Buy To Let

Whether it’s your first step onto the property ladder or your a seasoned investor it’s always wise to speak to an independent mortgage advisor to ensure your getting the best return on your investment.

If this is your first buy to let property there a few things you need to consider:

• Are willing to tie up your money for a long period of time
• Understand property prices can go down as well as up
• Are willing to take the risk that you might not earn a profit on your investment
• Understand and accept the additional risks that go along with borrowing money to buy a property
• Understand and accept the costs and time involved in owning and running a property and the impact that this will have on your potential return

Buy-to-let investment is very different from owning your own home. When you become a landlord, you’re effectively running a small business – one with important legal responsibilities. If you are unsure on any of the above, just give us a call and we will be more than happy to look at your current situation to help you make the right decision.

The buy to let property market has been hit with new rules, regulations and tax over the past few years and with the possibility of future changes its important you get the right advice and try to stay ahead of the curve.

So, you’ve seen a beautiful property that’s ideal to rent out.  Whether it’s a great monthly return or fantastic capital growth your going to need advice on the most suitable way to finance it. That’s where we can help. We have specialist buy to let advisors who can help you arrange the best mortgage, even advise whether you should be buying as a Limited Company.

You’ll need to cover the costs of buying, which can include:

• Survey fees
• Solicitor’s fees
• Stamp duty land tax

There are also running and maintenance costs associated with any kind of rental home. A sales or letting agent will also charge a fee. If you want to use an agent, compare costs to make sure you get the best deal.

When you sell the property you might have legal and marketing fees to pay.

Unsure on the next step, call our team today.