Buy- to- Let purchases set to increase in 2015

Home ownership in the UK is set to fall below France for the first time after the boom in buy-to-let lending in the last 10 years.

More and more people in the UK have been pushed into the rental sector, allowing our continental neighbours to catch up, according to latest figures.

The fall in UK home ownership has been worsened by the 2008 financial crisis and is set to continue well into 2015.

If trends continue, a great deal more Britons will be renting for the first time since the early 1970’s.

Time to enter the Buy-to-Let market?

A large number of people in the UK are considering entering this market for many reasons.

Buy-to-Let properties offer…

-Interest only mortgages

-Good potential returns on capital invested

-Tax efficiency

-Attractive mortgage interest rates

-Potentially better returns than on offer at high street banks

These are just a few reasons why people are considering the buy-to-let market. If you are considering entering this market you should always seek advice on the types of mortgages available that best suit your needs. You will generally need a deposit of at least 25% this varies from lender to lender, contact us now for any assistance you may require.