Equity Release for Buy to Let Property
Equity Release Line
0808 156 2670
Equity Release for Buy to Let Property
If you have equity in property, one way to make it work for you could be to use it for a buy-to-let property through an equity release scheme.
Unlocking the equity in your home for another property could potentially give you an excellent long term investment. You could stand to benefit both in terms of the rental income and possible capital growth as the market value of the property increases. In the future, if the market continues to rise, you could then release further equity and use this for another buy-to-let and so on, and build up a property portfolio.
Becoming a landlord however, is not necessarily easy money. Your property must be well maintained and must by law comply with a number of criteria. If you use an agent or property management company to find and vet tenants and to manage the property, they will probably charge an upfront finding fee and a percentage of each month’s rent.
Before making the decision to buy a property, talk to local estate agents about your plans for renting it. They will be able to advise you on the types of properties for which there is demand in the area and how much rent you can expect to charge.
To find out more about releasing the equity in your home for buying a rental property, please complete an Equity Release Mortgage Enquiry Form and we will arrange for one of our advisers to contact you. Or you could call us on 0808 156 2670.
Equity Release Options
Browse our equity release guides or call us on 0808 156 2670 for a free consultation.
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