Why Buy to Let?
Buy to Let is an attractive investment option that offers regular rental income, long term capital growth due to the rise in housing value and the security of having a property based investment.
Who qualifies for Buy to Let?
Everyone, you don’t have to be a home owner and there is no minimum income required.
What is the minimum deposit required for a Buy to Let mortgage?
The minimum deposit for a buy-to-let mortgage is usually 25% of the property’s value. However, it can vary between 20-40%.
How much should I charge for rent?
Lenders will typically look for a monthly rental income of at least 125% of your monthly mortgage interest payments.
How do I work out my rental yield?
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Calculate your expected annual rental income for the property.
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Divide the result by the property value.
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Multiply this figure by 100 to get the result as a percentage.