Becoming a landlord offers so many benefits

Landlord Expert
By Landlord Expert June 6, 2011 16:16

Good deals are available for those with enough money to invest in a buy to let arrangement.  This is especially a good target area if you are planning a remortgage anytime soon.  The fact that the base rate remains extremely low and lenders are offering attractive deals makes it an opportune time to look into a buy to let property.

A buy to let property is considered by many to be an excellent investment for those who are able to afford it.  For many who are in the process of a remortgage that possibly could not afford a buy to let before, now is the time to look into it.  The extra cash which will be freed up through the remortgage process is many times enough to afford the deposit on a buy to let property.

The advantage one has now compared with other economic times, for a buy to let purchase, is threefold.  First, the interest rate is at a historically low level, and will remain there for an estimated several more months.  Second, lenders are offering very competitive deals for buy to let arrangements as well as other types of remortgage loans.  Third, property prices have been in free fall for several months now and look as though they will continue to be even more affordable than they are now.

The buy to let market should expect to see high amounts of activity for several months.  When it comes to investing, there are just too many favorable points about the market which cannot be ignored.

Landlord Expert
By Landlord Expert June 6, 2011 16:16

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