Buy to Let Property – furnishing a rental property

The most important thing to consider is who the tenants are. City centre tenants will have a radically different idea to a family looking for a house a few miles out of town. Also will the property be let for a long term basis or as a holiday home?

City centre tenants are usually young professionals or corporate employees. They demand a fully-furnished flat. If you are not familiar with the area speak to local agents to find out what that particular market demands

Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage.

The overall cost for comparison is 7.1% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration. There may be a fee for the mortgage advice. The precise amount will depend on your circumstances, but we estimate it will be 1.5% of the loan amount with a minimum fee of £500 added on to the loan.

Mayfair Consulting Limited is an Appointed Representative of The Mortgage Times Group Limited, 279 Tottenham Court Road, London , W1T 7RJ , which is authorised and regulated by the Financial Services Authority no. 303007.