Buy-to-Let mortgages are subject to the usual status checks. Loans can be arranged for terms of between five and 45 years and for up to 85% of the value of the property.

Gross returns - the rent received before taking account of the cost of letting - such as management fees, maintenance, service charges ground rents and insurance varies between 7% and 10%. This can be less for very expensive properties.

The average rental return in Britain today hovers around the 10% mark, and capital appreciation is likely to match, if not exceed, inflation for the foreseeable future.

As a rule of thumb, the gross rents should be between 125% and 150% of the monthly mortgage payments.

N.B. Your home may be repossessed if you do not keep up repayments on your mortgage.

For more information, please contact us on 0191 488 8445
or use this email link. office@hrcgroup.net