The buy-to-let market grew enormously from 1995 but hit setbacks after the credit-crunch of 2008.
The good news is that we are still assisting buy-to-let investors acquire property with great rental yields at bargain-basement prices.
There are a few things to be aware of when considering a buy-to-let mortgage
- Rental Income is the key - The higher the better
- A deposit of at least 15% is essential
- You will usually have to pay for a valuation and the legal expenses
- Lenders often charge fees of up to 3% of the mortgage balance
- Interest rates are generally slightly higher than for owner-occupier mortgages
- Buy-to-Let mortgages are currently not regulated by The Financial Services Authority
However all of the above are to be balanced against the very attractive price of property for sale.
We have many years of experience helping buy-to-let investors realise their aspirations, acquire excellent investment property and find the best possible mortgage. Contact Us Now or use the Enquiry form