Why buy-to-let is still worth it

Buy-to-let can be a great way to make use of property you can’t or don’t want to live in. It’s also a great way to make money without having to do a whole lot of work. Despite what you may have read about tax relief and proposed changes to the system, BTL is still a great bet.

If you’re interested in:

*Earning a passive income

*Building a retirement income

*Location independence

*Accumulating wealth at a relatively low risk

This is where to start.

How does buy-to-let work?

BTL is essentially the means by which you profit from property ownership. Not only does your property (the asset) accumulate in value while you own it (profit), your rental income provides immediate profit and cashflow, making BTL investing one of the lowest risk enterprises around.

If you want to invest in a BTL property you’ll need a buy-to-let mortgage. You’ll be able to start renting the property out immediately, and your tenants’ rent will cover the cost of the monthly mortgage repayments. The rest, when you deduct maintenance costs and taxes, is profit.

How can I get into buy-to-let property?

Buy-to-let is changeable and can be complex, but with the right information you could significantly supplement your income.

Download our exclusive e-book here to find out how to secure a buy-to-let mortgage, manage your property, and make a profit after taxes and expenses.

Download our free e-book!

EAN Content

Content shared by this account is either news shared free by third parties or sponsored (paid for) content from third parties. Please be advised that links to third party websites are not endorsed by Estate Agent Networking - Please do your own research before committing to any third party business promoted on our website.

You May Also Enjoy

Love or Hate Rightmove
Breaking News

Rightmove’s weekly mortgage tracker – 02/05/24

Matt Smith, Rightmove’s mortgage expert said: “Next week’s Bank of England meeting will be quite key for setting the tone for mortgage rates leading into summer. An uneasy few weeks for the world economy has meant that there is still a lot of uncertainty around when we might see the first interest rate cut – and…
Read More
Estate Agent Talk

Powering Up Your Brokerage: How Real Estate Apps are Transforming the Industry

The real estate industry once literally hand-to-hand with traditional printed flyers and face-to-face meetings became digital-friendly after the revolution of technology. Among the key drivers of this transformation is the real estate app through which brokerages redefine the role they perform and the way they interact with clients. Streamlined Workflows and Increased Efficiency Gone are…
Read More
Breaking News

Breaking Property News – 02/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X. Is Zoopla holding back the housing market? Maybe it is me! and definitely me and my dog Zara do not think like most people, but – each month in the UK just 100,000 properties complete (exchange) and in the past decade this has been the…
Read More
Breaking News

Breaking Property News – 01/05/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Fine & Country relaunches Masterclass Series for 2024 to support network in winning more business Set to take place in both London and Huddersfield, Fine & Country will be hosting informative and engaging Masterclass sessions again this year, sharing insight from property experts on…
Read More
Estate Agent Talk

A Guide To Moving To The UK

Are you considering moving to the UK, perhaps you are relocating for work or returning after some time as an expat elsewhere. Whatever the reason, to help you begin your journey smoothly, we have compiled all the relevant information on how to relocate to the UK. This guide to moving to the UK will cover…
Read More
Breaking News

Breaking Property News – 30/04/24

Daily bite-sized proptech and property news in partnership with Proptech-X.   Will Yardi’s multi-million gamble on WeWork the former £37Bn Unicorn pay off? The word is that Adam Neumann the enfante terrible and former co-founder is unlikely to be the new owner of WeWork as it emerges out of the gloom of its present bankrupt…
Read More