Property Buying Guide
Buy to Let Advice
Buy to let is on the up. With so many property owners having considerable equity in their main homes and in particular worried about whether their children will reach the first step on the property ladder, more and more people are investing in buy to let. It can also be possible for first time buyers to take out a buy to let mortgage whilst they are still themselves renting.
One of the reasons that buy to let is so popular is that buy to let mortgages have become relatively easy to obtain as the rental revenue is seen as a fairly guaranteed way of the monthly mortgage payments getting paid.
When purchasing buy to let properties you are usually required to put a large buy to let deposit into the property so that the rental revenue is not significantly lower than the buy to let mortgage payment. This is one thing that can make it preventitive for first time buyers.
To find out if you could take out a buy to let mortgage you don't need to speak to a specialist buy to let mortgage broker as nearly every mortgage advisor is equiped to advise on buy to let mortgages. Mortgage advice for buy to let mortgages is easy to obtain. A good advisor will seek out the best buy to let deals for you.
Buy to let properties can be seen in our property section.
More buy to let advice in our buy to let guide:
Buy to let – for first time buyers and everyone l How much can you borrow? l Buy-to-let mortgages l The tax situation l The hidden costs l Finding a suitable property l Your responsibilities as a landlord l Letting agents l Tenants l Furnished and unfurnished properties l Buy-to-let useful websites l Buying Property Abroad
– association of residential letting agents
www.landlords.org.uk - association of landlords
www.cml.org.uk – council of mortgage lenders
Most useful and most popular pages on this site:
Look for your First Property l Seek First Time Buyer Mortgage Advice l See our Best First Mortgages Comparison Table l Find out about First Time Buyer Mortgages l Find out How to Buy a House l Learn all about The First Time Buyer Mortgage l Shared Ownership