages, according to Halifax research.

Top ten UK property hotspots: Sutton, Cambridge and Watford are most sought-after areas while Bristol's popularity soars

With commuters put off by sky-high London property prices, buyers are flocking to the likes of Guildford (pictured) and Reading, according to the latest trends index from online estate agent eMoov.

The east of England dominates list of the 50 rural areas with the highest standard of living in the UK - and Rutland comes top

The Medieval Church in Rutland, England.


As well as its picturesque setting, Rutland tops the bill for a range of other factors, bringing it to the top of the annual Halifax Rural Areas Quality of Life Survey.

House price gains slow for seventh month in a row with values now 5.1% up on a year ago - but still £1,500 higher since February

spt_nationwide march 1.PNG

The average price now stands at £189,454, which is still an average gain of £1,490 in just one month, the latest figures from Nationwide Building Society show.

Landlords must soon check the immigration status of their tenants - harmless change or a recipe for red tape and discrimination?

Landlords must soon check the immigration status of their tenants - harmless change or a

Officials have insisted the changes will add no more red tape and pose no threat to upstanding landlords. However, landlord groups are split and some argue the change could lead to more bureaucracy, fines running to thousands of pounds and even drive vulnerable tenants into the hands of unscrupulous operators. Here we explain what the changes will really mean....


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Buy-to-let mortgages: How they work, what you need to know and how to get the best deals

How buy-to-let mortgages work and how to get the best deals

Buy-to-let has become big business as Britain's small army of property investors ploughed their savings into homes to deliver both income and growth. Buy-to-let mortgages are generally interest-only, require larger deposits and need rent to comfortably more than cover payments. We explain more in our guide.

The buy-to-let traps: How to avoid the classic mistakes that mean investing might not pay off

Avoid the buy-to-let mistakes that mean your investment might not pay off

Those considering investing in buy-to-let - or hoping to improve the returns on their existing properties - need to make sure they aren't making common mistakes. We outline the classic errors to avoid to make sure you get the best from buy-to-let - and how to look after your tenants so they look after you.

Should you cash in your pension to become a buy-to-let landlord or keep your retirement savings invested?

Should you cash in your pension to become a buy-to-let landlord?

Over-55s will be able to cash in their entire pension from this April, an opportunity that could tempt many to plunge their savings into buy-to-let property. But there are pitfalls, first and not least the huge tax bill you could face for taking all the money at once. Retirees seeking a reliable income stream, plus the possibility of growing their savings, might decide they are better off putting their money in an invest-and-drawdown scheme instead. Read our guide and decide which is the best option for you.







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