True Cost of Buy To Let (BTL) Property Investing | Saj Hussain

[@TheSajHussain]

Will you be doing buy to lets going forward?

[@kookssahota]

Fantastic video Saj - really informative and I was taking notes throughout! Great Work.

[@AhmedAli-cx1zl]

Thank you Saj for this awesome video!

[@TheSajHussain]

My pleasure Ahmed!

[@jakubgrzelak3992]

Great content Saj! Very insightful as always. The quality of your videos is absolutely amazing, thank you!

[@TheSajHussain]

Glad you like them!

[@tahirashraf9222]

Fantastic video I love how everything is explained clearly great work keep it up.

[@TheSajHussain]

Thank you very much!

[@emranraja97]

Excellent vlog clear and perfect for anyone looking purchase first BTL. Saj your knowledge and how your articulate this is superb.

[@TheSajHussain]

Much appreciated Emran!

[@umairahmad4711]

Thank you for the great videos you provide for free

[@TheSajHussain]

Glad you like them Umair!

[@mrsupershaf]

Thanks Saj for sharing your knowledge. Love all your videos, very educational and inspiring

[@TheSajHussain]

Glad you like them!

[@barmy_irooni]

As always very well explained video. Really like your level on knowledge & experience. Keep up the great work & wishing you lots success for the future Saj

[@TheSajHussain]

Thank you Hamid. Much appreciated.

[@mogheesmir]

Thanks for another informative video Saj!

[@TheSajHussain]

My pleasure!

[@nigelstanley3674]

Very comprehensive review Saj. Excellent

[@TheSajHussain]

Thank you Nigel.

[@rajaifty5010]

Great video once again very informative 👍

[@TheSajHussain]

Glad you enjoyed it

[@pamsimpson3964]

Thanks Saj, brilliant info as usual!

[@TheSajHussain]

Many thanks Pam.

[@osmanali488]

Fantastic video, this guys a guru.

[@TheSajHussain]

Much appreciated Osman!

[@KhalidKarim72]

There definitely a long term appeal to BTL investments, great video.

[@TheSajHussain]

I agree!

[@peace-po1hy]

Thanks Saj!! Always brilliant

[@TheSajHussain]

My pleasure!

[@jacquelinepaul9731]

Great vid Saj.

[@TheSajHussain]

Thank you

[@aminislam9150]

Great video, very informative

[@TheSajHussain]

Glad it was helpful!

[@adamselec1442]

Great vid & info.

[@TheSajHussain]

Thanks Adam

[@vinojahchandrawaran3803]

Very well explained 👍🏽

[@TheSajHussain]

Glad it was helpful!

[@dannyalibrar7977]

great vid

[@TheSajHussain]

Thank you Dannyal.

[@lakdahulara]

very thorough and very well explained! thank you so much for sharing! Do you have a list of these costs that I can download?

[@julienilsson6934]

Very informative I’m coming to the end of a 5 year fixed term on my buy to let , shall I pay it off with my fund investments or get a new buy to let deal ? Ps your very handsome & dress immaculate x

[@TheSajHussain]

Julie this really depends on your longer terms plans and your appetite for risk.

[@Khalid_AitBaba]

Why haven't you talked about the rental income tax? It can easily add up to thousands of pounds per year.

[@jacquelinepaul9731]

The what ?

[@TheSajHussain]

Tax is a different topic and will vary for each person and also how you structure the deal.

[@stockimage4893]

Thanks It mean for 200000£ properly there is no profit even extra headache So much expenses that is why I always prefer to rent not to buy it And the good thing if rent it you have freedom you can change house every where and any time Is If lost the job that will be huge stress if buy house too I prefer if I have 100% cash buy the property is not bad idea

[@TheSajHussain]

Yes, it's a good prospective.

[@johannesstevens1929]

Like you way of thinking ... I'm thinking myself to buy to let in South Africa Cape Town ;)

[@Hallo-vt5rf]

I though you can avoid the proc fee if you have a mortgage broker

[@TheSajHussain]

Not necessarily.

[@scottrichard1986]

If you have a decent broker they look for the total cost over the fixed term period so it takes into account paying a product fee vs not paying, it also depends on circumstances, sometimes you just don't have enough to pay it so you add it to the loan etc.

[@Hallo-vt5rf]

@@scottrichard1986 they have to have access to the whole market though and be competent

[@scottrichard1986]

@@Hallo-vt5rf whole market is impossible, I dont have access to every bank, they limit who can register and place business to them, also all brokers are forced to order by FCA cost and explain to the client why you haven't picked the cheapest one if not they are breaking the new rules, this only applies to residential mortgages but you should apply the same commitment to btl also.

[@dilligaf2386]

Thought you can only have a interest only on a buy to let didn't think you could get a mortgage repayment on a buy to let.

[@TheSajHussain]

Yes, it is possible. Just not common.

[@christopherhubbard602]

Iv got 2 house's I'm looking for a 3rd one but I'm going to wait until next year

[@TheSajHussain]

👍🏼

[@normanlee31]

Saj, any recommendations on a really good mortgage broker? My case is non standard and all the ones I have already approached haven't been any help!

[@TheSajHussain]

To access my contacts, use this link www.sajhussain.com/access-sajs-contacts/

[@taz2392]

I have a property which I purchased for £130k, it is currently valued at £250k. If I want to let it out how much money can I release to put down on my new property if there is 90k left on the mortgage? Thanks

[@TheSajHussain]

Usually 75%, so probably just under 100K. But it really depends on quite a few things.

[@taz2392]

@@TheSajHussain I thought it was 75% LTV which is 75% of 250k

[@jawadarif5676]

You can buy good property for 100k , up north

[@TheSajHussain]

You more North you go the cheaper you can find them.

[@nikkion2140]

Where up north would you recommend please? Thanks. God Bless.

[@jacquelinepaul9731]

Dear Saj...I want to buy my dream home,I have the 25% deposit on a £400.000 house,but little income,I'm thinking of doing it on a buy to let,and living in it myself..any advice please.

[@TheSajHussain]

Probably not the best thing to do. You'll be in breech of the mortgage terms.

[@johannesstevens1929]

I'm also thinking in that direction ...

[@scottrichard1986]

The lenders have ways to check for this type of fraud and its always talked about on their compliance seminars, I wouldnt do it.

[@dperry999]

Great content and advice as always, thank you.I would like to get in touch regarding financing could you send me a link or email please ?

[@TheSajHussain]

You can message me on Facebook and Instagram @TheSajHussain or you can use this link here: www.sajhussain.com/contact-us/