Buy to Let Mortgages
Looking to buy or refinance a rental property?
We have access to some of the most competitive buy to let mortgages with up to 85% loan to value (LTV)
Landlords come in many different guises… first-time landlords, ‘accidental’ landlords and experienced investors.
How Do Buy To Let Mortgages Work?
Buy to let Mortgages allow the borrower a first charge loan using an investment residential property as security.
A buy to let mortgage provider will lend to a maximum percentage of the property purchase price depending upon their lending criteria, typically the maximum loan to value (LTV)
As a long-term product, mortgage rates tend to be very competitive. The majority of buy to let mortgages offered by Lenders are interest only, this means that each month of the mortgage term you will only pay interest on the loan and not repay any of the capital.
Both fixed or variable rate mortgages are available. A fixed-rate mortgage allows the borrower to plan monthly expenditure, whilst a variable rate mortgage has the advantage of a potentially decreasing monthly repayment.
A buy to let mortgage enables the property to be rented with the mortgage repayments covered by the rent generated by the tenant, usually through an Assured Shorthold Tenancy (AST).
Buy to let mortgages cannot be used for Holiday Lets or Serviced Accommodation properties, without the lenders permission as the tenancy type is different to an AST.
Some benefits of using us
Property valuations, insurances, legal support and much more are available through our Business Support Services.
We will fully package and submit your buy to let mortgage proposal to ensure the most competitive rates and terms and ensure that your funding application is processed quickly and efficiently in order that funds are available in the shortest possible time.
Our offer
We offer our clients a true ‘one stop shop’ facility, our core competence is to provide you a fully managed and professional service that secures the most competitive funding offer available from the entire market.
Whatever your property finance requirements, we offer a free, impartial and totally confidential initial consultation and will quickly assess your funding options.
