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Home Buy To Let Explained Aquisition and running costs of property

Buy To Let Explained

Aquisition and running costs of property

The cost of a Buy To Let investment is far more than just your monthly loan repayment. When doing your budget, you should include all your monthly costs, which you will have to meet on top of your monthly loan repayments. These costs might include:

           Life Insurance premiums

           Insurance premiums for buildings and household contents

           Rates, taxes, water and electricity

           Maintenance costs

           Refurbishment costs

           Advertising costs for tenants

           Letting agent costs