Buy to Let

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

Gone are the days where you could expect a good yield and nice monthly income from a buy to let on almost any property you purchased and let out. You could also enjoy a nice capital return on the rising value of your investment. Post credit crunch, it requires specialist knowledge of lenders and the market place to ensure you are getting a buy to let on terms which are acceptable to you, and not falling foul of an investment which isn't working for you.

Owning an investment property carries responsibilities and costs and success is not guaranteed. Carefully selecting a property that has strong income or capital growth potential is a much better strategy than just hoping that the property market will continue to rise.

In many instances the buy to let purchase may involve refinancing other property including the main residence. This needs to be done carefully to avoid incurring penalty and taking affordability into account.

Our advisers use their specialist knowledge of the market to find the right structure for your circumstances whether you have one buy to let, or an extensive portfolio of properties. This sometimes involves using lenders who fund generously based on a property's rental potential. It can also involve taking advantage of a new build developer discount using the existing equity in the property created by the reduced purchase price as part of your deposit.

What people rent is different to what they would buy. They'll choose different areas, have different priorities and expect different facilities. Not every property is suitable for an investment of this kind.

The advisers at TWP Wealth Management have a solid reputation within the Buy-to-let sector through our extensive client bank and we've enabled many people to build significant portfolios. Whether you're buying your first property or your tenth, we have the practical experience you need to obtain the most suitable mortgage for your circumstances.

A fee of up to 1% of the loan amount or facility may be charged, and payable on offer of your mortgage. For example, on a loan of £100,000 the maximum fee payable would be £1,000. We may also receive commission from the lender.

Some buy to let mortgages are not regulated by the FSA.