Choosing a buy to let mortgage to invest in property.
For those looking to invest in property now is the time to search out a buy to let mortgage.
Rental yields are rising as many would-be buyers remain stuck in rental property unable to save enough of a deposit to purchase a home. The demand for rental property is rising and therefore being a landlord could be a way to supplement income or increase a dwindling pension pot.
Bricks and mortar are once again a good bet so call 0800 048 8828 for investment property mortgage advice.
When buying a property to rent out it is important to ensure you have done the right research, and this is not just finding the very best mortgage you can. You need to be aware that there is a risk that costs can rise and house prices can fall, however all in all property over the long term can prove a high yield investment.
A present you can get a buy to let deal from lenders such as the Nationwide through their intermediary arm, however as with any mortgage don't be seduced by just the rate. You need to factor in fees charged, as with an investment mortgage deals fees can be as high as 2.5% on the loan advanced.
If you want to ensure you are getting the best mortgage to make your investment in property as lucrative as possible, seek 'whole of market' mortgage advice and a market-wide comparison from Deal Direct.
Contact us to get the very best mortgage tailored to your investment needs.
0800 048 8828.