đą Landlords! Mortgage bonus and higher rents đ°đ Time to expand your rental portfolio! Great investment opportunity below đ©
Good news for Landlords considering investing or refinancing in the Buy-to-Let (BTL) sector as interest rates drop đ. According to Moneyfacts Group plc:
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Average BTL 2 and 5-year fixed rates for all Loan-to-Values (LTVs) have fallen by 0.04% and 0.05% respectively, and since March by 0.10% and 0.11% đ
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At 2.95% and 3.30%, both rates are lowest since beginning of this year đ
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Largest reductions have been seen at 65% LTV đ„
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At 2.68% and 3.17%, the 2 and 5-year fixed averages of 65% LTVs have dropped by 0.20% and 0.15% respectively since the start of the month đ
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As lockdown restrictions begin to ease, the prevailing sentiment in the UK seems to be that of optimism - the BTL market is exhibiting remarkable resilience đ„
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The latest UK Lettings Index from Hamptons illustrated that rents have risen by 5.9% in April, the fastest rate of growth it has recorded since January 2015 đ
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Demand from Tenants is booming đŁ
đâïž Ready to take the plunge into BTL? Or would you like to discuss how to grow/better manage your existing portfolio? Contact our team of experts today! đŠčâïžđŠžâïž
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đŹ JOIN THE DISCUSSION HERE: https://www.linkedin.com/posts/cavendishproperty_investment-for-sale-by-cavendish-residential-activity-6802870487199297536-5lif
đž LEAD IMAGE: Investment FOR SALE by Cavendish Residential | Estate Agent and Letting Agent in Nottingham | 2 bed | Apt | Mapperley Park | Rented at £575 per month | Gross yield 6% | £115,000 | https://cavendishproperty.co.uk/sales/property/217/malcolm-close

Posted 25 May 2021
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