Income Buy to Let

Income Buy to Let - If you are looking for a way of managing your finances through property, the income buy to let mortgages can provide could be the ideal solution. Income from buy to let properties can produce regular payments on your investment, to either pay a mortgage on a property or for other means, assuming the property has a tenant.

For those reaching retirement age, finding a suitable buy to let property for rental purposes can provide regular income throughout your old age. As has been increasingly the case over the last 10 years, more landlord investors are using the income buy to let provides to widen their property portfolio. In most cases, buy to let mortgage eligibility is based on such income being at least 125% of mortgage payments. This gives lenders assurance that with sufficient income, buy to let mortgage payments can be made.

As with any income, buy to let rental incomes need to be carefully managed along side other incomes, and any mortgages they may be offset against. If you fit the requirements of lenders in terms of employment history, assets, debts and income, buy to let may be a smart investment opportunity for you, depending on your individual circumstance. Getting the right advice and recommendations are important for any decision to do with your finances; at Capital Fortune we make every effort to make sure we find the right financial products for your individual situation and plans for the future.

Call our mortgage broker team now on 0845 3 630 430 or complete the Mortgage Enquiry Online. As part of our service, we will call you back. .

The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.