Buy to let

Buy To Let Mortgages have increased in popularity over recent years and London and the surrounding areas offer a great rental potential. The main reasons behind this are:

  • The potential for excellent long term capital growth.
  • An additional source of income for retirement.
  • High demand for rental accommodation in the London and surrounding areas due to an increasing UK population and a demand for young professionals to work in London.
  • Having a property as an alternative investment to an existing investment portfolio.
  • More lenders having entered the market leading to more competitive, specifically designed, accessible buy to let mortgages.

Buy to let mortgages differ to ordinary residential mortgages in 3 main ways:

Rental

lenders will assess your buy to let mortgage based upon the rent you are likely to receive as well as your income. In some cases your income is not considered.

Interest Rate

Buy to let mortgages tend to have a slightly higher interest rate.

Larger Deposit

buy to let mortgage will typically require a minimum deposit of 25% of the property’s value.

When purchasing a buy to let property you will need to decide whether your primary objective is income or capital growth. Your decision may affect the type of property you purchase, the location and whether you opt for a repayment or interest only mortgage.

IFA | Walton | Wimbledon | Buy to Let | Mortgage Advice | Bigmore KT12

Today, we offer a comprehensive range of services, from arranging a mortgage to the lifetime management of your finances. You can find us listed on many reputable financial directories such as www.unbiased.co.uk , www.finance-central.co.uk and www.ukfinancialadviser.co.uk.

Bigmore Associates is authorised and regulated by the Financial Conduct Authority.

Talk to us about:

Pension transfers
Pension savings
Stakeholder pensions
Occupational pension transfers
Self Invested Personal Pensions (SIPPs)
Retirement annuities
Impaired life annuities
Income drawdown
Group/Company Pension Schemes
Commercial Property Finance
Development Finance

Lifetime Mortgages
Buy to Let mortgages
Residential mortgages
Endowment reviews
Life assurance
Critical illness
Shareholder protection
Keyman assurance
Mortgage protection
Private Medical Insurance
Structured investments
Cash deposits

National Savings & Investments
ISA savings
OEIC portfolios
Offshore Bonds
Onshore Bonds
Alternative investments
Inheritance tax planning
Family trusts
Offshore savings
Inheritance trusts
Solicitors & Accountancy introductions
Lasting Power of Attorney

 Contact Adam by phone or email to arrange an initial appointment.

To find out more, call us on 01932 253939 or email us at info@bigmoreassociates.com © 2010. Bigmore Associates.

Bigmore Associates Ltd are Authorised and Regulated by the Financial Conduct Authority

Privacy Policy