Buying to Let

Buying residential property to rent out privately has been hugely popular in recent years. Indeed, there are more than 275,000 properties in the UK with buy to let mortgages. They are popular because:

a) Property is a great longer-term investment.

b) Interest rates are low so buy-to-let mortgages are affordable.

c) There is plenty of demand for rental accommodation.

d) Mortgage lenders are offering competitive, specifically-designed buy to let packages to make life easy for the landlord. Buying-to-let can make sound investment sense, but do your homework before you begin.

How To Buy To Let

1. Work out the deposit available. You can only borrow 80 per cent loan to value, so your deposit will determine your price range.

2. Get advice from a local estate agent about types of property most likely to be let in the area and the level of rents paid. Read more›

Choosing A Property

When investing in a property to let, it is important not to allow your heart to rule your head.

When you buy-to-let, it is vital to do your homework thoroughly before you purchase a property. Remember, don't let your personal taste get in the way of the business proposition. You'll want to find a property at a reasonable price, which will be easy to rent, provide a good rental income, have minimal upkeep costs, and which should produce a long-term increase in value. Read more›

Costs Involved

When you buy an investment property to rent out privately, you will face different costs to those incurred buying your own home. Read more›

Tax Considerations

These are the major basic tax facts that effect buy-to-let landlords.

Please note that tax is a very complicated subject. Always consult an accountant or tax professional to determine your own tax position. Read more›