Historically, getting any type of mortgage for a property above a commercial address has proved tricky. But does that mean buying this type of property is a non-starter or is it worth seeking a lender who offers these types of mortgages? Here, we look at the pros and cons of owning a buy-to-let property above …
Buy-to-let property above a commercial address: pros and cons Read More »
There is more than one way to invest in a buy-to-let property, with houses of multiple occupation (HMO) an alternative to a traditional single-let property. But why do some landlords choose HMOs over the other options available? Houses of multiple occupation (HMO) provide an alternative to traditional single-let buy-to-lets. And with multiple tenancies, there may …
Rental yields calculated using Molo’s data. The data used in Molo’s rental yield calculator is based on Molo’s own internal data and is for general information purposes only. It is not necessarily a representation of the UK market. Property prices and monthly rents fluctuate. Last updated September 2023. × Dismiss this alert. Where does property …
Top 10 locations where property buys itself back Read More »
Rental yields calculated using Molo’s data. The data used in Molo’s rental yield calculator is based on Molo’s own internal data and is for general information purposes only. It is not necessarily a representation of the UK market. Property prices and monthly rents fluctuate. Last updated September 2023. × Dismiss this alert. There are many …
Alongside Bristol, Manchester is the UK’s highest growing city for real estate. Not only that, but a growing population of young professionals, three esteemed universities and significant regeneration have put Manchester firmly on the map of investors. Indeed, it’s often regarded as one of the best places for buy-to-let in the UK. These factors combined …
Is Manchester still a good city for a buy-to-let investment? Read More »
The likes of Airbnb have led to an increase in holiday lets. Data from the HMRC shows that the average income declared on a holiday let exceeded that of a long-term let during the previous 2020/21 tax year for the first time ever since records began in 2011. So are holiday-lets a good idea for …
Pros and cons of renting out a holiday-let property Read More »
So you’ve begun your mortgage application and provided all the necessary information. What comes next? That would be the underwriting process, which for all intents and purposes is one of the final stages of the process before your mortgage offer is issued. Here, we bring you everything you need to know about mortgage underwriting, including …
As we step into 2024, buy-to-let is firmly under the spotlight. With rising interest rates and uncertainty over new legislation, you might be thinking the current climate isn’t ideal for investing. And while only you and only you can make the decision as to whether 2024 is a good time to invest, we’re focusing on …
Whether you’re retired, no longer working or are over 66 (official UK retirement age), you may be thinking about purchasing a buy-to-let property with a mortgage. But questions often arise over if it’s possible to get a mortgage during the later years of life or during early retirement. With that in mind, we’re looking at …
Pro: regular rental income (that seems to be rising) Letting a property offers a steady income stream and can enhance your savings or even serve as a retirement strategy. In 2022, Zoopla reported a “chronic imbalance” between rental supply and demand, leading to significant rent increases, especially in London, Manchester, and Glasgow, with rises of …
The Pros and Cons of Buy-to-Let Investments: Is It Right for You? Read More »
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