Rent to Rent Mortgages
Looking to buy or refinance a rent to rent property?
Rent to Rent Mortgages are a Specialist BTL Mortgage
Raise up to 75% loan to value (LTV) on Rent to Rent Mortgages
Landlords come in many different guises… first-time landlords, ‘accidental’ landlords and experienced investors.
How Do Rent to Rent Mortgages Work?
Rent to Rent Mortgages allow the borrower a first charge loan using an investment residential property as security.
A rent to rent specialisit 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 rent to rent 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 specialist rent to rent mortgage enables the property to be rented to a 3rd party who will manage and rent the property on their own behalf, paying a rental income to the property owner. Lenders will require copies of contracts and the level of mortgage available will be limited by the rent to rent rental income received.
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.
