Buy-to-let question....anybody help??

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We have some capital from the proceeds of our house sale and are contemplating the purchase of a small apartment as an investment. We would be cash buyers & therefore not need a mortgage. We also have three young children for whom we claim child benefit.

My husband earns £47K whereas I am not currently working. Would it therefore be better for us to register any property purchase in my sole name to avoid pushing my husbands income over the £50K child benefit cap threshold?

Thank you for any advice.

It depends on what the income from the property will be (as you could deduct agent fees/maintenance etc) before paying tax but more likely than not it would take your DH over so definitely put it in your name.

Thanks LadyKooKoo, I suspected so. The income, after expenses, will be about 4K/yr so not a huge amount, but enough to push over the limit. I've since had an offer accepted on an apartment, and I'm going to register it in my sole name, so my property empire is born!!