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For the use of mortgage intermediaries & other professionals only

Financial aspects

For most of your Buy to Let (BTL) clients the financial aspects will be the ones that drive their decisions. As a property investment, BTL can potentially bring financial rewards, but it also carries risk.

Understanding the costs involved and how they arise will help your clients develop a clearer picture — and make more informed decisions.

Your BTL clients will have to meet upfront costs in buying the property, ownership costs and be able to meet their mortgage payments.

Letting agents help remove a lot of the hassle - particularly for your clients who are new to BTL and may not be familiar with all of their responsibilities.

Your clients must consider the tax implications of the rental income and seek independent tax advice if they are unsure how they will be affected.

For the use of mortgage intermediaries & other professionals only

If you do not have professional experience, you should not rely on the information contained on this site. If you are a professional and you reproduce any part of the information contained on this site, to be used with or to advise private clients, you must ensure it conforms to the Financial Conduct Authority's advising and selling rules. These pages are for the use of those people who are resident and ordinarily resident in the UK and should not be regarded as an offer or invitation to sell Mortgage products in any jurisdiction other than the UK.

Birmingham Midshires is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered office; The Mound, Edinburgh, EH1 1YZ

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