Tuesday, November 25th, 2014
As the UK housing market continues its recovery Buy to Let properties are becoming increasingly popular as many people have decided to invest in property rather than using traditional investments such as stock and shares when planning their financial future. The increase in demand and popularity has also been fuelled as many would be homebuyers are unable to secure the mortgage they need to buy a property, so have to continue renting whilst saving a larger deposit.
This growth in rental demand coupled with some exceptionally good mortgage deals have presented many would be investors with an attractive opportunity to enjoy a healthy investment return. As such the number of landlords with more than one Buy to Let property in their portfolio has grown significantly as has the average rental yield.
Buy to Let mortgage brokers assist many people in finding the most competitive mortgage based on their individual circumstances and requirements. In recent years whilst savings rates have been relatively low more people have channelled their investment focus into property. Buy to Let mortgage brokers can help arrange the mortgage needed which will not only allow you more time to focus your efforts on the property itself but it will also ensure you secure the most competitive and most suitable mortgage deal available.
Specialist Buy to Let mortgage brokers will handle the process of sourcing, arranging and finalising any finance you need to fulfil the investment purchase whether you are a professional landlord with a large portfolio of properties, a relatively new landlord with just a few properties or you are considering investing in your first Buy to Let property.
In addition to searching the market to find the most suitable mortgage for you, a Buy to Let mortgage broker can also help landlords manage the mortgages on their existing portfolio. This in essence involves reviewing each Buy to Let mortgage when it approaches renewal so that the needs and priorities of the landlord can be reassessed to ensure a suitably competitive Buy to Let remortgage deal is recommended.
Caboodle Financial Services Ltd
240B Lichfield Road
Sutton Coldfield B74 2UD
Telephone: 0121 308 9114