Buy To Let and Remortgaging Wareham

PUBLISHED: 14 July 2020
DISCLAIMER: The information in this blog post may be outdated and may not reflect current financial practices or market conditions

If you want to take out a buy to let mortgage our advisors will help you find a suite of lenders and compare products to ensure you are getting the best possible mortgage that suits your individual needs. We understand investors need to maximise on income and ensure the right products to help your grow your investment. When you are going to take out a buy to let mortgage the bank will expect you to put a high percentage of the value of the property down as they will be looking for serious investors, one aspect of the buy to let mortgages is that normally they are interest only, this means that each monthly payment covers just the interest payment and not the loan capital. This presumes, of course, that there are profits. A poor purchasing decision could leave you with negative equity, or you might find, as millions have in the last decade, that markets can slump as well as boom.

If you already have a property you can remortgage it to potentially save yourself money in the long run or you can use it to release funds to pay for other things like home improvements and cars. Our advisors can help you find out how much you can remortgage for, and we will also be able to assist you with the process from enquiry to completion, by dealing with the solicitors, surveyors and any other 3rd party to ensure the transaction is smooth and hassle-free.

Get in Contact with us if you are interested in any of our services!