Buy-to-let: Britain’s Buy to Let hotspots
The Buy-to-Let market has gone through some periods of change in the last few years, but there are many reasons a Buy-to-Let could be a great choice for you.
- You could earn rental income between 3% & 8% depending on the area.**
- At the same time, you could generate capital growth as your money grows as your property value increases.
- You can take out insurance to cover against loss of rental income, damage and legal costs.
Another beauty of Buy-to-Let purchases, is that you don’t have to be restricted by geographical location, as you’ll not be living there personally. If you wish to remain a hands-on landlord however, you may wish to pick something local.
So besides remaining a hands-on landlord, how do you know where is a good place to look at purchasing a Buy-to-Let? Take a look at our handy hotspot helpsheet for Buy-to-Lets here.
Get in touch if you’re ready to discuss your buy-to-let mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage. Some forms of Buy to Let mortgages are not regulated by the Financial Conduct Authority. A fee may be charged for mortgage advice. The exact amount will depend on your circumstances.