High-demand spells opportunity for buy-to-let mortgages for professionals
Rental properties in Gloucester are always in high-demand, according to Steve Gooch Estate Agents.
Demand, "particularly for smaller property, two and three bed semis", makes investment in the Gloucester region a good choice for those professionals keen to 'test the water' of the buy-to-let market.
Chris Gooch, director of Steve Gooch Estate Agents explained that the region is also "very reasonable and affordable", which is likely to add to the value of the area as a buy-to-let investment.
Commenting on the effect of this year's flooding, Mr Gooch added: "It's fine…places like Tewkesbury were slightly affected but it hasn't had any real effect."
This news follows the announcement by the UK's 10th largest lender, GMAC-RFC, that it has replaced its non-conforming buy-to-let discount rates with a new BBR tracker scheme.
Julie Gaskin, corporate relations manager at GMAC-RFC, said: "It will be buy-to-let investors who are likely to take advantage of the lower monthly repayments offered by tracker deals to help meet rental demands."
Demand, "particularly for smaller property, two and three bed semis", makes investment in the Gloucester region a good choice for those professionals keen to 'test the water' of the buy-to-let market.
Chris Gooch, director of Steve Gooch Estate Agents explained that the region is also "very reasonable and affordable", which is likely to add to the value of the area as a buy-to-let investment.
Commenting on the effect of this year's flooding, Mr Gooch added: "It's fine…places like Tewkesbury were slightly affected but it hasn't had any real effect."
This news follows the announcement by the UK's 10th largest lender, GMAC-RFC, that it has replaced its non-conforming buy-to-let discount rates with a new BBR tracker scheme.
Julie Gaskin, corporate relations manager at GMAC-RFC, said: "It will be buy-to-let investors who are likely to take advantage of the lower monthly repayments offered by tracker deals to help meet rental demands."
