
Authorised & Regulated by the Financial Services Authority.
No. 305029
Buy-to-let | Mortgage Now UK Ltd
Why purchase a property for a buy to let investment?
You've heard all the bad press over the last few years about pensions, endowments, investment plans not achieving their goals, well take an alternative step to that retirement fund.
Many people are now building a property portfolio for their retirement. Others buy purely to try and achieve a short term profit. Others will buy for:
- Accommodation for children at university
- Rental Income - could be better than a savings account
- Holiday lets
- Penalties
- Pied de Terre
These are just some of the reasons for purchasing buy-to-lets.
How do we go about buying an investment property?
- Proof of income NOT essential
- Upto 90% loan to value - deposit from residential property if needed/
- Rental income to support mortgage payment - ranging from 100 - 130%
- Rental guarantees are possible