Coventry 'ideal' for property purchase - buy to let mortgages

15 July 2009

A new development in Warwickshire offers a chance for investors to join the buy to let mortgage market.

George Wimpey's The City apartments in Coventry will be ready to move into in early 2010.

Daniel McGowan, the regional sales and marketing director for George Wimpey, said that it would be offering those looking for buy to let mortgages "fantastic incentives", reports easier.com.

George Wimpey's offers include off-plan deals where investors will receive a projected rental yield of 7.25 per cent.

The City apartments are to be located on the former Coventry City Football ground. One and two-bed apartments, as well as three-bed houses will be available.

A wider confidence in the buy to let market was suggested by the latest Young index figures.

Their second-quarter data showed that increasing numbers of residential property investors are considering purchasing additional UK properties within the next year.

Why not take a look at our best Buy to Let mortgages and make an enquiry online now.