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Buy to Let

Over the last few years, investment returns on endowments, pensions and shares have been disappointing. As an alternative to these traditional forms of investment, many people consider buying a property to rent out with the aid of a "Buy to Let Mortgage" as a way to provide them with a regular income and perhaps also a pension in a few years time.

Rising interest rates over the past few months mean that more people are considering renting property. When you purchase a property to let, you set the monthly rental income to cover the mortgage payment and give you a profit each month. At the end of the mortgage you own the property outright and can use the proceeds of sale for anything you wish such as holidays, new car or pension.

The Lending Company has access to lenders who will let you build up a portfolio of properties, so you don't have to stop at one!

Many Estage Agents have professional Lettings departments who for a small fee, will manage the property for you and collect the rent. You can of course, do this yourself if you prefer.

Please contact us to find a "Buy to Let Mortgage" that will suit your particular circumstances.

Call now on 01253 399311.