Limited company buy to let ownership is the way to go for many. However, it could be a disaster for other investors.
That’s why it’s very important to read into both options before making a decision.
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YOUR BANK MAY HAVE 100's OF PRODUCTS AND PLANS.........
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1st charge, 2nd charge and even 3rd charge
Term loans, short term bridging, Interest only
Mainstream and specialist / complex products
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PROMISE MONEY 01902 585020
More details are available at www.promisemoney.co.uk/
Representative example
66% of our clients get these rates or less - (This is not a specific example of this product above)
£63,000 over 228 months at an APRC OF 6.1% and an annual interest rate of 5.39% (Fixed for five years - variable thereafter) would be £463.09 per month, total charge for credit is £42,584.52 which includes a £2,690 broker / processing fee. Total repayable £105,584.52.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
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