Allured by the prospect of a great rental return by letting a property out on a short term basis? Not happy with just letting or subletting a room in your house? It may well be a good time to get on the property ladder and invest in Cambridge!
Even if you don't have a large deposit to put down on a property, there are still ways around it.
One of these is the Help To Buy scheme, which allows you to purchase a property with only a 5% deposit. Another 20% of the value of the property is put down as an equity loan by the government. What's more, for the first five years of owning the property, you don't have to pay any fees on the loan.
Or you may be interested in taking out a second mortgage without increasing your monthly repayments through Castle Trust? If this is a situation you find yourself in, which is a very common one in Cambridge with the extremely high property prices, then why not contact Beauwater Mortgages for help and advice. If you tell them from the very beginning that you heard about them through us, they will go the extra mile to help you out.
Once the property purchase is sorted and you're ready to start making some money, get back to us... By renting your property out on a short term rental basis, we will be able to help you maximize the return on your investment, possibly even doubling it compared to letting it on a long term basis! We take care of the communications with the guests, liaise with the cleaners to make sure that the place is spotless every single time, and offer you a completely hands-off investment. The only time you will hear from us is with a breakdown of your profits at the end of the month, or if we need your input for a maintenance issue that exceeds the spending limit that we agree at the time you sign up with us.
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