The Greatest Opportunity Yet For Landlords
The time has never been better for opportunistic Landlords, as the housing market limps along, failing to offer any light at the end of the tunnel for either house owners looking to sell or potential owners looking to buy, many potential first-time buyers have been pushed in to the rental market.House prices in conjunction with the size of the deposit required to obtain a mortgage have pushed many people towards looking for rented accommodation.
Recent statistics have shone a harsh light on the reality for those that are forced to rent. A recent report has indicated that rent has risen to an all time high with an increase of 44%. Rising for the last 6 consecutive months as Landlords have seen demand increase and supply get squeezed.
To add to this, many home owners that have failed to sell and decided to let their property are also now selling up, further reducing the rental properties available.
These natural market forces provide the perfect opportunity for anyone with aspirations to become a Landlord. However as with the home owner the funding of property purchases is going to be the biggest stumbling block.
All is not lost, If you have equity available in a current property then a secured loan could provide the deposit required to secured a mortgage on a rental property.
Secured loans offer a better loan to value percentage than a remortgage or mortgage and are much quicker to acquire.
We search 90% of the UK secured loan market for the best deal apply for your secured loan, it’s a quick application with no obligation.
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