Buying A Second Property To Rent In Poole

If you are looking at buying a second property to rent out to make a bit of extra income. Our advisors will source from a suite of lenders and compare products to ensure you have the best mortgage that suits your individual circumstances. We understand investors need to maximise on income and ensure the right product to help you grow your investment portfolio. Our advisors will understand your needs whether you are looking for that 1-time investment, or if you want to build a portfolio of properties.

Since 2008 many have left the market and a few limped on realising that being a landlord is quite often demanding. There is still a place for serious investors who can work and think strategically to build up a business. If you are thinking of it as an investment strategy for the future, this page will give you some useful pointers.

With a buy to let property, you can’t use a conventional mortgage or insurance. A mortgage for rental property will typically have a much higher interest rate than a residential mortgage. The loan to value percentage is higher for a buy to let mortgage than for a residential mortgage. This shows that banks are interested in lending to serious investors who can have a higher percentage of the property. One aspect of the buy to let mortgage that makes life slightly easier for the purchaser is the fact that they are often interested only.

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