Kinetic Financial Solutions Mortgage Brokers For Essex | Rayleigh | Southend | Basildon | Grays | Benfleet
Buy to Let
Are you interested in becoming a property developer? Or do you already own a small number of properties but would like to increase your property portfolio?
Then this is the page for you.
Whether you are an experienced professional or you are looking to buy your first property we can tailor our service to meet your individual needs.
Why Buy to let?
Many people are buying to let as an alternative to the current poor performing pension or savings returns.
And why not? interest rates are low and there seems to be an abundance of tenants with a soaring divorce rate and more people living alone than ever before.
Why Buy to let?
Many people are buying to let as an alternative to the current poor performing pension or savings returns.
And why not? interest rates are low and there seems to be an abundance of tenants with a soaring divorce rate and more people living alone than ever before.
The boom is this sector which now accounts for 8% of total mortgage lending was made possible by the changes in the 1996 when the 1988 Housing Act, which created the Assured Shorthold Tenancies was improved and gave mortgage lenders the security they needed to lend to private individuals.
Who is doing it?
The typical private landlord tends to be someone in their late forties who is looking to suppliment their pension or savings. They are looking to buy between 1-2 properties and keep them for around 15-20 years.
The deposit required to obtain a buy to let mortgage typically comes from savings or is raised by way of a remortgage against their current residential home.
What are the benefits?
What you need to Know?
Returns have been very good over recent years with increases in property values out performing many other investments, buy to let mortgage arears the lowest in the market and an average rental blank of only two weeks, but how long can it last?.
Who is doing it?
The typical private landlord tends to be someone in their late forties who is looking to suppliment their pension or savings. They are looking to buy between 1-2 properties and keep them for around 15-20 years.
The deposit required to obtain a buy to let mortgage typically comes from savings or is raised by way of a remortgage against their current residential home.
What are the benefits?
What you need to Know?
Returns have been very good over recent years with increases in property values out performing many other investments, buy to let mortgage arears the lowest in the market and an average rental blank of only two weeks, but how long can it last?.
3.0 %