Buy-to-Let Mortgages

Buy-to-Let is fun! Buying your next rental property can be stressful.

You don't have to figure it out by yourself. Our Buy-to-Let Mortgage Advisers will help you find the best mortgage deal, explain the different options and assist you in every stage of your landlord journey. The rules around landlord finance can be complicated from unusual properties, rental stress tests, limited company buy to let and more so for portfolio landlords. Your circumstances can limit options from minimum income, credit score and experience.

🔷What is a buy-to-let mortgage?

If you intend to buy (or remortgage) a property to rent it out you will need a buy-to-let mortgage. The difference compared to a residential mortgage is consent to rent it out. Also, the loan amount derives from the rent instead of your personal affordability. You may need a specific type of mortgage - HMO Mortgages allow you to rent a single house to multiple tenants. A Limited Company mortgage allows you to buy in the name of a company.

🔷How do I Compare Mortgages?

With public tools, it is very difficult for you to compare mortgages without the assistance of a mortgage advisor. It is difficult to know what you can or can not qualify for. Our mortgage advisers will help you assess the market. Find the best mortgage available. With years of personal experience and our knowledge bank, we can disqualify lenders. This helps prevent false starts. There are many ways to compare the best mortgage for you. Wanting low fees such as low arrangement fees, valuation fees or solicitors fees can be one criteria. Others may be rate driven, looking for the best mortgage rate. Most landlords are looking to "total to pay" over the initial term. Finding the lowest amount of fees, rates, etc all added up to compare the lowest you will pay over the initial term.

🔷Is buy-to-let worth it?

The investment is not unlike any others - you can make good returns or you may make a loss from property downturns, low rental demand or bad tenants to give a few examples. Many investors like buy-to-let as it is a brick & mortar investment, you have a physical asset to show for your investment. One that has the possibility to be resold at a loss, break-even or profit depending on market conditions. An asset that if chosen wisely will give you monthly returns on your investment. It can also be hands-on, you can talk to your tenants and provide a good service. You can invest time to renovate the property. Your efforts can affect the bottom line.

🔷Talk to our Buy-to-Let Mortgage Advisers