Nov. 29, 2024

Tax and Insurance | Key Challenges for Investors in 2025

Tax and Insurance | Key Challenges for Investors in 2025

Welcome back to another episode of The Investor's Corner! In this week’s episode, Mike and Andy are joined by Luke Masters, Director of Survey Network. Together, they discuss key takeaways from our recent Home Movers Webinar for 2025.   We did...

Welcome back to another episode of The Investor's Corner! In this week’s episode, Mike and Andy are joined by Luke Masters, Director of Survey Network. Together, they discuss key takeaways from our recent Home Movers Webinar for 2025.

 

We did experience a few technical hiccups during the webinar, but don’t worry — you can still watch the full webinar here - https://streamyard.com/watch/7xrZxz6WRg3n

 

In this episode we look into predictions on interest rates, why it could be worth waiting until April 2024 before buying due to potential stamp duty changes, and the shifting market conditions. Luke also highlights the importance of Reinstatement Cost Assessments (RCA) for property insurance and why you should stay on top of it to avoid being underinsured.

 

Key Topics Covered:

  • Interest Rates & Mortgage Trends: What’s ahead for property investors in 2024.
  • Why Waiting Until After April 2024 Could Benefit You: How changes in stamp duty could impact your buying decision.
  • Reinstatement Cost Assessments (RCA): Why they’re essential for proper property insurance.
  • Avoiding Underinsurance: How to ensure your property is fully covered.

 

Key Takeaways:

  • Plan for Interest Rate Changes: Make informed decisions based on what’s to come.
  • Timing Your Purchase: Consider waiting until after April 2024 for potential benefits.
  • Stay on Top of Your Insurance: Regularly review your RCA to avoid gaps in coverage.
  • Underinsurance Risks: Be proactive in protecting your investment.

 

Contact Luke Masters at Survey Network

07920 063812

luke@survey-network.co.uk

https://www.survey-network.co.uk

 

 

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