Buy to Let Mortgages
Buy to let mortgages are specialist home loans for buying property to let out rather than live in yourself. Sometimes known as Landlord mortgages Buy to Let mortgages are used by property investors to purchase property to rent.
Since property investing has become more popular over the last few years the number of lenders entering this specialist market has increased and as such finding the right mortgage product can be more confusing.
As with standard mortgages there are interest only and repayment options but also fixed rate deals which can be useful in the early years when you may have added expense refurbishing the property before letting out to tenants.
With house prices in the UK having risen dramatically over the last 10 years the average age of a First Time Buyer is now 33 years old. This means that people are having to rent for longer so the demand for buy to lets will remain strong.
Generally you will need a minimum deposit of 15% but there are a few lenders that allow a lower loan to value (LTV).
You can use our online mortgage calculators to estimate the maximum you can borrow, minimum rental required, stamp duty tax, and remortgage savings.
Why Choose Buy To Let Mortgages?
- By taking professional mortgage advice you will have access to all the latest Buy to Let deals, including several exclusive products.
- We can save you £1000s by switching the mortgage or remortgaging your current Buy to Let property to a different bank or building society.
- All applications are handled and completed by telephone and post, saving you time, so you can concentrate on your business.
- Our mortgage advisors can search the whole of the market to find you the best rates, saving you hours of your time.
Get Your - Free No Obligation - Buy To Let Mortgage Quote Here
