Buy to Let
Buy to Let Mortgage UK
Entering the buy to let mortgage UK can be an extremely good way of investing spare money to generate revenue. It can also be an effective way of leveraging a good credit rating to increase revenue further. If you decide to enter into the market the biggest single factor that will determine the return you make on your investment is the property itself. It sounds obvious but it is essential that you choose the right property.
You need to have clear view of what you want to achieve and an in-depth knowledge of the property market in the area where you are considering investing. Is the area suitable for families, young professionals or any other group that you are targeting as tenants. A knowledge of local amenities and planning decisions that may affect your property from a tenant and landlords perspective is also essential when making a decision to buy to let.
There is also a choice to be made between a new property or an older one that may be in need of some refurbishment and either choice will have an impact on the return you expect from your investment.