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It is good to keep in mind that most landlords will not earn a huge profit from the rental income alone; it is a long-term investment that is usually earnt through the sale of the property as they rise in value across time.
Investing in a BTL property provides you with extra income on top of what you are already earning, as well as benefitting from the property if the value rises over the time you own it. Unlike stocks and shares, you have more control over the investment, such as modernising and letting efficiently, which can all influence how the property can increase in value.
Property investment is just one way to start or grow your investment portfolio. A buy to let mortgage expands your property ownership into a role and an income.
Buy to Let mortgages are usually more expensive
than regular mortgages, and because of the nature
of letting, can be a risky business in terms of earning
potential.
However, with the right information and guidance,
investing in a Buy to Let property can be the perfect
way for a contractor to boost income.
Take a look at the example return on investment you could expect to see.
We’re here to help contractors and other independent professionals get the mortgage they deserve. Call us on 01489 223 952. We’re open Monday to Friday 9am to 7pm and Friday from 9am to 5pm. Alternatively, fill in your details below and one of our Specialist Advisers will call you back at a time that’s convenient for you.
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