Useful Buy2Let Information & Tips.... 

 

…Tax Benefits of Interest Only Type Mortgages – choosing which mortgage repayment vehicle is most tax efficient depends upon each individual situation. The main tax point is that interest (a mortgage debt) can be offset against rental income. A financial benefit of choosing an interest only mortgage (in a buy to let situation) is that the lender does not always demand you adopt an additional investment vehicle ISA, endowment etc) to run alongside to pay off the capital – it is expected the rental income will achieve the same result. What this means that the monthly mortgage repayments are much smaller, creating incremental overpayment potential, which in turn reduces overall cumulative interest further over time.

DISCLAIMER - we do not offer financial advice - all words are 'information only'

 

 

Mortgage Brokers in Devon.... 

 

Aston Mortgage Services Limited:-    PO Box 5903, Weymouth, DT4 0ZT

Beerstone Financial Services:-    2nd Floor, Exeter, EX1 1JG

CMS South West:-    Marina House, Plymouth, PL4 7EB

Craig White and Co:-    Abbey House, Tiverton, EX16 6NL

Eclipse Financial Services:-    68 Boutport Street, Barnstaple, EX31 1HG

Exe Valley Financial Services:-    3 Tiverton Road, Tiverton, EX16 9LJ

G Bellamy Mortgage Services:-    104 Barton Drive, Newton Abbot, TQ12 1YU

Just Mortgage Plus:-    12 Court View,  Brixton, Plymouth, PL8 2NY

Mortgage Management Limited:-    Vale House,  Rydon Lane, Exeter, EX2 5AZ

Mortgage Matters South West:-    72 Clyst Valley Road, Exeter, EX5 1DE

Platinum Mortgages:-    60A Underlane,  Plymstock, Plymouth, PL9 9JZ

Professional Mortgage Services:-    54 Tollards Road, Exeter, EX2 6JH

Quick and Easy Mortgages Limited:-    42 The Terrace, Torquay, TQ1 1DE

Regency Enterprise Limited:-    The Coach House,  Helecross, Exeter, PE1 1JN

Rob Rendle and Co:-    Phoenix House,  Stoke Village, Plymouth, PL3 4DF

Secured Loan Systems Limited:-    205 Union Street, Torquay, TQ1 4BY

Select Finance:-    48 Queen Street, Exeter, EX4 3SR

Simons and Simons:-    38 House, Cullompton, EX15 1PD

Solent Mortgage Services South West:-    Lavington House, Cullompton, EX15 1JY

The Mortgage Shop Exeter Limited:-    58 South Street, Exeter, EX1 1EE

Western Mortgage and Finance Brokers:-    Victoria House, Exmouth, EX8 1AL

 

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