{"id":49257,"date":"2017-03-23T14:00:05","date_gmt":"2017-03-23T07:00:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-i-need-to-fill-out-a-tax-return-if-i-buy-to-let-without-a-mortgage\/"},"modified":"2017-03-23T14:13:59","modified_gmt":"2017-03-23T07:13:59","slug":"do-i-need-to-fill-out-a-tax-return-if-i-buy-to-let-without-a-mortgage","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/do-i-need-to-fill-out-a-tax-return-if-i-buy-to-let-without-a-mortgage\/","title":{"rendered":"Do I need to fill out a tax return if I buy to let without a mortgage?"},"content":{"rendered":"


\nI can afford only to rent in the area where I work, so I plan to buy a house for cash elsewhere to let to my sisterQ I have a query regarding home-owning and was hoping you could help. I have rented for my whole life and have never taken out a mortgage or owned a home. I am required to stay in my rented house for my job. However, I am now in a position to buy a house in a much cheaper area for cash, which I could rent to my sister. As I won\u2019t be taking out a mortgage, am I still required to register for self-assessment? I will use the rent I receive from my sister to pay part of the rent on the property I live in.Of course, I know that it doesn\u2019t seem to make sense to carry on renting myself while owning a house and letting it to another person, but I need to stay near to my work and simply could not afford to buy in the area I live. SQ Continue reading…
\n
\nSource : theguardian.com
\nRead more…Do I need to fill out a tax return if I buy to let without a mortgage?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

I can afford only to rent in the area where I work, so I plan...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-49257","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-cOt","jetpack-related-posts":[{"id":138781,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-we-sell-inherited-house-and-staircase-our-shared-ownership-flat-to-100\/","url_meta":{"origin":49257,"position":0},"title":"Should we sell inherited house and staircase our shared-ownership flat to 100%?","date":"August 14, 2023","format":false,"excerpt":"\r Half the profit in former family home, now rented out, would raise enough to buy our home outright but not leave much of a nest eggQ My mother recently died, leaving my sister and me 50% shares in the former family home. The house is currently privately let and\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1094,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rent-trap-keeping-englands-young-people-off-the-housing-ladder\/","url_meta":{"origin":49257,"position":1},"title":"'Rent trap' keeping England's young people off the housing ladder","date":"July 23, 2014","format":false,"excerpt":"\r Tenants pay more for the roof over their heads than buyers, according to the government's English Housing SurveyYoung people are being caught in a \"rent trap\", with housing costs taking up so much of their income that they are struggling to save enough to buy a home of their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110198,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-over-rent-longlands-the-hawkes-bay-suburb-where-you-save-350-a-month-by-getting-a-mortgage\/","url_meta":{"origin":49257,"position":2},"title":"Buy over rent: Longlands, the Hawke's Bay suburb where you save $350 a month by getting a mortgage","date":"August 26, 2019","format":false,"excerpt":"\r In some parts of Hawke's Bay, paying a mortgage is cheaper than paying for rent, new statistics show.There are seven suburbs in Hastings that average a monthly profitable return on paying a mortgage compared with paying for rent,...\r \r Source : nzherald.co.nz\/Property\r Read more...Buy over rent: Longlands, the Hawke's\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130485,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-make-the-buy-vs-rent-housing-decision-as-mortgage-rates-surge\/","url_meta":{"origin":49257,"position":3},"title":"How to make the buy vs. rent housing decision as mortgage rates surge","date":"September 28, 2022","format":false,"excerpt":"\r Many Americans have never seen mortgage rates this high, and at time of high home prices. Here's how to know if it makes sense to buy or is better to rent.\r \r Source : cnbc.com\r Read more...How to make the buy vs. rent housing decision as mortgage rates surge","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131829,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-we-release-some-money-tied-up-in-our-current-home-to-use-as-a-deposit-on-a-new-one\/","url_meta":{"origin":49257,"position":4},"title":"Can we release some money tied up in our current home to use as a deposit on a new one?","date":"November 28, 2022","format":false,"excerpt":"\r My wife and I would live in the second property and rent out the other to my sister and her sonQ My wife and I would like to buy a second home to live in while renting out our current property. My sister is in dire straits and desperately\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10592,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/emirati-buyers-targeted-in-al-forsan-rent-to-buy-scheme-in-abu-dhabi\/","url_meta":{"origin":49257,"position":5},"title":"Emirati buyers targeted in Al Forsan rent-to-buy scheme in Abu Dhabi","date":"April 13, 2016","format":false,"excerpt":"\r \r Al Forsan, the Abu Dhabi-based sports resort and housing complex, has come up with a \"rent-to-buy\" offer targeting Emirati buyers.At Cityscape Abu Dhabi, the government-owned developer said that it was offering rent-to-buy as an option for 50 of the 385 villas and town houses it has completed in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49257"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=49257"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/49257\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=49257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=49257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=49257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}