Skip Navigation Links. Finding a buy-to-let property

Looking for a buy-to-let property

When looking for your next buy-to-let property investment, there are many things to bear in mind, from where to purchase a property to what the process of obtaining a buy-to-let mortgage entails.

At Landlord Centre, we offer help to landlords with regards to looking for a property loan. After you have found a property you want to invest in, you can search for the most suitable mortgage available online through our website.

We have a team of customer advisers with over 20 years' worth of experience, so you can be confident that we will help you to find the right buy-to-let mortgage for you.

With our in-depth knowledge of the buy-to-let market, you can also be sure we will locate a mortgage that will suit your needs, as well as provide you with information about a range of related products.

However, before you start considering the financial aspects of letting a property, you need to find one first. To learn more about how to locate your next buy-to-let property investment, read on.

Location is key to finding an ideal property

When it comes to buying a property, the most important three things to consider are location, location, location.

Buy-to-let investors should think about what areas their potential tenants want to live in. This is likely to depend on a number of factors, including their age group and whether the property is better suited to families or young professionals.

If you're planning to let your entire property to a family, you should look for areas that are near schools and have good access to leisure facilities.

However, buy-to-let mortgage applicants should be aware that young professionals will be more interested in transport links, being close to amenities and having areas of cultural interest nearby.

The property you choose will also have an impact on the amount of rent you can hope to generate, with rental accomodation in central locations often able to demand more money per month than homes further out in the suburbs.

However, inner-city properties could also be more expensive, which is likely to affect the terms of the buy-to-let mortgage you take out, so it is important to bear this in mind and stick to a set budget when looking for a new buy-to-let investment

Consider your rental income

When trying to pick an area to purchase a property in, it is wise to see what sort of rental income you can expect to get.

It could be worth asking a few letting agents what rent they would ask tenants to pay for similar-sized properties in the same area, as this will help you work out how much money you can expect to have left once you have paid your monthly buy-to-let mortgage costs.

As this is an investment, it is important that you are able to accrue sizeable funds every month, so you can earn regular income from the flat or house, as well as having equity in the property itself.

Asking average rents in specific areas may show that you have to revise the location you have chosen or stretch your finances and opt for a bigger property that will bring higher returns.

Choosing a mortgage with Landlord Centre

Once you have picked a property that you are confident will be popular among your potential tenants and will allow you to gain a reasonable income every month, you will need to take out a buy-to-let mortgage.

With Landlord Centre, you will be able to use our online mortgage search tool and also obtain expert information by talking with one of our team members, who are on hand to help you pick the perfect mortgage product for your investment.

For more information about purchasing buy-to-let property or using our services, read our FAQ page, where all your questions can be answered.

Finding a buy-to-let mortgage is easy with Landlord Centre, so why not take a look at our services today?