Are you looking for your first buy-to-let property?
Do you have an existing property portfolio?

Buy-to-let mortgages have become considerably more popular over recent years as more and more people see the potential value in becoming landlords and investing in property. In addition to rental income and the potential of property value appreciation, many landlords have a long term strategy and use property as an alternative method of retirement funding.

Things to bear in mind

Speed is vital –
Finding property at the right price is important and when you do you need to move quickly, we understand this and in many cases we are able to have your buy-to-let mortgage agreed within minutes.

Who is eligible? -
Buy-to-let mortgages are available for most scenarios, including first-time buyers, remortgages, and limited companies and professional landlords. We will review your own personal circumstances and research the whole of the market to find a suitable buy-to-let mortgage for you.

How much can be borrowed? -
Typically most lenders insist on the rental income being between 120-140% of the mortgage payment. However, as Lenders deals become more competitive, it is possible to obtain more flexible lending criteria. We have access to exclusive mortgage schemes which do not use this method of calculation.

Portfolios –
Many Landlords continue to purchase after making their first buy-to-let purchase, attracted by the prospect of multiple property ownership. As a result, many investor landlords now re-mortgage to gain more favourable rates and to raise further capital for additional property purchases. As part of portfolio lending we are able to improve your cash flow whilst also improving the terms of your existing finance.

Let-to-Buy -
Let-to-buy mortgages are ideal for those who are looking to move house but are either struggling to sell, or don’t wish to sell their existing property. By letting out your property you can use the rental income to meet the mortgage repayments without having to rely on your own income. A number of High Street lenders are willing to consider a second residential mortgage where the rental income is sufficient to cover the mortgage repayments on the first mortgage.

Risks -
Although buy-to-let property investment continues to be popular, there are a number of risks you should consider before you purchase;

• Property prices can drop, particularly in the short term
• Interest rates may rise
• Your money is tied up in the property and selling may not be as quick as you need.
• The property needs to be maintained
• You may experience problems finding tenants

Property is a long term investment and is by no means risk free. This means it is essential you seek professional advice before seriously considering buying to let.

How we can help

We are experienced independent buy-to-let mortgage brokers. We compare buy-to-let mortgage and remortgage finance from the whole UK Market and have access to many exclusive products simply not available directly to the general public or via other mortgage brokers.

We offer specialist advice to new and existing Landlords, and not only will we work closely with our Landlord to secure the best deal, we will also discuss their investment strategy.

BTL interest rates are becoming increasingly more competitive and lower deposits are required. Rental income will be considered by the lenders although the income required will generally need to be higher than your monthly repayments.

They will even take care of all the mortgage paperwork for you, so you don't need to worry about a thing.