Phone:01992 500800 | info@eversley.co.uk
Buy to Let
Buy To Let Mortgages
Buy to let is no longer the hot property it used to be, and many investors who bought in recent years have struggled as mortgage rates increased.
Existing investors should now be benefitting from lower rates if they have fallen on to their lender's standard variable rate, however, new mortgage deals remain expensive and industry experts acknowledge that now is a tough time for buy to let.
However, with lower property prices, it's still tempting for those who stick to the tried and tested method of investing for rental returns rather than capital growth.
If investors are willing to see the value of their property slide in the short term and ensure their property meets the criteria of at least 75% to 85% loan-to-value and returning 125% of monthly mortgage payments, buy to let can continue to be a good long-term investment.
Like any investment, buy to let comes with no guarantees, but can be more reassuring for those who have more faith in bricks and mortar than the stock market.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
For mortgage business we do not charge a fee. We will be paid by commission from the lender.
Mortgage & Equity Release
Mortgage Calc
Company address: Eversley Estate Planners Ltd - 19-21 Bull Plain, Hertford, SG14 1DX
T: 01992 500800
F: 01992 500444
Email: info@eversley.co.uk
Registration address as company address
Registration number: 05254380
Registered in: England
Eversley Estate Planners Ltd is authorised and regulated by The Financial Services Authority. Eversley Estate Planners Ltd is entered on the FSA register (www.fsa.gov.uk/register/) under reference 460399.
The Financial Services Authority do not regulate Will Writing, Loans, Credit Cards, or some forms of Mortgage, Tax Advice, Offshore Investments, Estate Planning.