Gaskells Independent Mortgage Brighton (IMA) – Mortgage Advisers in Brighton are mortgage brokers offering mortgage advice in Brighton

HOW TO COMPLAIN

MORTGAGE ADVISERS

Buy to Let Mortgages

In the same way that shares can provide both income (dividends) and capital appreciation, investment properties can provide income by way of rental yield and capital appreciation (value of house) increases. However just like stocks & shares, the value of your property can go down as well as up and a rental void (unable to find a tenant) can put a strain on cash flow.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. MOST BUY-TO-LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.

Many people have invested in the property market over recent years perhaps encouraged by increasing house prices and what may have been seen as low interest rates on specifically designed buy-to-let mortgages. So if you decide to invest in the property market, we believe it is important that you do your homework. Gaskells can offer advice and guidance how best to achieve this as we have been very involved in the buy-to-let market for many years.

We consider it vital that you research the local rental market to investigate the types of properties that are in demand, the best location for your rental property and how much rent you are likely to get as this will affect how much you can borrow. We believe another golden rule is to treat it as a business venture and accurate budgeting is an essential part of the process. Also factored into your budgeting should be the tax implications of your potential investment.
  • A buy-to-let property has become a popular way to invest money
  • We believe it is very important to do your homework before buying a property to rent out
  • We consider it vital that you research the local rental market and treat it as a business venture
  • Plan for gaps and anticipate problems
  • Consider the tax implications
  • Many lenders offer buy-to-let mortgages