Buy-To-Let Mortgages: Protect Your Yield
June 22nd, 2008
As rental yields from buy-to-let properties continue to slow, think about remortgaging as a way to get more money from your investment.
It is not just the mortgage you have on your own home that you should consider remortgaging to get a better deal. What about your buy-to-let properties? How would an increase of over £200 per month on your repayments affect the profit you would make on your buy-to-let investment?
Perhaps it would mean you would make a loss. As a buy-to-let investor, you will find it harder than most to find a good deal with roughly 70% of buy-to-let deals being withdrawn and lenders tightening their criteria by asking for at least 125% rental cover. But there is help at hand. At Torquil Clark Mortgages, we also offer expert help to buy-to-let investors by looking at the whole of the market to find the best deal in order for you to get better returns from your investment.
To speak to one of our independent mortgage advisers or to join our Mortgage Club, call 0800 294 7142.
Author: Jenny Challenor
June 22nd, 2008
Category: Mortgages.
