Buy-to-let investor David Lawrenson believes most landlords will prefer to drop rents and keep tenants in place rather than face the financial and logistical problems of voids in a struggling market. Let-to-buy is a way to apply for two types of mortgages at the same time: A buy-to-let remortgage for the property you’re moving out of and intend to let out. A standard residential mortgage for your new home. Finding two good deals at the same time that are each right for you and work together might be a challenge if you go it alone. 15. Exchange and complete. Exchanging contracts is a key milestone when you're selling your house, as it's the moment when your buyer pays a deposit and things become legally binding. If you're buying another property, make sure you have buildings insurance in place from this date onwards. The Nationwide Building Society published estimated figures of how a typical landlord’s profits might be hit. Someone with a £150,000 buy-to-let mortgage on a property worth £200,000, with a monthly rent of £800, would currently have a net profit of around £2,160 a year. Under the new system, the net profit would plunge to £960. Buy-to-let mortgage products are less popular than owner-occupied homes. The interest rates are usually higher by 0.75% to 1.25% in comparison to residential mortgages. Mortgage interest rates vary per mortgage lender in the Netherlands. Buy-to-let landlords have to pay certain taxes and fees. They include rental income tax, although you can deduct agent fees, utility bills, council tax, building insurance fees, certain maintenance costs, etc. You’ll pay an 18% or 28% CGT on the profits of your property if you choose to sell it. The buy-to-let mortgages with the lowest rates carry a maximum LTV of 60%. In other words, you’ll need to raise 40% of the property’s sale price to get the best deals. Conveyancing fees are £1,939 when buying a freehold buy-to-let property and £2,109 when buying a leasehold buy-to-let property. This is based on the average property price of £277,000. This cost considers the legal fees and disbursements and does not take into account any potential extra costs. According to the Act, the following information must be included in a lease: - The names of the tenant and the landlord. - The address and a description of the property that is rented out. - The Research the stocks you want to buy. 3. Decide how many shares to buy. 4. Buy stocks using the right order type for you. 6. Know when to sell stocks — and when not to. MORE LIKE THIS Investing 16AOvw2.