Property Investment is not just a house in the UK

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As well as investing in residential property in the U.K. it is possible to look at investing in commercial property and international property.

Commercial Property
Commercial Property Investment is pretty complex and beyond the remit of this guide. Simplicity are able to assist with all aspect of commercial property finance. Briefly you usually require at least a 25% deposit and the strength of the lease on the property is usually very important.
Check out simplicommercial on our website.

International Property
Your first reason for buying abroad might not be buying-to-let. You might be looking for a holiday home. But some people use rental income to payoff the extra mortgage when they're not using the property.

Buying abroad requires a lot of homework. Start off by holidaying in the area you're considering, thinking about the facilities in terms of what you're looking for and what a prospective tenant might want. At Simplicity we are Bulgaria enthusiasts. We are currently in the process of developing 1000 properties for investment and holiday homes across this Eastern European gem. Ask you adviser for more details. If Bulgaria is not your thing then we are also able to arrange mortgages in almost all major international property markets.

Make sure you look out for service charges for any shared amenities (tennis courts perhaps), and don't sign a thing until you're sure you know what you're doing.

There are a range of foreign currency mortgages available and the amount you can borrow and length of mortgage term can vary. That's why you should speak to us before going ahead.

Make sure you take good legal advice, certain bargains may have issues with land ownership that may make your bargain turn into a nightmare.

Finally, there's tax.

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