Buy to Let Mortgages Tips

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Tips - Buy-to-let Mortgages

  • Not every property will generate enough rent to be a successful buy-to-let proposition. The most successful buy-to-let investors purchase properties they know close to home.

  • As a landlord, you will have to deal with repairs, complaints and tenants who fail to pay their rent. This can be time-consuming and costly.

  • Choose an interest only buy-to-let mortgage to generate higher profits, cover periods when the property is empty and pay for refurbishments. If any cash is left over, you can always repay some of the capital.

  • Before you consider a buy-to-let mortgage it is important to do your homework and understand the local housing market, the various types of mortgage available and the economic climate.

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