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The Property Podcast

TPP572: Buy To Let mortgages explained by experts

The Property Podcast

Rob Bence & Rob Dix

Business, News, Education, Business News, Investing

4.82K Ratings

🗓️ 29 February 2024

⏱️ 21 minutes

🧾️ Download transcript

Summary

Ever wondered why savvy investors turn to mortgages for their buy-to-let properties? Join our mortgage experts as they unveil the reasons, highlight the benefits, and guide you through the workings of this strategic financial approach.  (1:00) News story of the week  (3:31) Using mortgages for property investment…  (4:20) Why do investors use buy-to-let mortgages?  (5:38) What’s the main benefits of using a mortgage?  (6:05) How do they work?  (6:40) How much can you borrow?  (7:50) Are you locked into a mortgage until its paid off?  (9:08) Should investors opt for a fixed or variable rate mortgage?  (10:18) How difficult is it to get a buy-to-let mortgage?  (10:58) What can you do in preparation for your application?  (12:18) What’s the difference between acquiring a mortgage under a personal name or a limited company?  (13:40) How do investors determine borrowing and payments?  (14:32) Why use a broker?  (18:20) Hub Extra  Links mentioned:  Financial Times  Enjoy the show?  Leave us a review on Apple Podcasts - it really helps others find us!  Subscribe to the Podcast      Subscribe to our YouTube channel    Sign up for our free weekly newsletter, Property Pulse  Find out more about Property Hub Invest  See omnystudio.com/listener for privacy information.

Transcript

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0:00.0

Hey everyone, Robby here with Rob D and today it's an education session and if you're a

0:08.6

beginner or an expert you're going to really benefit from this because looking at

0:12.2

Bightel at mortgages are looking at buy to let mortgages.

0:13.0

Buy to let mortgages are the most important tool when it comes to property investment

0:18.0

and we're going to take you on an education journey with some experts.

0:22.0

Now there's some really great stuff in this episode and some stuff Robin I had even forgotten so I know you're going to learn loads Welcome to the Property Podcast. Thank you so much for joining us. We spend our time running a

0:39.6

property business that did over a hundred million pounds worth of deals last year and this is

0:43.7

the bit of our week that we carve out to share some of what we've learned and we love

0:47.2

doing it and when it comes to property investment mortgages are one of the most

0:50.8

important topics that there is really glad to be joined by some experts today.

0:54.4

And if that wasn't enough, make sure you stick around to the end, where Rob B has got a tip that could save you

0:59.2

hundreds of pounds this year. So it's time for our new story that week and this week the news comes

1:04.5

from the FT and the FT has reported that the analysis of data that they've looked

1:09.8

at from the OECD suggests that the downturn in house prices in advanced economies has, I quote, largely

1:17.4

peated out.

1:18.4

That's not the most exciting quote I've ever heard Rob, but it does sound positive. You can now see why everyone

1:24.9

goes with crashed and destroyed and stuff like that largely peated out doesn't

1:28.4

quite have that oh my god my pick up the paper appeal does it but it's true we've

1:32.3

seen data recently from Halifax and nationwide

1:34.4

suggesting that the declines in house prices that we've had in the UK may have passed and

1:38.8

this OECD data is showing the same thing across pretty much all countries. So in the US house prices are doing particularly well,

1:45.2

but even in places like Australia which had been hit reasonably hard, prices are growing again.

...

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