Buy-to-let mortgages currently make up 4% of the overall UK mortgage market* and www.houseChat.co.uk offers an independent forum for buy-to-let investors to share valuable information and knowledge.
Investors who log on to www.houseChat.co.uk and register for this free service can access:
· A lively discussion board with top tips from other member landlords and a Q&A section.
· Information on upcoming events.
· Answers to buy-to-let FAQs covering topics such as letting a property (including practical checklists), safety regulations and stamp duty on purchases.
· A useful monthly loan repayment calculator that helps investors to decide on the level of rent needed to finance their buy-to-let property.
The website was developed for Landlord Mortgages by Ranjan Bhattacharya, a highly successful property investor, in response to demand from investors for an online forum
Lee Grandin, Managing Director, Landlord Mortgages says, "Buy-to-let investment is still on the increase, yet this is not reflected by a wealth of easily available information. www.houseChat.co.uk aims to fill this gap by providing support and advice from investors in a similar situation.
For further information on Landlord Mortgages, investors can visit www.lml.co.uk or phone 0800 917 3324
* = Council of Mortgage Lenders - Market Briefing - May 2004