The best advice on buy-to-let mortgages
Making a buy-to-let property work for you is all about getting it at the right price and getting the right mortgage deal..
You need expert advice to maximise the yield. The right property could get you a gross annual return of between 5% and 10%.
Lenders will ask you for a larger deposit than a home you’ll live in – generally 25%. You’ll need to pay arrangement fees of up to £2,000 and lenders will charge slightly more interest on buy-to-let loans.
You’ll also need to show lenders the rent you charge will cover mortgage interest payments by 125% or more. That will help cover maintenance costs or lost rent if the property is empty for a time.
How can we help?
Whether you have impaired credit or a great credit history, our experienced advisers will look at your goals for your buy-to-let property and they will help you make informed decisions – with accurate, up-to-date advice.
They will seek out the best deals for you across the whole mortgage market.
Good advice could mean you saving thousands of pounds during the lifetime of your buy-to-let mortgage.
If you’re embarking on your first buy-to-let, our advisers will help you through the process for the first time.
If you have a portfolio of properties, our experts will help you navigate the issues which may come with that – like different lenders with different guidelines on the number of properties they’ll mortgage, or the number of mortgages they’ll issue to one applicant.
Some lenders will restrict the type of properties they’ll mortgage, too. Some will refuse buy-to-let mortgages on ex-council homes or new builds, which is why you need to speak to us. We will guide you through the maze ensuring you find the right deal to suit your circumstances.
Why Choose us?
- Impartial advice from qualified independent brokers
- Our initial consultation is FREE
- We have access to all the buy-to-let products on the market – not just those from one or two lenders
- We have years of expertise in brokering buy-to-let mortgages
- Our financial advice is fast and friendly!
- Our advisers are registered with and regulated by the Financial Conduct Authority
- We help clients with both good and impaired credit histories
Start the conversation!
Call 029 2166 0550