Buy To Let

As the name suggests, Buy to Let is a property purchased specifically to rent out to tenants.

Purchasers can potentially profit in two ways:

  • Capital growth – if the property is sold for more than the purchase price
  • Rental Income – the rent received should hopefully exceed the monthly mortgage payments and running costs such as repairs and insurances

To fill this niche in the market, lenders offer Buy to Let mortgages.  These mortgages allow investors to purchase a property with very little outlay, sometimes as little as 15% of a property’s purchase price.

Please be aware that during rental void periods that any mortgage will still have to be paid. We would strongly recommend that you seek the advice of a suitably qualified accountant regarding taxation implications.

The Financial Conduct Authority does not regulate most Buy to Let mortgages.

If you have any queries or would like more information, please don’t hesitate to contact us.

Please click to download Inglenook Finance Services – Buy To Let.