Address :
 117 Linacre Road
 Litherland, Liverpool. L21 8NS
Telephone :
 0151 944 1555
Fax :
 0151 944 1000
Mobile :
 07734 388 426
Web :
 www.themoneytreegb.co.uk
Email :
 info@themoneytreegb.co.uk
Buy To Let Mortgages available from The Money Tree
 
Home
About Us at The Money Tree
Mortgage advice available from The Money Tree
Loan advice available from The Money Tree
Commercial Finance advice available from The Money Tree
Life Assurance advice available from The Money Tree
Overseas Property opportunities available from The Money Tree
Affiliations with The Money Tree
News From Us At The Money Tree
Contact Us here at The Money Tree

Buy-to-let mortgages are now available from plenty of mortgage lenders: banks, building societies and specialists.

Many potential landlords use a mortgage broker to find them the best buy-to-let deal, as it can save them time and money.

Investing in property can be very lucrative, but it is essential that you do your homework and research the options:

What type of property should you buy?
Should you use a lettings agent?
What mortgage rates are available?
Your home may be repossessed if you do not keep up repayments on your mortgage.
Check out Goldilocks, The 3 Little Pigs, The Big Bad Bank Manager and what The Money Tree did to help them here.
Buy-to-Let Buying Steps
  
1.
Work out the deposit available because your deposit will determine your price range
11.
Obtain any quotes for building or renovation work and decorating that may be necessary
  
2.
Seek advice from a local estate agent about types of property most likely to be let in the area and the level of rents paid
12.
On completion day call the seller's estate agent to pick up the keys. The property is yours to let
  
3.
Let The Money Tree research the mortgages available and apply for an acceptance in principle. You will be expected to produce expected rental income plus salary details
13.
Contact the builders and decorators as soon as you can if any building work is required. Advertise for tenants just before the work is completed. (Or engage the services of a letting agent to do this for you)
  
4.
Put an offer in on the property you want. Once it has been accepted, commission a valuation
14.
Arrange to meet prospective tenants and show them the property once it is ready
  
5.
If the property is old you should commission a Homebuyers Report or full structural survey
15.
If you find suitable tenants arrange for them to supply you (or agent) with employer, bank and personal references. Check these.
  
6.
Instruct your solicitor to carry out the purchase and provide them with details of the property, the estate agent, seller and your lender
16.
Ensure you receive a deposit of one month to six week's rent to confirm the tenancy.
  
7.
Lender receives valuation report and, if all is in order, agrees the mortgage
17.
Make last minute check that the property meets health and safety requirements and write a comprehensive inventory
  
8.
Solicitor carries out local authority search and confirms legality of title
18.
Draw up a tenancy agreement
  
9.
Pay the deposit, sign and return the contract and the solicitors will exchange contracts. You are now legally committed to the sale
19.
Contact utility companies and the council to arrange for bills to be transferred to tenants' names.
  
10.
You must get adequate Buildings Insurance immediately
20.
Hand over the keys.
  
         
If you have any questions or would like to know more about how we at The Money Tree can help, call us on:
0151 944 1555
and one of our mortgage advisors will provide all the help you need.
 
The Money Tree - Branching out to your brighter future....
The Money Tree (GB) Ltd is an appointed representative of The Mortgage Times Group Ltd 279 Tottenham Court Road, London W1T 7RJ.
Which is authorised and regulated by the financial services authority No. 303007.
Website Developed By NetwiseIT.com