Warrington Mortgage Centre Podcast Episode 11

How many headaches can one Buy to Let cause? Yeah, we know the feeling. Rent not paid on time, property in disrepair, emergency call outs, problem tenants… you’ve heard the horror stories.

In this episode, we’re with Sam McWilliams, talking through ways that will help you remove the Buy to Let headache. We can all get sucked into the ideology that we want to own 10 properties and we’ve decided we’re buying the next house we see, regardless! Wait! This is that thing that might cause you a headache further down the line. Do your research! A Buy to Let is a great investment that creates additional income and capital appreciation, but it also too carries additional responsibilities.

There are a number of questions you’ll need to ask yourself when buying a property to let out. Where are you going to buy? What are the ideal tenants? If there isn’t a tenant – can you cover the mortgage? Will it impact your lifestyle? Have you factored in any additional fees into your budget? What’s the best interest rate you can achieve? And that’s just the tip of the iceberg!

Here’s Sam McWilliams, talking all things buy to let and how you can get yourself in the best shape ahead of your next investment property.

Make sure you watch/listen to the full Mortgage Heroes Podcast episode with Sam, click here for more.

Disclaimer: As a mortgage is secured against your home, it could be repossessed if you do not keep up the mortgage repayments.

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