Buy To Let Mortgages
Whether this is your first Buy to Let property, or you want to extend your current property portfolio, our expert partners can advise you on the right Buy to Let mortgage for your circumstances.
If you are planning to a buy a property to rent to long term tenants and need a mortgage, you will need a Buy to Let mortgage. This type of mortgage is specially created for the owners of properties let to tenants on 6 – 12 months shorthold tenancies.
Whether this is your first Buy to Let property, or you want to extend your current property portfolio, our expert partners can advise you on the right Buy to Let mortgage for your circumstances.
Our mortgage advisor partners will walk you through the mortgage application process, explaining all the information they need from you. They’ll help you pull together all the information including your expected rent projections. Then they’ll survey the Buy To Let mortgage market to find the right product for you, your plans and your circumstances.
It might be that if you have an existing property portfolio you can borrow against the whole portfolio, not just the new property.
Our trusted partner will review all the options with you before they make their recommendation and make sure you are aware of all your options.
Our partners pride themselves on delivering great customer service. They want to build long term relationships with their clients so you can be assured they will make the process as straightforward and stress-free as possible. Apply now to start the journey towards your new Buy To Let property!
Take a look at our frequently asked questions and answers to help you plan your next buy to let purchase.
In a word, yes.
A buy to let mortgage is specifically for landlords who want to let a property to long term tenants. The tenants will live in the house or flat and it will be their main residence and there will be a rental agreement in place such as an Assured Shorthold Tenancy.
When considering whether or not to lend a landlord money for a buy to let property lenders will be interested several factors:
* The potential monthly rental income the property will generate
* The property’s value and suitability as an investment
* The landlords credit rating and financial circumstances
For expert advice get in touch with our recommended mortgage advisor.
Finding the right product to fund your ambitions to become a landlord can be a complicated business so we would always advise you to find a good mortgage broker to help you realise your dream.
The tax rules for buy to let landlords have changed in recent years so it’s a good idea to find a mortgage advisor and tax advisor who can inform you of the current rules and your potential liabilities.
A good mortgage advisor can scan the available buy to let mortgage products to find the right one for your circumstances. They will help you understand the information you will need to provide to your chosen lender and walk you through the whole application process.
You can fill out our partner’s contact form here and they’ll get back to you shortly to discuss your needs.