More than a quarter of would be landlords do not know how to apply for a mortgage to get started

New research, conducted for specialist mortgage lender Kensington, shows more than half of over 40s retirement savers would consider investing in buy to let to increase their income in retirement following the launch of pension freedoms, however when it comes to choosing the right product, around 44% would use a broker to source a buy to let mortgage while 28% would go to their existing lender but 28% don’t know how to get started.

The research also found that the biggest perceived risk is failing to achieve a comfortable level of income closely followed by fear investing in buy to let could mean running out of money in retirement.

Read the full story on Property Wire

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