Submitted on Friday 25th January 2008 
Perks if property has been empty for 2 yearsFrom 1st January 2008, there’s a reduced rate of VAT of 5 per cent, rather than 17.5 per cent on the cost of works and materials used to renovate properties that have been empty for a minimum of two years. This is a further incentive for developers or house hunters considering doing up a substandard property.
The mortgage market offers a wide range of solutions for this type of project
Stirling Partners Finance Ltd, 85a Gt Portland Street, London W1W 7JR, UK Property development finance | First time buyer mortgage | Remortgage | Commercial mortgage | Bridging finance | Buy to let mortgage Residential and commercial mortgage broker offering whole of market advice. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS UP REPAYMENTS ON A MORTGAGE. STIRLING PARTNERS FINANCE LTD ARE AUTHORISED AND REGULATED BY THE FINANCIAL SERVICES AUTHORITY. © 2006-2008 - Stirling Partners Finance Ltd
|
