Buy to let is a way to purchase a property with the purpose of letting it out. This type of investment should be considered if you like a medium to long term investment. As you are investing in something tangible, it will suit some investors more than others.
Understanding that being a landlord is not for everyone is an important consideration when looking to invest in property, as well as understanding that the property can go up as well as down in value.
Please be aware that from 6 April 2016 higher rates of Stamp Duty Land Tax will be applied to the purchase of additional residential and non-residential properties. For further information visit the Government website on the consultation. Please note, by clicking on the link you will be departing from the regulated site of ProtectMe. ProtectMe are not responsible for the accuracy of the information contained within the non-regulated site.
A mortgage is a loan secured against your property. Your home or property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
The Financial Conduct Authority does not regulate most forms of buy to let mortgage.