fbpx
Customize Consent Preferences

COOKIE POLICY
This is the cookie policy for AR NAME. We are committed to protecting your privacy. This Cookie Policy forms part of our legal information and sets out how we use cookies on our website to help make your visits more effective.

WHAT ARE COOKIES?
Cookies are small text files placed on your computer by websites and sometimes by emails. They provide useful information to organisations, which helps to make your visits to their websites more effective and efficient. We use cookies to ensure that we are able to understand how you use our website and to ensure that we can make improvements to our websites. Cookies do not contain personal or confidential information about you.... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Buy to let

Investment opportunities through buy-to-let properties

Buy to let

Buy To Let Mortgages have increased in popularity over recent years.  The main reasons behind this are:

  • The potential for excellent long term capital growth.
  • An additional source of income for retirement.
  • High demand for rental accommodation in the Nottinghamshire and surrounding areas due to an increasing UK population, increase in single occupancy homes due to a high divorce rate, and a growing number of students taking degrees.
  • Having a property as an alternative investment to an existing investment portfolio.
  • More lenders having entered the market leading to more competitive, specifically-designed, accessible buy to let mortgages.

Buy to let mortgages differ to ordinary residential mortgages in 3 main ways:

Rental – lenders will assess your buy to let mortgage based upon the rent you are likely to receive as well as your income.  In some cases your income is not ever considered.

Interest Rate – Buy to let mortgages tend to have a slightly higher interest rate.

Larger Deposit – a buy to let mortgage will typically require a minimum deposit of 25% of the property’s value.

When purchasing a buy to let property you will need to decide whether your primary objective is income or capital growth.  Your decision may affect the type of property you purchase, the location and whether you opt for a repayment or interest only mortgage.

Buy to Let Mortgages are not usually regulated by the Financial Conduct Authority. Your property may be repossessed if you do not keep up repayments on your mortgage.

2023-09-03T15:39:12+00:00
Go to Top