Mortgage 101's

How To Buy To Let In Dorset

How To Buy To Let In Dorset

How To Buy To Let In Dorset

How To Buy To Let In Dorset

Why Should You Invest in Property?

Why Should You Invest in Property?

Why Should You Invest in Property?

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Tuesday 26 April 2022

Tuesday 26 April 2022

Tuesday 26 April 2022

Tuesday 26 April 2022

If you’re looking to make your money work for you, property investment is an excellent way to generate passive income and build wealth over time. Many people choose property investment as it offers stability and long-term financial growth compared to other options like stocks. At Barrett Mortgages, we help you navigate this exciting venture and ensure your investment works for you.

Benefits of Investing in Property

  1. Better Returns Than Savings Accounts
    With current savings account interest rates being low, investing in property allows your money to grow at a much faster rate.

  2. Capital Growth Through Rising House Prices
    Property values tend to increase over time, adding to your wealth as your investment appreciates.

  3. Monthly Rental Income
    Renting out your property generates consistent income, creating a reliable revenue stream.

  4. Control Over Your Tenants
    As a landlord, you choose who you let your property to, giving you control over your investment's success.

How to Buy to Let in Dorset

A buy-to-let property is a powerful tool for income generation when approached strategically. Serious landlords who can build a robust business plan and understand their market thrive in this field. To secure a mortgage for a buy-to-let property, lenders need to see a clear plan covering:

  • Target Audience: Who you will rent the property to.

  • Location: Whether the property is in a desirable area.

  • Reasoning: Why the chosen property aligns with your financial goals.

By meeting these criteria, you demonstrate to lenders that their investment in your venture is secure.

Buy-to-Let Mortgages: What You Need to Know

Buy-to-let mortgages differ from residential mortgages in a few key ways:

  1. Higher Interest Rates: These reflect the additional risk lenders take on.

  2. Higher Loan-to-Value Ratios: Banks expect investors to contribute a larger deposit, showing commitment.

  3. Interest-Only Options: Many buy-to-let mortgages are interest-only, helping maximise your rental income by reducing monthly outgoings. However, this means the loan capital will need to be repaid at the end of the term.

Contact Us for Buy-to-Let Advice in Dorset

At Barrett Mortgages, we offer expert advice tailored to your unique goals as a property investor. Whether you’re looking to make your first buy-to-let purchase or expand your property portfolio, our experienced advisors are here to help.

Why Choose Us?

  • Access to market-leading buy-to-let products.

  • Portfolio advice to maximise your returns.

  • A commitment to finding you the best possible deal.

Contact us today at 01202 733809 or email enquiries@barrettmortgages.com to discuss your property investment plans. Visit our Google Reviews to see what our clients have to say.

If you’re looking to make your money work for you, property investment is an excellent way to generate passive income and build wealth over time. Many people choose property investment as it offers stability and long-term financial growth compared to other options like stocks. At Barrett Mortgages, we help you navigate this exciting venture and ensure your investment works for you.

Benefits of Investing in Property

  1. Better Returns Than Savings Accounts
    With current savings account interest rates being low, investing in property allows your money to grow at a much faster rate.

  2. Capital Growth Through Rising House Prices
    Property values tend to increase over time, adding to your wealth as your investment appreciates.

  3. Monthly Rental Income
    Renting out your property generates consistent income, creating a reliable revenue stream.

  4. Control Over Your Tenants
    As a landlord, you choose who you let your property to, giving you control over your investment's success.

How to Buy to Let in Dorset

A buy-to-let property is a powerful tool for income generation when approached strategically. Serious landlords who can build a robust business plan and understand their market thrive in this field. To secure a mortgage for a buy-to-let property, lenders need to see a clear plan covering:

  • Target Audience: Who you will rent the property to.

  • Location: Whether the property is in a desirable area.

  • Reasoning: Why the chosen property aligns with your financial goals.

By meeting these criteria, you demonstrate to lenders that their investment in your venture is secure.

Buy-to-Let Mortgages: What You Need to Know

Buy-to-let mortgages differ from residential mortgages in a few key ways:

  1. Higher Interest Rates: These reflect the additional risk lenders take on.

  2. Higher Loan-to-Value Ratios: Banks expect investors to contribute a larger deposit, showing commitment.

  3. Interest-Only Options: Many buy-to-let mortgages are interest-only, helping maximise your rental income by reducing monthly outgoings. However, this means the loan capital will need to be repaid at the end of the term.

Contact Us for Buy-to-Let Advice in Dorset

At Barrett Mortgages, we offer expert advice tailored to your unique goals as a property investor. Whether you’re looking to make your first buy-to-let purchase or expand your property portfolio, our experienced advisors are here to help.

Why Choose Us?

  • Access to market-leading buy-to-let products.

  • Portfolio advice to maximise your returns.

  • A commitment to finding you the best possible deal.

Contact us today at 01202 733809 or email enquiries@barrettmortgages.com to discuss your property investment plans. Visit our Google Reviews to see what our clients have to say.

Click. Chat. Complete.

Click now to connect with our team. After discussing your circumstances, we’ll recommend the best path to completion.

Click. Chat. Complete.

Click now to connect with our team. After discussing your circumstances, we’ll recommend the best path to completion.

Click. Chat. Complete.

Click now to connect with our team. After discussing your circumstances, we’ll recommend the best path to completion.

Click. Chat. Complete.

Click now to connect with our team. After discussing your circumstances, we’ll recommend the best path to completion.

Click. Chat. Complete.

Click now to connect with our team. After discussing your circumstances, we’ll recommend the best path to completion.

© 2024 Barrett Mortgages. All rights reserved.

*Fees Free Remortgage” refers to the lender paying for the valuation fee and basic legal fees other cost & fees may apply.

**£50 cash referral fee payments are Subject to discretion and can be withdrawn at any time**

***Please note that some forms of Buy-To-Let mortgages are not regulated by the FCA

****For commercial lending, bridging finance, and second charge loans, we refer clients to trusted third-party specialists.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There will be a fee for this advice. The exact amount will depend upon your circumstances but we estimate it will be £295 and will only be payable on completion of the loan.

Barrett Mortgages is a trading style of Barrett Mortgages LTD who is an Appointed Representative of Mortgage Next Network ltd which is authorised and regulated by the Financial Conduct Authority under number 300866 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW Registered in England & Wales under number 10985778.

Copyright 2024 Barrett Mortgages | All Rights Reserved.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm).

© 2024 Barrett Mortgages. All rights reserved.

*Fees Free Remortgage” refers to the lender paying for the valuation fee and basic legal fees other cost & fees may apply.

**£50 cash referral fee payments are Subject to discretion and can be withdrawn at any time**

***Please note that some forms of Buy-To-Let mortgages are not regulated by the FCA

****For commercial lending, bridging finance, and second charge loans, we refer clients to trusted third-party specialists.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There will be a fee for this advice. The exact amount will depend upon your circumstances but we estimate it will be £295 and will only be payable on completion of the loan.

Barrett Mortgages is a trading style of Barrett Mortgages LTD who is an Appointed Representative of Mortgage Next Network ltd which is authorised and regulated by the Financial Conduct Authority under number 300866 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW Registered in England & Wales under number 10985778.

Copyright 2024 Barrett Mortgages | All Rights Reserved.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm).

© 2024 Barrett Mortgages. All rights reserved.

*Fees Free Remortgage” refers to the lender paying for the valuation fee and basic legal fees other cost & fees may apply.

**£50 cash referral fee payments are Subject to discretion and can be withdrawn at any time**

***Please note that some forms of Buy-To-Let mortgages are not regulated by the FCA

****For commercial lending, bridging finance, and second charge loans, we refer clients to trusted third-party specialists.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There will be a fee for this advice. The exact amount will depend upon your circumstances but we estimate it will be £295 and will only be payable on completion of the loan.

Barrett Mortgages is a trading style of Barrett Mortgages LTD who is an Appointed Representative of Mortgage Next Network ltd which is authorised and regulated by the Financial Conduct Authority under number 300866 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW Registered in England & Wales under number 10985778.

Copyright 2024 Barrett Mortgages | All Rights Reserved.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm).

© 2024 Barrett Mortgages. All rights reserved.

*Fees Free Remortgage” refers to the lender paying for the valuation fee and basic legal fees other cost & fees may apply.

**£50 cash referral fee payments are Subject to discretion and can be withdrawn at any time**

***Please note that some forms of Buy-To-Let mortgages are not regulated by the FCA

****For commercial lending, bridging finance, and second charge loans, we refer clients to trusted third-party specialists.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There will be a fee for this advice. The exact amount will depend upon your circumstances but we estimate it will be £295 and will only be payable on completion of the loan.

Barrett Mortgages is a trading style of Barrett Mortgages LTD who is an Appointed Representative of Mortgage Next Network ltd which is authorised and regulated by the Financial Conduct Authority under number 300866 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW Registered in England & Wales under number 10985778.

Copyright 2024 Barrett Mortgages | All Rights Reserved.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm).

© 2024 Barrett Mortgages. All rights reserved.

*Fees Free Remortgage” refers to the lender paying for the valuation fee and basic legal fees other cost & fees may apply.

**£50 cash referral fee payments are Subject to discretion and can be withdrawn at any time**

***Please note that some forms of Buy-To-Let mortgages are not regulated by the FCA

****For commercial lending, bridging finance, and second charge loans, we refer clients to trusted third-party specialists.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
There will be a fee for this advice. The exact amount will depend upon your circumstances but we estimate it will be £295 and will only be payable on completion of the loan.

Barrett Mortgages is a trading style of Barrett Mortgages LTD who is an Appointed Representative of Mortgage Next Network ltd which is authorised and regulated by the Financial Conduct Authority under number 300866 in respect of mortgage, insurance and consumer credit mediation activities only.

Registered address: Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW Registered in England & Wales under number 10985778.

Copyright 2024 Barrett Mortgages | All Rights Reserved.

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm).