Buy-to-let can be an attractive income-generating investment, particularly when interest rates are low. As with any investment however, there are no guarantees. This Is Money have produced an interesting guide to the buy-to-let market. You can read the full article here.
These are their Top 10 Tips:
- Research the market
- Choose a promising area
- Do the maths
- Shop around for the best mortgage
- Think about your target tenant
- Don’t be over ambitious
- Consider looking further afield
- Haggle over price
- Know the pitfalls
- Consider how hands-on you want to be
If you would like to talk to us about buy-to-let or any other investment opportunity, contact us today for your free, no-obligation consultation.