Buy-To-Let Mortgage Advice

Years ago it was much more difficult to get a Buy To Let mortgage than it is today, as they are now centred on investment properties rather than personal residences. As the market has evolved, these types of mortgages are now virtually a standard offering from high street banks and building societies. With an experienced mortgage advisor to guide you through the process, it can be easier than ever to get a Buy To Let mortgage.

Buying a property to rent out is now quite an attractive prospect and can pay great dividends in the long term. As such, whether you are a first-time landlord, a portfolio property owner or someone looking to let out a Home in Multiple Occupation (HMO), it’s likely that lenders will have a mortgage product to suit your needs. However, finding exactly the right mortgage can be a challenge, and getting the correct advice can be as important as finding the best property.

Interest rates and fees on a Buy to Let mortgage differ from those for a standard residential mortgage, as do the criteria lenders use to determine if and how much buyers can borrow. This is usually based on the buyer’s circumstances and what the lender determines will be the income generated by the property–local market rental rate.

Anyone who has a buy to let mortgage where their initial fixed or tracker rate has come to an end could achieve significant reductions in their monthly mortgage payments by finding a new deal. This could be with an existing lender (rate switch) or with a new lender (buy to let re-mortgage).

We can:

• Check your eligibility
• Compare deals
• Help investors considering Limited Company Buy to Let
• Help with Houses of Multiple Occupancy (HMO) rental / Multi-Let