Buy-to-Let

One of the most profitable long-term investments can be purchasing property. Buying a property to let has the opportunity of providing an income in the form of rent. It may also be an asset that can increase in value over the longer term. Since not everyone has the income required to purchase rental properties outright, buy to let mortgages makes this opportunity feasible.

Buy to let mortgages are ideal for property investors. There are a few differences in a traditional mortgage and a buy to let mortgage. With a buy to let mortgage, the income received from rent is used to make the mortgage payments. The monthly rental income usually pays for the mortgage and the income received from the rental property is figured in to the borrower’s ability to repay the mortgage.

The long term benefits of a Buy To Let Property are that after the mortgage is completely paid, the property is yours, as an investor you could choose to continue to rent the property for the monthly income and if you choose to do this the income belongs to you. At this time you may also decide to sell your investment for the benefit of a lump sum of money.

However, Buy to Let is not without its risks. While history has shown that in the long-term house prices do outstrip inflation, there have been periods of significant house price falls. Rental Income can also vary and may be less than expected, and therefore careful choice of location and property is needed.

Make sure you obtain professional advice from Watts Mortgage & Financial Services Ltd prior to deciding how to proceed with a buy to let mortgage. Our team of specialist advisors have a wealth of experience dealing with clients who may purchase one or two properties to clients who have large portfolios, so whatever your need is today call one of or team, or simply complete the enquiry form below and one of our Team will contact you directly.

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