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Blog and News - Property Market
Written by John Angeletta   
Friday, 27 January 2012 09:20
Below Market Value property is not just for Buy-to-Let (BTL) investors.  
 
Anyone may enjoy the 20-30% discount we bring to market and we are particularly delighted to offer opportunity to those who suffered injury whilst servicing their country.

Whether you have served or are serving within the UK military, police, fire, ambulance or coastguard service, you can take advantage of below market value property purchase and may be eligible for a Buy-to-Let mortgage too as service pension, together with other allowable *income, may be assessed for your mortgage loan.

The maximum loan advanced against a Buy-to-Let property is based on the rental income so, don't be put off enquiring.
 
Provided you have an annual income of £25,000pa you may apply and this includes combining with your spouse, or partner, or friend too.

A single investment of £15,000 could buy a below market value family **property every 6-months, each generating c.£400 per month gross rental income with interest only mortage payment of less than £200. 
 
*Income may include a combination of basic salary, cost of living allowance, housing/rent allowance, service/state pensions and car allowance. For those still in service a proportion of overtime may also be considered.
 
**property with an open market value c.£75,000.

If you thought you would never be able to afford your own property, think again and contact John on 0203 239 4359.

STOP PRESS STOP PRESS STOP PRESS

Barclays will open its 75% LTV buy-to-let range to brokers from today.

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