If you’re thinking about investing in property, you’ll be making one of the most secure and productive financial investments you can make. If you’re also looking to expand your monthly income or to build up a lasting investment plan, investing in a buy to let property could be for you 👍 Our guidebook takes you …
Your Basic Guidebook on Buying to Let and Buy to Let Mortgages 👇 Read More »
A: If you want to let your current property you’ll normally need a buy to let mortgage. If you want to find out more information about 👇 🏡 Renting out your home for a short period🏡 Renting a house without a buy to let mortgage🏡 What consent to let is🏡 When you should seek consent …
A: Stamp duty rates are based on the value of the property 👇 🏡 £0 to £125000: 3%🏡 £125,001 to £250,000: 5%🏡 £250,001 to £925,000: 8%🏡 £925,001 – £1.5m: 13%🏡 £1.5m+: 15% If you’re buying a property you don’t intend to live in such as a buy to let you’ll pay an extra 3% in …
Q: What stamp duty do I have to pay on a buy to let? 🤔 Read More »
A: The minimum for a buy to let property is usually 25% of the property’s value, although it can be anywhere between 20-40%. Most BTL mortgages are interest-only. This means you pay the interest each month, but not the capital amount. At the end of the mortgage term, you repay the original loan in full. …
Q: What deposit do I need to get a buy to let property? 🤔 Read More »
Typically, you’ll need a large deposit to secure a buy to let mortgage and the interest rates may be slightly higher than traditional mortgages. So it’s definitely an important step in the process to find the right deal because it can help you save money on fees and interest each month, and help your rental …
We found this video that gives a great overview 👌 Find out all about the type of mortgage you’ll need, contracts, deposits, safety measures and more. Basically everything you need to get started 🙂 Watch it here 👇 For More Details 👉 Click Here
A: Here’s a list of some of the main costs 👇 🏡 Stamp duty🏡 Valuation🏡 Property survey🏡 Legal costs🏡 Mortgage arrangement fees🏡 Income tax🏡 Day to day costs🏡 Letting agent’s fees🏡 Mortgage interest🏡 Redecorating🏡 Landlord’s insurance🏡 Annual safety checks🏡 Rent insurance🏡 General building maintenance We’ve got more details on this and lots of other useful …
Q: What are the costs involved getting a buy to let? 🤔 Read More »
A: This is the key to attracting the right tenant. The distance to schools, supermarkets and shops, public transport links, and even the local GP are all important things to consider as they raise your property’s appeal. If you want to let out to students, being nearby a university is important. Experienced landlords will focus …
Q: Where should I purchase my buy to let property? 🤔 Read More »
The Chancellor’s recent stamp duty cut coupled with access to cheap loans has led to a spike in investors looking to buy homes. We’ve got 10 top tips for those investors 👇 🏡 Research the market on buy-to-let🏡 Choose a promising area to invest in property🏡 Do the maths on buy-to-let🏡 Shop around and get …
🏡 Ten Tips for Buy-to-Let: The Essential Advice for Property Investors 🏡 Read More »
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