Buy To Let Mortgages

Since property prices really started to take off during the property boom time of the 1970s, there has been a long and steady increase in private landlords using buy to let mortgages to fund an income and capital growth investment.

It is fair to say that while buy to let properties can and do prove to be a profitable investments, it really is a ‘specialism’ that requires specialist advice.

Take for example, understanding the different lending and affordability criteria set by lenders when compared to a traditional house purchase mortgage. And, the choice of property and its location can make a significant difference in the medium to long term value and achieving a worthwhile income return.

Choice of what and where?

Properties in university towns and cities are a popular choice amongst many experienced buy to let investors. This is because there is virtually a constant demand for affordable multi-occupancy properties and in close proximity to the university and amenities.

Your choice of property should also include the level of likely immediate or ongoing maintenance for example; if there is a garden and the overall external condition of the property.

As with any investment, it is important to point out that it’s not necessarily the easiest way to investing and making money.  Being a buy to let landlord does carry a responsibility that needs to be carefully considered, and like so many other investments, there are no guarantees underpinning the future capital growth.