/ December 25, 2018
The term ‘depreciation’ as it relates to property (particularly buy to let investments) can be looked at in two ways. These are (1) depreciation of non-fixed goods in a fully furnished rental apartment or house, and (2) capital depreciation (i.e. if the capital value of the property falls). The latter is unusual, although it is occurring in certain areas of London right now, and southern regions, if looked at in a year-on-year context. This blog will look further into depreciation and how it impacts your business.