Real estate is one of the best investments one could ever make. Rental properties can be fabulous investments. However, finding funding to purchase a piece of property can make people shy away from wanting to become a landlord. That’s where Buy-to-Let Mortgages could be a great resource for those looking to make a real estate purchase. These types of mortgages are becoming more and more popular. With interest rates lowering over the past few years these types of mortgages have become much more affordable.
Buy-to-Let mortgages are priced right. Some of these companies are allowing up to 85% funding on Buy-to-Let Mortgages for purchase. There is fierce competition between the lenders, which the borrower ends up benefiting from. With each lender having different rental and lending criteria to meet, in addition to thousands of products, it’s best to do your homework and work with someone who can lead you in the right direction. There are even Buy-to-Let remortgages for those who would like to refinance which one can extremely benefit from – but do your homework on these as well.