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Quick Move Blog

Wednesday, 30 May 2007

Buy to Let Investors Facing Clampdown

According to The Times, thousands of buy-to-let owners could face tax bills from up to six years ago.

According to the source, HM Revenue & Customs is implementing a crackdown on unpaid duty and excess mortgage relief and has identified 80,000 landlords who have claimed too much tax relief or have failed to declare rent and capital gains.

The tax office is able to claim unpaid taxes from six years ago with fines equal to the amount owed plus interest.

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Operating since 1998 and having bought over 3,500 properties, Quick Move is the largest and most respected quick house sale company in the UK. We offer a service for anyone looking to sell their house fast. We will buy your house for cash, often within 7 days, ensuring a quick, secure and efficient house sale. Our service also offers certainty to house sellers - when we commit to buying your home, we will set a completion date to suit your timescales so you have the comfort of knowing that your sale will go through on the date you require.

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