Buy to Let
For many people Buy to Let is becoming a mainstream alternative to traditional investments such as pensions and the stock market. Mintel reports that 3% of homeowners are considering buying another property to let by 2010, doubling the number of current landlords. Tanveer Karim, Commercial Director says “Despite the tax relief benefits, many people today are exchanging their traditional pension for property. With pensions not offering their previous returns and the real cost of living accelerating at an alarming rate, property investment continues to grow in popularity as an alternative investment vehicle.”
In 2006, Buy to Let lending accounted for 11% of all mortgage lending figures and the Council of Mortgage lenders (CML) revealed the buy-to-let sector turnover amounted to £38.4 billion of all mortgages processed. Historically low interest rates and less restrictive tenancy agreements have all helped fuel the buy-to-let market. Mortgage lenders have grown more confident in the buy-to-let sector and they are currently offering more attractive buy-to-let mortgage deals. Ying Tan, Managing Director comments “Investors are seeing the benefits of investing in bricks and mortar and good returns in the buy-to-let market continue to be achieved by the astute investor, as long as you manage your risks, and conduct thorough due diligence. Our only word of warning would be to keep an eye on the ever changing legislation which can catch out the uninitiated”.
Recognising the opportunity in the marketplace, The Buy to Let Business was recently established as a buy to let mortgage specialist by three very successful and experienced property entrepreneurs. Drawing on their own experience in the market place, they are able to provide sound property investment advice in conjunction with the best mortgage products to landlords of varying experience. They also understand the necessity for the best possible service levels and speed of mortgage offer, which form key drivers of the business. Chris Hedley Financial Director states “we help our clients to build substantial, profitable portfolios using innovative financing and the power of leveraging.”
The Buy to Let Business offer today’s best rates on Buy To Let mortgages and take pride in their exemplary attention to customer service. Helping you to create a wealth building portfolio and finding better ways to invest your money. LOW Rates from 4.84%, FREE Mortgage Advice, Call Today on 01283 564441 or visit :
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