With the summer holidays nearly over, more people will be looking to market their properties for sale over the next few weeks. So now is one of the best times of the year to develop your buying or selling strategy.

Everyone’s personal story affects their buying options, and it’s worth considering the wisest way to invest along with your particular property checklist (like location, schools, work, etc.). For starters, I recommend looking into:

  • A wide range of mortgage products from differeng lenders
  • The potential tax liability of the property (particularly with buy-to-let mortgages)
  • The overall cost of the mortgage (which can be confusing)
  • Balancing your loan to value (LTV) rate: the best deposit and interest combination

We’ve talked about new mortgage products being offered by lenders before. If you’re looking to buy property, there is a growing variety of mortgages, and with more houses likely to join the market, it’s a good time to investigate different kinds and different lenders.

New houses on the market means more people are planning to sell their houses, right? So now is also a good time to consider what you can do with your current property. Just as with buying, your own situation affects your strategy.

Cambridge is a high-demand area, and your options are wide-open, but worth the planning time. With rental yields up, for example, it is worth carefully considering letting your property.

Whether you are in the market for a new home, or are looking at how to make the most from your investments, I’m more than happy to talk with you about your own story.

Posted in Mortgages