We have all heard the term ‘as safe as houses’ and over the years property has proven to be one of the most tangible assets to invest into. Whether you’re an investor looking long term at capital growth or looking more short term to make an income, or furthermore both, then putting your money into a Buy to Let property could be the right investment for you.
The Buy to Let Mortgage market is structured slightly different to your usual Residential Mortgage market in most cases requiring larger deposits to form security for the lender. For most lenders the focus is on making sure the expected rental figures stack up against the mortgage repayments.
Our team of specialist Buy to Let advisors are always on hand to run through rental figures against mortgage repayments to ascertain whether it’s a viable option for you.
Not all Buy to Let Mortgages are regulated by the Financial Conduct Authority therefore it is important to know which type of Buy to Let Mortgage you will be looking at.
To discuss this along with any changes to Stamp Duty on second properties please get in touch with one of our Buy to Let Advisors today.