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Posted on 30th Dec, 2019

Why Get a Mortgage and Property Investment Package?

2 In 1 Package

For anyone with money to invest, one of the go-to options for most people is property. Whether you are looking for a single property investment or are going to delve deeper with a full property investment portfolio, it’s vital you understand the sector. With money to spend, there will be no shortage of companies offering their services. Your options will be wide-ranging and varied, but it’s often beneficial to work with one company, especially when you need a mortgage too.

With so many different types of properties around, it’s easy to be overwhelmed by the choices that present themselves. When you are looking to invest in property, finding the right one for you that’s going to make you money over time can be a challenge in itself. When you also need to apply for a mortgage to fund your investment, many people are daunted, but there’s a way through all the paperwork.

In the 21st century, there are many ways to buy property, especially when it is going to form part of a property investment package, rather than buying it to live in. They include:

Buy To Let

Often the first port-of-call for investors is the traditional ‘Buy-to-Let’ scheme. This kind of property often includes cheaper properties that specifically appeal to this market. Houses that are terraced or semi-detached are generally high-yielding in terms of rental income, making them a common investment. They are bought specifically to be let out, rather than lived in.

Student Properties

In towns and cities with universities, there is usually a large market for student accommodation. It’s a market that continues to grow with constant turnover. The outlay is often small, but the returns on rental can be huge. The properties themselves can be compartmentalised to cater for more people in self-contained rooms. It also allows investors to offer payment plans and property management services.

Houses of Multiple Occupancy

Similar to those properties above, HMOs are popular amongst investors because of the rental income they can provide. These are usually larger properties that have, or will be, converted into smaller bedrooms but share common facilities.

Of course, whichever investment opportunity you choose, you are always going to have to fund it, especially if you’re new to the sector. This will invariably mean applying for a mortgage. They are one of the biggest opportunities and also the biggest challenges for investors. A mortgage allows any investor to expand their portfolio quicker (assuming your financial calculations are right) and gives a higher rate of return. 

With so many hoops to jump through and forms to fill in, many investors find it beneficial to manage their property portfolio and mortgages utilising just one company. This gives peace of mind when it comes to expanding. When you’re in good standing it helps them to understand your business better as it grows and they may be able to offer more attractive terms than what you would otherwise get.

Property is always going to be something people need, so there’s always going to be a market for it. Property investing isn’t something to enter into lightly, but there’s always room to grow and to learn. With the right property investment package, you can move on by helping people to move in. So, if you are looking to invest in property, Repossessed Houses for Sale is on hand to help. To contact us today, visit our contact page for more details.

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