What is a BTL Investment
BTL’s (Buy-To-Lets) are properties purchased with express purpose of being let out to the public. BTL investments are a great way to invest your capital into the property market while making a residual income from your new assets. The barriers to entry for BTL ownership are being removed with the idea of being a full-time landlord putting many potential investors off. This solution has now been solved with many letting companies offering homeowners a guaranteed rental scheme. This is where you will receive a guaranteed rental income every month regardless of if your property is filled or not. The letting agent will also take care of the upkeep of the property and managing the tenants needs. This hands off approach to letting out a property has made BTL investment become incredibly popular for investors.
Buy-To-Let properties can be obtained with the help of Edgehill Property Finance we will help you acquire the right property that is perfect for the rental market. Our finance team can set you on your way to getting a buy-to-let mortgage, allowing you to invest and expand your property portfolio. Edgehill Property Group will also help make your new purchase rental ready via a complete renovations service. We have experience renovating properties to ensure that they are highly desirable for potential tenants.
Edgehill Property Finance
Financial Solutions For Your next Investment
Why Should I Invest in a BTL?
Secure your investment
Investment in property has always been a relatively stable financial approach. While no investments are a guaranteed thing, the property market is much more stable than investing in stocks and shares. In addition to gaining a passive income from monthly rent your property can also increase in value.
In demand market
We help investors across the Wirral area invest in BTL properties. The Wirral area is in high demand for renters with young professionals seeking for affordable rents in an area that has transport into Liverpool and Cheshire.
Gain a passive income
A key benefit of investing in BTL property is that you can rent it out to tenants. Gaining a passive income will provide you with more financial freedom to either benefit your personal life or help fund future investments.
Hands off approach
If you don’t like the idea of being a landlord there’s no need to worry. You can make use of one of the many guaranteed rental schemes in which your rent is guaranteed by a letting agency and they manage the property. Saving you time, money, and stress.
You can flip your BTL
As mentioned, Buy-To-Let properties are very popular with investors. However not all investors have the time or the finance to purchase and renovate a property from scratch. Many property developers will now purchase a property, fully renovate it, then sell it to other investors as a ready to go BTL investment opportunity.
Tax benefits
The UK Government provides landlords with a variety of tax benefits further benefiting your investments. You could see reductions on things like mortgage interest and maintenance costs.
Edgehill Property Finance
Financial Solutions For Your next Investment
Financing Your BTL Investment
Edgehill Property Group can provide you with a wealth of financial advice and guidance to help you throughout your investment journey. From obtaining a BTL specialist mortgage to finding the right property to meet your budget. We have access to hundreds of reputable lenders who can specialise in buy-to-let mortgages.
Edgehill Property Group can also help you obtain the funds for your new BTL purchase. We offer a range of bridging loans of varying value to help you secure your new asset. We know in the property market time is crucial, which is why we can give you decision on your loan application quickly, and often with 48 hours.
Renovating Your BTL Investment
Our assistance doesn’t just stop at finance, Edgehill Property Group can also work closely with you to renovate your BTL property. Whether you are opting to change some aesthetic features, or it is a complete refit we can handle all aspects of renovations. For investors seeking to flip BTL’s our renovation service is ideal. We have a team of skilled builders and tradesmen that can oversee all aspects of your development. Our years of experience not only means that we have the means to complete every aspect of your renovation but can do so quickly and within your timescale. Many property developers want to get their property on the market as quick as possible to release funds for the next purchase, Edgehill Property Group will project manage your renovation ensuring everything runs to schedule.
Buy-to-Let FAQ
How does a buy-to-let work?
With a BTL property you could loan up 75% (LTV) or the properties value. Meaning you would need a 25% deposit to secure your BTL investment. Your LVT rate will be dependent on the rental income the property could generate.
Can I live in a BTL property?
No, buy-to-let properties are mortgages based on the requirement that they are occupied by renters.
What key things should I bear in mind for BTL property?
BTL properties are popular investments however the additional costs should be factored into your purchase such as maintenance and upkeep. You will also need to ensure your property has tenants in it to keep up your passive income. Guaranteed rental schemes can help you circumvent these issues.
How long can my BTL be empty?
There is no set time limit for a buy-to-let property to be left empty if you are unable to fill it. Many home insurers will only cover an empty property for a period of up to 60 days, this is important to consider.
Can I change my BTL to a residential property?
If you are seeking to live in property you bought with a BTL mortgage, this is possible providing the mortgage is converted to a standard residential mortgage.
Is there stamp duty of BTL purchases?
Yes, there is stamp duty on buy-to-let purchases.
