Buying properties to let is often referred to as buy to let (BTL) and is an increasingly popular choice when looking for a way to receive a regular monthly income and to invest for the longer term as BTL offers an added bonus - When property prices increase, investors can expect an even healthier return on their outlay.
Buy to Let Mortgage Information
Offering the same great choices as any other type of home loan, mortgage, or remortgage for Buy to Let Mortgages, you will be able to select from competitive rates, varying product features and a wide choice of lenders willing to advance you money. A main difference of buy to let is that you are usually required to put down a greater portion of the value of the property as a deposit. If you are planning to invest in a buy to let mortgage, or if you already have a buy to let mortgage and are looking to find a more attractive scheme, we can help you make the right mortgage decision. Our mortgage advice service gives access to some of the best competitive UK Buy to Let Mortgages available, ensuring the right mortgage deal for you. We can help, whatever your buy to let needs are.
Buy to Let Mortgage Advice
When choosing to purchase a property using a buy to let mortgage, you have to consider the likely rental value of the property and also the current state of the rental market in the location you want to buy-to-let the property in. Make sure that you form a good relationship with local estate agents as they will be able to tell you if you will easily find tenants for the buy to let property you are thinking of buying. Please also note that any increase in the value of your buy to let property may be subject to capital gains tax and you should seek tax advice to ensure you are fully aware of these implications and find out any ways that you may be able to offset this increase against maintenance and letting agency costs.