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interesting development is the ability to move home, but
rather than selling your old home, keep it as an investment!
This
is becoming a very popular investment opportunity as
more individuals supplement their income by buying a
property to rent out.
Buy-to-let
helps private individuals to invest in property to let
without being penalised by mortgage surcharges or paying
commercial rates of interest. Mortgage lenders in the
Buy-to-let scheme will take account of rental income
likely to be achieved from a property.
It
is designed to stimulate the growth of the Private Rented
Sector by encouraging private investors to take the
opportunities given by low, highly competitive, interest
rates and the reasonable certainty of sustained capital
growth over the coming years.
NOTE:
You may not always get someone to take residency of
your property.
If
you have any queries about Buy-to-let mortgages please
do not hesitate to contact
us, alternatively you can fill out our
feedback
form
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