Property prices go up as well as down, so you might not get out what you put in. The same goes for how much rent we collect. Our forecasting tools help with the guesswork but they're not a reliable way to predict the future. Please also note that invested capital is illiquid and is not protected under the Financial Services Compensation Scheme.Ok, got it
Stamp Duty Land Tax (SDLT) is an obligatory amount payable to HM Revenue & Customs upon the purchase of property or land in the UK. HM Treasury has recently changed how this tax is calculated, with a higher rate payable if the property is not purchased as your only residential property.
When investing with UOWN, SDLT is classed as an initial purchase cost and is therefore included in the share price you pay. Other similar costs include legal and professional costs, repairs provision and pre-let expenses. So these are all taken care of when you buy shares.
Ongoing costs are different in that they are deducted from the monthly rent you receive to make nett rent, and these include a management fee, insurance, maintenance, SPV charge, vacant property allowance and corporation tax.
Wherever possible UOWN will try and minimise the amount of SDLT payable. The SDLT rates for properties purchased by UOWN are listed below.