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Buy To Let/Let to Buy
Buy To Let
the property shop Estate Agents provides a
complete Buy to Let service under one roof, allowing you
more time to get on with Your Busy Life!
PRE-PURCHASE
- A lettings department that can give expert free local
advice on the likely rental values that you can derive
from your Buy to Let purchase.
- Expert advice on the best Buy To Let mortgages
available from our office based Mortgage Consultants
- Sales representatives on hand to provide key
information and marketing literature on a wide range of
suitable Buy to Let Property.
POST PURCHASE
- A team of lettings professionals that can find
suitable credit checked tenants – fast
- Unique Rent Guarantee policy available – therefore
complying with many lenders criteria
- Specialist Landlords Buildings and Contents
Protection, plan available to help safeguard your
investment.
To find our more about how the property shop Estate Agents can make
investment buying easy, book your FREE no obligation
appointment with our Buy to Let Consultants today, in
our branch.
Let To Buy
What is Let To Buy?
"Let To Buy" is another service available to
customers which offers an alternative to the popular
"Buy To Let" option. A "Let To Buy" mortgage works
by allowing you to borrow money to buy a new home to
move into, while your existing residence is let out to
tenants.
- You can rent out your existing property in order to buy another home
locally or in a completely different location within the UK
- It's a really good way to retain your property if you're relocating as a
result of a job or change of circumstance for a period of time and have a need
to purchase a new property whilst you're away
- It's a way to retain your original property as an investment
and benefit from the mortgage being paid by the tenants
- It can be of real benefit when used to break the buyers and sellers chain if you
are having trouble selling your property or if you have little or no equity and
would rather wait before selling
- "Let To Buy" can be a stepping stone to building a portfolio of property that
you could reap dividend on in the future, acting like a form of long term
pension provision, once the mortgage on the property is paid off
The rules are different from "Buy To Let" as you may be able to borrow a higher
proportion of the property value, which means you may need a smaller deposit or
if you have plenty of equity in your current property possibly no deposit is
required at all.
SOME OTHER IMPORTANT POINTS TO CONSIDER
- It is a requirement by mortgage lenders that you inform them of your intention
to Let To Buy
- You must inform your building and contents insurer
- If your property is leasehold you will need to make sure that the freeholder has
no restrictions on the letting of your property
- It is important to speak to a qualified Mortgage Consultant to gain all the
facts before proceeding.
To find out more about how the property shop Estate Agents can help you with Let To Buy,
contact us today, or come in to our branch.
HOW the property shop Estate Agents CAN HELP
the property shop Estate Agents - Peace of mind in the knowledge that your property is in
safe hands
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