Buy-to-let mortgages are now available from plenty of mortgage lenders. Investing in property can be very lucrative, but it is essential that you do your homework and research the options: What type of property should you buy? Should you use a lettings agent? What mortgage rates are available? We are experts in the buy to let market and have helped a variety of landlords, from first-time landlords to professional landlords, to get the best rates available. We can also put you in touch with reputable letting agents, or help you do it yourself if you prefer.
Buying residential property to rent out privately has been hugely popular in recent years. Indeed, there are more than 275,000 properties in the UK with buy to let mortgages. They are popular because property is a great longer-term investment, interest rates are low so buy-to-let mortgages are affordable, there is plenty of demand for rental accommodation and mortgage lenders are offering competitive, specifically-designed buy to let packages to make life easy for the landlord.
Buy to let mortgages are available up to 85% loan to value. All sorts of properties can be mortgaged, including multiple occupancy (HMOs, DSS and Private Sector Leasing Schemes.
We can also arrange remortgages on buy to lets, with free valuations and free legal assistance or cashback. This can be extremely useful to free up equity for improvements, to put down as a deposit on another property, or even simply just to reduce your monthly mortgage payments. Please note, most buy to let mortgages are NOT regulated by the Financial Conduct Authority. Contact us if you would like more information on buy to let mortgages.