Buy-to-let is a popular investment for those looking to diversify their portfolio of savings or stocks and shares. However, it is an investment that comes with a level of responsibility most investors aren’t ready for.
As with any Investment, the purpose of investing is to maximise your return. Nonetheless, whether you are a first time landlord or an experienced portfolio investor, securing the correct finance is fundamental to achieving this aim. However, the money is really just a very small part of the process. The reality is that this type of investment comes with a social responsibility.
You are now responsible for the security and quality of somebody else’s home. That’s a big deal.
Here at That Mortgage Woman we have taken the decision not to advise on investment mortgages.
It’s a no from That Mortgage Woman
Why?
Our mission. here at That Mortgage Woman is to help as many people as possible become homeowners, so that they can enjoy the security of owning their own homes. Advising on investment property ownership is at odds with that vision, it gets in the way.
For two reasons:
- Often investment properties are the kinds of property first time buyers would also be considering. When more of this type of property are bought as investments, the less there are for first time buyers leading to a lack of affordable options for people looking to buy their first home.
- First time buyers often get trapped in the rental cycle. Rising rental costs mean they cannot save a deposit although they could afford the monthly repayments. As mortgage rates rise, so do rental costs, making it even harder for first time buyers to saver a deposit.
Our focus is advising on Residential Mortgages and providing Finance Education to help as many people as possible secure their first homes and stay on the property ladder. We have chosen to specialise in this
To find out more about our ethos, please click here.
Get in touch – We’re here to help…
If you require advice on Buy to Let, Investment Mortgages, we can refer you on to an Investment Mortgage Specialist who will be able to assist you! We might not do it, but we still want to make sure you’re getting great advice to achieve your investment goals!
Click here to share your details and we’ll point you in the right direction.
Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage. As with all insurance policies, conditions and exclusions will apply.