Buy To Let Mortgages

If you are considering a Buy to Let mortgage let us help you with our extensive experience. A Buy To Let mortgage is essentially a mortgage to finance the purchase of a property as an investment.

Investment properties can be let in various ways and whether you are looking to let the property through an AST, a Holiday Let or an HMO we can advise you on the most suitable mortgage product and lender for your needs.

To purchase an investment property you generally need to finance a deposit of a minimum of 25% of the value of the investment property. The maximum mortgage available is calculated using the rental income to be generated by the property and this calculation varies between lenders. We will find the most appropriate lender to fund the property that you have selected.

Most property investors prefer to secure a Buy to Let mortgage on an Interest Only basis. This minimises the monthly mortgage payment commitment leaving a greater margin to cater for any rental voids or other costs. The mortgage will need to be repaid at the end of the term from the sale proceeds when the property is sold.

Portfolio Landlords

A number of our clients are Portfolio Landlords owning at least 4 Buy to Lets. In these cases Lenders will consider the overall financial performance of the portfolio of properties to assess the lending that would be available. Again this assessment varies from lender to lender and our experience and knowledge of this market enables us to identify suitable lenders for individual applications

Limited Company Buy To Let

Employing a Limited Company to purchase and manage an investment property can have tax advantages. We recommend that advice from a qualified accountant is taken before choosing this route as there are additional costs involved and it is therefore essential to ensure that any tax advantages would offset the costs. We would be happy to provide you with information on the specific criteria required by the lenders for this purpose.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

We normally charge a fee for mortgage advice. The amount will depend on your circumstances.
A typical fee would be £495 payable on offer. A fee of £100 is payable on application.

Network Mortgages is a trading style of Network Mortgages (South East) Limited which is an appointed representative of PRIMIS. PRIMIS Mortgage Network is a trading style of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Conduct Authority. Network Mortgages (South East) Limited registered in England & Wales Reg No 10439208. The Financial Conduct Authority does not regulate most buy to let mortgages. Network Mortgages (South East) Ltd act as a credit broker not a lender for home and landlords insurance. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to customers based in the UK.

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