Buy to let mortgage for UK property investments
March 15, 2022
UK landlords may wish to use finance to leverage their property investment portfolio. One of the ways that they can do this is to use a bank and choose one of their buy-to-let mortgage products. A deposit is made, and the bank pays the remaining balance to the property vendor.
Why use a mortgage broker?
A mortgage broker can help landlords to fund a property investment purchase by showering significantly more buy-to-let products than you or your bank manager.
Choosing the right buy-to-let mortgage product for your property investments is essential for a successful landlord.
Landlords need to consider the number of years the buy-to-let mortgage product will last, the interest rate charged and the arrangement fees of the lender and the mortgage broker.
Landlords also need to consider how mortgage interest of the property buy to let mortgage product will be shown in their limited company accounts and self-assessment personal tax return due to the mortgage interest limits that HMRC have set
www.optimiseaccountants.co.uk
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