INVESTMENT SUCCESS REQUIRES THE RIGHT MORTGAGE

In today’s low interest rate World, investors are turning their attention to the Buy-To-Let market to achieve returns, and here at Fowley Mortgage & Financial Services we have access to both mainstream and specialist lenders in this field, as well as exclusive deals that can’t be found outside our whole-of-market sourcing system. We have the knowledge to get you the best mortgage deal to help optimise your investment margin

SOME FRIENDLY WORDS OF CAUTION

The Buy-To-Let market is very different from the residential market, and is for investors who have made ample preparations before making a commitment. Lenders typically require a higher deposit, and rental income usually needs to satisfy a certain multiple of the mortgage interest (often referred to as the ICR, or Interest Cover Ratio), so it’s important to understand that you won’t achieve the same terms as with a residential mortgage. You can usually expect higher interest rates and arrangement fees, and of course on top of this it is crucial to gain a full understanding of the tax implications of your investment. And remember, as with all investments it’s important to fully understand the nature of the risks involved and whether you can accept them. Perhaps explore some possible negative scenarios to gain an understanding of your tolerance to the risks involved and how you might mitigate them, to really make sure that being a landlord fits your character and psychological profile. After-all, some of us aren’t designed to be landlords!!

TO END ON A POSTIVE NOTE!

If you’ve done your research and you’re happy with the potential risks and returns, we’ll be here to help you realise your investment plan with a Buy-To-Let mortgage. The personal service our clients receive is committed, thorough, and unwavering throughout the mortgage sourcing and application journey. Contact Us today to see how we can be of service to you

NOT ALL BUY TO LET MORTGAGES ARE REGULATED BY THE FINANCIAL CONDUCT AUTHORITY