FOLLOWING chancellor George Osborne’s buy-to-let stamp duty announcement during the autumn statement, local estate agency Connells in Hereford is offering advice to prospective landlords on how to make the most of the chancellor’s reform. The branch is urging anyone looking to invest to come in and speak to a member of the team who can advise on the next steps to take to secure a buy-to-let property before the 3% surcharge on stamp duty takes effect in April 2016.

“With the stamp duty changes coming in next April, there is still time to invest in a buy-to-let property, or for landlords to extend their portfolios, and avoid the higher fees,” says Nicola Stretton, lettings manager at Connells Hereford. “We would advise that customers get the ball rolling now so that everything is place before the changes hit as there has never been a better time to invest. There is a great range of mortgages out there right now, and those who take advantage of the lower stamp duty while it lasts will also reap the rewards of rising rents which we predict will continue.

“We are here to help and want to assist landlords in making the most out of their investments,” Nicola Stretton continues. “We can offer comprehensive advice on all aspects of the buy-to-let market, including finding suitable properties, securing the best mortgage deals and advising on legislation and requirements to be a landlord. If you are unsure of what this means for you or need some advice, come in and speak to us to get plans for your investments underway.”

For more information on the local buy-to-let market visit your local Connells branch at Hereford or call 01432 272413.