Record Number of Deals for First-Time Landlords


Record Number of Deals for First-Time Landlords

Market uncertainty is not deterring providers from offering first-time landlords an increasing number of deals, rising 13% since the start of the year, Moneyfacts research reveals.

Property Reporter’s Warren Lewis, also explains the average two-year fixed rate for first-time landlords has reduced, an additional draw for potential investors.

With favourable rates of return in politically and economically uncertain times, many people are investing in property.

However, it is important to be aware of the many regulations and tax changes. Charlotte Nelson of Moneyfacts says, that potential buyers also need to consider that “…Since September 2017, they face checks and questions about their finances…”

As a specialist mortgage broker, I agree, and thoroughly recommend researching offers before making a commitment to ensure you make the best possible investment.

You can read the full article published in Property Reporter

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