- Leeds: 0113 320 0720
- York: 01904 500502
- Durham: 0191 580 0566
- Stockton-on-Tees: 01482 240224
When you choose a mortgage, you/ll need to think about the repayment method, interest rate and special features.
The best one for you will depend on your needs and circumstances, so it is important to understand your options.
We have expert advisers on hand to help you through the decision making process, but in the meantime here is our guide on buy to let mortgaes.
As the U.K. economy moves towards recovery, many investors are considering property as an investment.
Many mortgage specialists and journals report that now is an ideal time to enter the buy-to-rent market with a buy-to-let mortgage for a number of key reasons. Firstly, mortgage rates are low, so therefore the cost of borrowing is cheap. Next, the economy continues to go from strength to strength and this growth is expected to continue. So this means that property is an attractive longer-term investment, particularly in light of stock market volatility.
According to Mortgage Introducer, the Bank of England and Nationwide are forecasting good returns for property investors in the next five to 25 years. One has to choose timing very carefully. Investors who entered the market in 2007 actually suffered losses in the first two years. However, experts say that the current upswing means that now is the time to reap a capital gain on property investment.
If you want to explore the opportunities that a buy-to-let mortgage can offer, Will Assist Mortgages can work for you and get the best possible mortgage that will suit your requirements and budget.
We can help protect you against many of the pitfalls that buy-to-let mortgage customers fell into during the last buy-to-rent boom. It is important that you protect yourself as much as possible against increasing mortgage rates â€" and this is bound to happen given that rates are currently low. As well, high fees can surprise investors, and we can seek out mortgages that offer the best possible value for money.
Will Assist Mortgages have qualified and independent mortgage advisors who can work with you to understand your investment strategy, what you want to obtain, as well as the proposed length of your investment. I can also help with advice on buy-to-let, such as explaining how it is important to research the market, select the best possible location and target tenants.
Many prospective investors who are new to property investment are often ambitious and over-stretch themselves. Our advice and understanding of your capital, requirements and desired return will help you to protect yourself from sudden changes in the market.
We have the ability to search through hundreds of mortgage products and find the right one for you. The mortgage payment plan will suit your budget and current financial situation. Remember, there are no guarantees when it comes to buy-to-let and a changing market in the future means that it may not be possible to always let the property, or have rental income cover the mortgage payments. But a careful and well-thought-out strategy developed with you and Will Assist Mortgages will see you on the way to making the right decisions for your current circumstances, and the best plans for the future.
75a Devonshire Ave,
Tel: 0113 320 0720
We do our best to make sure there is a qualified advisor always available to speak with you and provide a free telephone consultation! Call Leeds: 0113 320 0720 - York: 01904 500502 - Durham: 0191 580 0566 - Stockton-on-Tees: 01482 240224 now .
Suite 1, Devonshire House, Devonshire Avenue, Leeds, LS8 1AY.
Tel: 0800 270 7074
Fax: 0844 686 9555
VAT Number: 982074308
The York Eco Business Centre,
Amy Johnson Way,
Tel: 01904 500502
City West Business Park,
St Johns Rd,
Tel: 0191 580 0566
75a Devonshire Ave,
Tel: 0113 320 0720
47 Aiskew Grove,
Tel: 01482 240224