A handy guide for investors
With competitive mortgage rates available, more flexible access to pensions and dramatic growth in the private rental sector, now is the time to make a buy-to-let property investment.
Now is a good time to make a buy-to-let property investment
Competitive mortgage rates
With lenders competing in the marketplace, mortgage rates are highly competitive.
However, borrowing may not remain this attractive forever. Getting a mortgage on an investment property now means you could take advantage of low interest rates. And, if you fix your mortgage repayments, you’ve got the added reassurance of knowing what your repayments will be.
Rents have been increasing
While competitive mortgage rates are available,1 UK rents continue to rise in almost every area of the country.2 With a buoyant private rental market, a brand new buy-to-let investment is an increasingly attractive prospect. At Barratt, we’ll help make the whole process of buying and letting as simple as possible.
Property values have been going up
The demand for property in the UK continues to outstrip supply. The average house in Britain will be worth £220,000 this year - up £9,000 on 20163 - which, combined with the low cost of borrowing, could make buying an additional property not only more affordable, but also a great investment for the future.
NB: Barratt Homes does not offer financial or legal advice. We would recommend that customers take financial advice specific to their circumstances before taking any action. Images may include optional upgrades.