Landlords: Find the simple way to save and raise money…
A lot has changed for landlords in the last few years: local authority licensing schemes, more demanding stress-tests on borrowing, stamp-duty hikes and other tax changes. It all serves to make being a landlord less rewarding than it has been in the past, and that’s why it’s important to make sure that your financial arrangements are helping you to save money and grow your nest-egg.
One of the simplest ways a landlord can reduce outgoings without any detrimental effects is to get a better mortgage rate*. Lenders make more money when borrowers pay an increased variable rate at the end of a fixed-term mortgage. In many cases this is avoidable – a fifteen minute chat with a Financial Advisor can give you a good indication as to how competitive your current rate is, so it’s a good idea for any landlord that wants to cut expenses.
Landlords often have large amounts of capital locked away in their rental portfolios. Releasing that capital might allow you to expand your portfolio, or perhaps invest more in what you already own by extending, refurbishing and increasing the potential rental return. Some landlords raise capital to extend leases before they get too low. Whatever the reason, the first port of call is your Financial Advisor.
Outlook work closely with Flagstone, one of the largest mortgage introducers in the UK. They are vastly experienced and benefit from exclusive mortgage rates not available to the general public.
If you would like a free face-to-face or telephone consultation with one of Flagstone’s advisors please call on 0808 231 0851 or send an email to [email protected]
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP YOUR MORTGAGE PAYMENTS
*Some mortgages may have early redemption penalties and remortgaging may not be suitable or available for everyone.
This communication is issued by Outlook Property Services Limited. Flagstone Financial Management Limited is authorised and regulated by the Financial Conduct Authority. BTL mortgages are not regulated by the FCA but some may be supervised. Flagstone charge a fee of £299 for arranging your mortgage, payable upon application.