Investing in property is a popular wealth-building strategy in the UK. Two potentially lucrative options are Buy-to-Let (BTL) and Houses in Multiple Occupation (HMO). This article explores the advantages and disadvantages of each, helping property investors make informed decisions. What is Buy-to-Let? Buy-to-Let involves purchasing a property specifically to rent it out to a single tenant or...
Buy to Let
If you are looking for a buy-to-let (BTL) mortgage on a high-value property, the challenge of securing finance can be tough. A specialist broker could make a big difference in sourcing the size of the loan you need at a competitive rate. On bigger loans, personal financial circumstances are scrutinised in much closer detail. There are buy-to-let mortgage lenders who will loan up to £15 million...
The concept of buying a property and renting it out to generate an income is not a new idea – landlords in university cities have been doing it for years. This style of investment has not been without its fair share of complications over the years and yet more potential issues on the horizon today. This is not to say Buy to Let is not a good idea – it can be incredibly profitable when it works, but...
More savers than ever are now putting their cash into bricks and mortar and becoming property investors. We have drawn up a checklist for first-time investors, urging them to be cautious and highly selective about where they buy. Location – find an attractive location with a sound employment market and not too reliant on manufacturing or the public sector. These areas could see five per cent or...