mortgage finder uk : The Buy-To-Let Market

2008-04-28 12:01:47

( Financial )



If you are looking for a mortgage in the uk, go to a mortgage lender uk where you can also find a loan comparison uk.

But you can also find a lot of other information on a mortgage finder uk.

For example on a mortgage finder uk you might find information about the buy-to-let market uk.

At the moment, buy-to-let investors are urged to think long-term. Don’t look for a quick return. Because of market changes if you want to succeed as an investor you need to engage in a lot of research as well as not rushing into buying. In the past the tendency was to rush blindly into buying – but in fact you should look at at least fifty properties and then choose between the best three properties.

Many people bought buy-to-let speculatively because of short term price risks. But in fact you should look at at least a 15 term period.

Another aspect of buy-to-let that might be discussed on a mortgage finder uk is the fact that the global credit crunch means that the buy-to-let market in the uk will boom, not bust, because people who might think of buying houses rather carry on renting.

Not only this but mortgage lenders are becoming more rigid about their lending terms. Consequently rejections for mortgage applications have increased by 60% recently and so potential buyers are forced to rent. Thousands of people who want to buy homes are spending time in the rental sector to see how the market changes. But while there has been a slump in new mortgage for house buyers, lenders are more optimistic about giving buy-to-let mortgages because the represent less of a risk.

Statistics say that the repossession and arrears rate for buy-to-let investors is not as high as for residential because they generate income. Also because experienced portfolio landlords are usually older as well as having more income and a greater asset base –these factors are lacking amongst residential buyers.


All rights Reserved © Tradenet Services srl
Do not duplicate or redistribute in any form.