Buy to let mortgages – A Good Time to Invest
Buy to let mortgages are obviously prevalent in the residential sector but many property investors are seeing ample benefits in branching out in to commercial property as the residential market continues to flounder. Many landlords are choosing to utilise buy to let mortgages to purchase business premises and renting them out to new and already established companies.
Buy to let mortgages
– From Office Blocks to Restaurants
By purchasing business premises, property investors are adding potentially extremely profitable property to their portfolios and buy to let mortgages are being utilised to fund these purchases. Peter Jones, the millionaire property investor, when speaking to the Times, stated that “This year looks like it will be a time to snap up a good deal. Next year we will be looking back on 2008 as a good buying opportunity.” This appears to be the general consensus amongst many property experts and the number of buy to let mortgages for commercial properties are set to soar in 2008. The sheer variety of property types that can be purchased with buy to let mortgages makes them an attractive proposition for investors. On top of the purchase of offices, they can be used to buy pubs, restaurants, leisure centres, farmland and much more.
Buy to let mortgages –
Making the Most of Your Investment
When opting to use buy to let mortgages to fund the purchase of a commercial property, most landlords aim to ensure that the subsequent mortgage rate covers the mortgage by at least 130%. This level of return will be seen as a good investment from those with expansive property portfolios and they will be able to potentially line up more business premises on buy to let mortgages on the back of the profits they are garnering from their existing property portfolio.
Speak To Swift
Property Finance about Buy to Let Mortgages
Swift Property Finance are delighted to be considered specialists in the property finance field and are pleased to go that extra mile on behalf of our customers. Offering everything from bridging loans to property investment finance and expert advice from experienced brokers, Swift Property Finance is at the forefront of the industry. Offering over 15 years experience in the property field and providing an impressive list of lending sources ranging from major banks to wealthy private investors. For more information, simply call 0845 680 0609.
Commercial Mortgages