Peter J. How – All About Buy-to-Let Mortgages, How to Use Cheap Mortgage Finance To Build A Property Empire…FAST!
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Description
All About Buy To Let Mortgages tells you all you need to know about getting the best from using buy-to-let mortgages to buy UK investment property. Whether you want to buy one property or many (even growing it to a considerable property empire), the choice is yours when you know how to find the best mortgage deals offering cheap property-finance. By remortgaging, you can recycle your deposit money to use on your next buy-to-let investment, and then rinse and repeat as many times as you want. There is no need to worry about how much deposit money you have, as this won’t necessarily limit you.
To help you find the best mortgage deals, by market search and mortgage comparison, you can use mortgage brokers or mortgage advisors and this book shows you how to choose the right broker or advisor to get you the best mortgage advice. However, you will still need to know how to expertly compare mortgages, and this book informs you about that as well.
Areas covered in the book, amongst many others, include:
- Correctly using buy-to-let mortgage calculators to fairly compare mortgages
- Understanding the full costs of taking out a mortgage or carrying out a remortgage
- How to best use the popular interest-only mortgages and avoid the pitfalls
- Understanding the terminology used by your mortgage broker or mortgage advisor
- Going direct to lenders to access their best mortgage deals not available elsewhere
- Using more than just the best mortgage interest rates to expertly compare mortgages
- Finding the best mortgage deals to suit your own specific requirements
- How changes in taxation affects how you get the best from using buy-to-let mortgages
- Paying the mortgage deposit money and other completion costs
- Understanding how national interest rates affect mortgage costs, helping you save money
- Choosing the best kind of mortgage, including variable, tracker, and fixed rate mortgages
- Methods of repayment of the mortgage loan capital, to give you full property ownership
- Equity release and how best to use it in property investment to reinvest and keep costs low
- Understanding loan-to-value and rental income cover ratios to get the largest loans
- Buying and profiting from unmortgageable properties by making these mortgageable
- Understanding various mortgage criteria and how this affects the mortgages you can get
- Using a mortgage decision-in-principle to secure property purchases quickly
In fact, it presents all the essentials you will need to know to become proficient in the area of using buy-to-let mortgages to give you cheap property-finance.
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[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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