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Our advisers have significant experience in a range of areas, and are able to provide bespoke specialist advice on everything from mortgages to pensions.

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While there are many places to turn to for financial advice, an Independent Financial Adviser (IFA) is able to offer you unbiased advice on financial products across the entire market.

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MORTGAGES

We know how time consuming it can be to establish exactly which mortgage is right for you. Our financial advisers can help you select the best mortgage available, and help with the paperwork that comes with it.

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When it comes to more complicated financial matters such as investments or pensions, a financial adviser who knows the ins and outs can point you in the right direction.

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There are many different types of savings and investments, each with different structures and tax implications. We can discuss your aims and objectives and recommend the most suitable ways to achieve your goals.

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Taxation can be very complicated. The rules, reliefs and allowances often change, meaning it is important to stay on top of the current laws to ensure you're managing your finances in a tax-efficient way.

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PENSIONS & RETIREMENT

As pension specialists, we can provide advice on areas of pensions which other advisers simply aren't qualified to advise in. We can help you decide how much you should be putting in your pension as well as ensuring that your pension contributions are tax efficient.

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Unfortunately, estate planning is not just for the retired or the wealthy. We can help arrage your estate appropriately so that it is distributed in line with your wishes.

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Equity release describes a range of products that allow you to release the cash tied up in your home without moving. Niche are regulated by the FCA to advise and sell equity release products.

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LONG TERM CARE

Providing long term care can sometimes be a serious financial burden on those who need care and their relatives. We work closely with care providers and solicitors to provide specialist advice on care fees and funding long term care.

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NICHE SPORTS

Niche Sports provides all aspects of financial planning for sports professionals, including on pension advice, current accounts, savings and investments, mortgages, image rights and retirement planning.

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Mortgages

MORTGAGES

Overview Remortgaging

Buy to Let

First Time Buyers Home Mover Help to Buy Wales Help to Buy UK

Buy to Let advice

Buy to Let is the process of purchasing a house with the sole intention of renting it out.

When looking to purchase a Buy-to-Let property most people will look for a buy-to-let mortgage. This is a mortgage arrangement in which an investor borrows money to purchase property in the private rented sector in order to let it out to tenants.

The lenders will work out how much they are willing to lend the individual through a number of calculations (different to those used for standard mortgages). They usually have a slightly higher interest rate.

Benefits and Risks

As with all property rental, the benefits for a buy-to-let landlord can include a stable income from rental payments, as well as an accumulation of wealth if house prices go up over time.

Rising house prices in the UK have made buy-to-let a popular way to invest. The main risk involves leveraged speculation where the landlord takes a loan to buy the property, with the expectation that the house can be sold later for a higher price, or that rental income will meet or exceed the cost of the loan.

If the landlord cannot meet the conditions of their mortgage repayments then the bank will seek to take possession of the property and sell it to gain the loaned money.

Tips when looking to Buy to Let

  1. Research the market - You will need to put a lot of research into the market before you think about entering it. You have to know the benefits and the drawbacks of this type of investment.
  2. Choose a promising area - Promising does not mean most expensive or cheapest. Promising means a place where people would like to live and this can be for a variety of reasons, for instance in a University city to rent out to students.
  3. Do the maths - Before you think about properties sit down with a pen and paper and write down the cost of houses you are looking at and the rent you are likely to get for them.
  4. Shop around to get the best mortgage deal - This will help you with keeping the rent down, enabling you to keep rent at a competitive rate and give you a better profit.
  5. Consider your target tenants - Think about how the property should look for your tenant. Does it have the right features for the type of tenant you want?
  6. Consider looking farther away or improving a property - Improving a cheap property is a great way to boost your profits when renting, also don't be afraid to look further away from where you are currently living - aim for areas with good commuting links to increase your appeal.
  7. Don't be over ambitious with rental yield - Calculate the correct levels you need to make a steady profit but don't go overboard as you risk pushing away potential tenants.
  8. Don't be afraid to haggle – Buy-to-let investors have the same advantage as first time buyers when looking for a discount, see if you can negotiate down the price of the property.
  9. Know the pitfalls – Make sure you are aware of the possible negative drawbacks of this and what could happen if housing prices fall. Remember, this is an investment, and as with all investments, there is a risk.
  10. Consider how hands on you want to be - When buying a property you have to decide if you are going to let it be run through an agent or if you are going to do it all yourself. Agents will charge you for their services, but they usually have good links to professionals should there be any issue with the property. However, a DIY approach could save you money and gives a more personal service to your tenants. Bear in mind that you will likely have to give up a lot of time to make repairs and other things if they are needed. An agent can take away the hassle.

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