Buying a property as an investment is all about ensuring profitable returns for you and a great place to live for the new homeowners. We help make this possible.

There are many reasons you would be purchasing a property as an investment and we makes sure that the Property Lawyers we recommend are up to scratch to ensure a smooth process. We understand that as an investor you need the best return on your investment and so our recommended Lawyers work to strict deadlines and offer a competitive price for a quick and smooth transaction.

We have Property Lawyers that specifically specialise in investment purchases and are trained to deal with the complexities it requires. They will always keep you up to date, explain anything you do not understand and we've even negotiated on the fees for you to ensure you get the best price!

Buying a property as an investment does have differences to buying a property to live in. Below we explain what to consider when buying as an investment to ensure you investment smartly.

Understanding buy-to-let mortgages

Buy-to-let mortgages are quite different to traditional residential mortgages. The affordability calculations are based on the rental income of the property rather than your own salary. Most lenders want the rent to cover at least 125% of the mortgage repayments. They also expect at least a 25% deposit.

Most buy-to-let mortgages are arranged on an interest-only basis, but the interest rates are higher than on traditional residential mortgages. You may also find that the arrangement fees on a buy-to-let mortgage are far higher than on your own mortgage.

We recommend you use a fee free mortgage broker to help you find the best buy-to-let mortgage as there are several specialist lenders that you may not be aware of and a broker will be able to help you navigate the market.

Buy-to-let conveyancing

Buy-to-let conveyancing is the legal process for transferring ownership of a property to you. It begins when your offer on a property is accepted and runs through to the day you receive the keys. Speed and cost are both key considerations when deciding which conveyancer to use and we have done our research on the best teams to help you, get a quote today to see how we can help.

We understand the importance of being kept up to date with the sale/purchase of your home and also that we all live busy lives. So you can now track your progress from your phone or online using the Property Lawyers online tracking app.

When you use one of our recommended Property Lawyers you will also be fully protected with our 3 Part Protection scheme that is included in your quote! You'll get a certificate for a No Sale, No Legal Fee, Lifetime File Transfer and a Search Fee Guarantee to give you confidence in your move.

Listen to what Pearce had to say about his experience with onthemove