Landlords Information - Property to Let?
What sort of Investment potential can Property Offer?
With an increasing number of people now disillusioned with pensions, more people are investing in property or becoming property developers. Call us, we’ll be happy to tell you our story!
How much Deposit will I need for a Buy-To-Let Property
You will be required to pu down a deposit for Buy-to-Let mortgages and this will typically be larger than for a standard residential mortgage – it’s likely to be in the region of 15 – 25% of the property’s value.
Can Anyone get a Buy-to-Let Mortgage?
We will be happy to put you in touch with an independant mortgage consultant who will be happy to advise you. Buy-to-Let mortgages are typically arranged based on the investment potential of the property, not your salary.
What Sort of Return can I expect?
Your ‘rental return’ will depend on the property you purchase and the standard of accomodation it offers. Remember your expected rental income must exceed your Buy-to-Let mortgage repayments. Your property may be repossessed if you do not keep up with mortgage payments.