Interest Only vs Repayment Mortgages UK | Which is BEST? | Simon Zutshi

You can find an independent mortgage broker at your local property investors network (pin), monthly property networking event. If you have not been to a property investors network meeting before, you can use voucher code YouTube to attend your first property networking at no cost. Details of all pin meetings here: https://propertyinvestorsnetwork.co.uk/meetings/

In this property education video, Simon Zutshi, author of Property Magic, founder of the property investors network (pin), and successful property investor since 1995 shares his Interest Only vs Repayment Mortgages thoughts and which mortgage is better for UK Property Investing.

Simon explains how Interest Only vs Repayment Mortgage UK is a really important topic, as it can have a massive impact on the cash flow of your Property Developments if you get it wrong.

In his Interest Only vs Repayment Mortgage Rates comparison he begins by discussing Repayment Mortgage Deals and Repayment Mortgage for Buy to Let. After giving his Repayment Mortgage Definition, he underlines how this is the type of mortgage people usually have on their own homes and try to pay it off before retirement.

He outlines that if you are involved in Property Investment UK, the goal is to always make cash flow from every property you purchase. Yet with a UK Repayment Mortgage on a Buy to Let Property you would be paying more every month, so you may not achieve as much positive cash flow. If Simon had a chosen Repayment Mortgage Strategy for his Investment Properties it would have taken him a lot longer to replace his income.

Simon moves on to Interest Only Mortgage Investment Property and highlights its benefits for those wanting cash flow from their Property Investing UK. With Interest Only Mortgage UK Explained, he elaborates on the number of ways you can repay the mortgage at the end of the term. He also talks in detail about a great Property Investing Strategy where you borrow money from your own home to buy numerous Investment Properties, once remortgaged you how to pay off you home mortgage.

He stresses the importance of thinking about how you utilise your own assets when it comes to Interest Only vs Repayment mortgages. Why would we pay Repayment Mortgages if we could get better cash flow from Interest Only?

Whilst Interest Only vs Repayment Property Investment is dependent on what you want to achieve, Simon’s final Property Investing Tip includes utilising guidance from an Independent Mortgage Broker UK who has full access to the market, instead of going to your bank, or your current mortgage provide who may have a limited number of mortgages available.

You can find an independent mortgage broker at your local property investors network (pin), monthly property networking event. If you have not been to a property investors network meeting before, you can use voucher code YouTube to attend your first property networking at no cost. Details of all pin meetings here: https://propertyinvestorsnetwork.co.uk/meetings/

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