I have £50k saved. What's the best strategy to acquire my first buy-to-let in the current UK market to maximise portfolio growth, considering rising interest rates and stamp duty implications?
Quick Answer
With £50k, targeting a property acquisition around £150,000-£200,000 with a 25% deposit is a common entry strategy. This approach helps manage the 5% additional dwelling Stamp Duty and current mortgage rates of 5.0-6.5%, crucial for maximising portfolio growth.
About This Topic
Strategise your first £50k buy-to-let investment in the UK. Navigate 5% additional dwelling SDLT, 5.0-6.5% BTL mortgage rates, and Section 24 to maximise portfolio growth.
This question is part of our Buying Your First Property category, providing expert guidance on UK property investment.
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