Buy to let mortgages are different from main stream residential mortgages as the mortgage repayments are supported by the rental income and not the borrowers earnings. We specialise in providing mortgage funding solutions from a single buy to let property to a multiple purchase or re-finance existing portfolios.
Buy to Let mortgages differ from Residential mortgages, you will need to consider:
Potential rent returns, as lenders will often use this as a guide to determine the amount they will lend rather than solely income.
Interest rates on a Buy to Let historically tend to be slightly higher
Lenders will expect a larger deposit to be placed on the property for additional security, usually at least 25%.
Our experts can guide you through and assist you with all the required criteria, and advise on the most suitable solution for your circumstances.
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Most forms of Buy To Let mortgage are not regulated by the Financial Conduct Authority
A mortgage is a loan secured against your home. Your home is at risk if you do not keep up repayments on your mortgage or any other debt secured on it.
You can choose how we are paid for mortgages, we can be paid by commission, a fee or a combination of both. Our typical fee is £495