Covering the Bases

Rupert Smith of Complete RPI gives an overview for those looking at mortgage finance options in the UK residential market

UK Mortgage Finance for Investment

A common mistake many first-time landlords make is to jump in with both feet and take the first available mortgage option they see. In this arena it is all about successful forward planning; different lenders and products will be more suitable dependent on your long-term aims.

Whether this is to grow a portfolio, to obtain short-term capital growth or long-term income supplement, it is important to weigh up all the options with an independent professional. Low rates may seem attractive, but a plethora of fees and reversion rates can come back to bite.

We are also seeing more and more professional landlords with large portfolios coming to us to unlock equity and begin to buy once more. In this area, having the knowledge of all lenders in the market, as well as some more interesting lenders who are not publically available, can make all the difference.

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