Read here to find out what a deduction in the bank rate means for landlords and their finances.Read on
: Archive - August 2016
At the end of 2015, we normally see various property price forecasts come through to guide us on how the market might perform in the following year.Read on
A ‘void’ is the period when a property lies empty between tenancies and is therefore not generating any rental income. Voids are regarded as one of the biggest things that can negatively impact a landlord’s profits and, unfortunately, they’re almost impossible to completely avoid.Read on
There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.