With our services, we will source from a suite of lenders and we will compare the products to ensure you have the best mortgage that suits your individual circumstances. We understand investors need to maximise on income and ensure the right product to help you grow your investment portfolio. Our advisors will understand your needs whether you are looking for that 1-time investment or to build a portfolio of properties. Let our experts guide you. We can help you find a market-leading buy to let products that offer some of the best rates in history.
When you get a buy to let products the bank will see the borrower as a business partner, one which they hope will be fit and healthy when the agreement comes to an end. This also means that if you are looking into letting a home you need to make sure that you have a good business plan. Reasons for this is because the lender will want to know where their money is going. As you can’t get a conventional mortgage or insurance to buy a buy to let property and a mortgage for rental property will typically have much higher rates than a residential mortgage. This shows that banks are interested in lending to serious investors who can purchase a higher percentage of the value of the property themselves. One benefit to a buy to let mortgage is that they are normally interest-only mortgages so you don’t pay the loan capital back to the lender. This means that at the end of the agreement the capital can be repaid by selling the property and the seller can retain any profits. You will also be responsible for the local authority as well as the bank, rental property has to reach basic levels of safety, hygiene and energy efficiency. It is always worth checking with your council’s housing department for further advice on your legal requirements before you proceed.
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