(covering reddish, dane bank, denton, debdale and gorton)

Category: buy to let finance

Continue Reading

do you have a property to let?

There are just three weeks left until our summer time offer comes to an end, If you’re interested in discussing our lettings services give me a call on; 0161 443 4022.

Continue Reading

Property remains the most popular investment choice

With savers continuing to receive poor returns from banks and building societies, thousands of people unsurprisingly continue to turn to residential property as a means of supplementing their income, supported by record-low mortgage borrowing rates, solid demand from tenants and stable yields, as buy-to-let consolidates itself as the investment of choice.

Continue Reading

What landlords need to think about for 2018

It looks as though 2018 will be a mixed year for landlords. Some will start to feel the pinch of the legislation that’s recently come into force, such as the loss of mortgage interest relief, while a number of tenants may give notice, due to incentives to buy. At the same time, there are likely to be some good deals around for landlords looking to expand their portfolios. For the rest, who may not have the means to buy in the next 12 months, it’s a good opportunity to take stock of their portfolio and make small improvements where needed to help translate rental income into better profits.

Continue Reading

How does rental income affect the amount you can borrow?

The relationship between rental income and the amount you can borrow to finance your investment is one of the most important.

One of the first checks lenders make when you apply for a buy-to-let mortgage is whether the rental income is high enough to cover the repayments and associated costs of letting the property.

Although it can vary, lenders usually want rental income to be 125-130 per cent of the amount you repay on the mortgage each month. Knowing this, it makes sense for you to check these figures for yourself, before you apply, by following these steps:

Continue Reading
Continue Reading

New rules on borrowing for portfolio buy-to-let investors

From the 30th September this year, landlords with four or more buy-to-let properties will have to satisfy different criteria to secure mortgage borrowing, as they will be considered ‘portfolio investors’ under new rules being introduced by the Prudential Regulation Authority.

Continue Reading

Potential Development Opportunity – South Reddish

Hass explains the potential of this rare development opportunity in South Reddish. Call him directly on 0161 443 4020 to register your interest.

Hass explains the potential of this rare development opportunity in South Reddish. Call him directly on 01614434020 to register your interest.

Posted by Julian Wadden Estate and Lettings Agents on Monday, August 21, 2017

 

Continue Reading

Are Student Lets a Good Investment?

Although letting to students used to be considered the bottom of the buy to let market, it’s a very different proposition today. That’s because three key shifts have taken place in the market over the last decade: increased health and safety legislation for all rented properties, the expectation of a better standard of living from this generation of students and the growth of institutional investment.  

Continue Reading
Continue Reading