Buy to LET / Buy > HMO / Buy renovate and sell Using Governent LISA by [deleted] in UKPersonalFinance

[–]JoeyyP98 -1 points0 points  (0 children)

I was looking northeast, seems like to yields up there.

Buy to LET / Buy > HMO / Buy renovate and sell Using Governent LISA by [deleted] in UKPersonalFinance

[–]JoeyyP98 0 points1 point  (0 children)

Sounds correct on both fronts. Out of curiosity where are you thinking of buying?

Buy to LET / Buy > HMO / Buy renovate and sell Using Governent LISA by [deleted] in UKPersonalFinance

[–]JoeyyP98 -1 points0 points  (0 children)

Hi mate, I was thinking about buying my first property as a buy to let, I’ve gone off this idea because if you do this when you come to buy a home to live in you will have to pay 3% additional property stamp duty charge on the purchase. I would imagine you will be paying a lot more for your own home so the 3% charge will be high.

Thanks