What we can offer you
A buy to let mortgage is a loan for purchasing or refinancing residential property which is let to tenants rather than lived in by the borrower.
Whether you have a vast property portfolio or just one property you let, we can advise you on the mortgage suitable products for your circumstances.
When applying for a buy to let mortgage it’s important that you understand the following:
Interest rates on a buy to let mortgage tend to be higher than for a residential mortgage
You will typically need a larger deposit; usually 25% of the property's value
You will be offered a mortgage based on the rental income, however some lenders will take your personal income into account when assessing affordability
Usually a lender will lend more money if you opt for a 5 year fixed rate
We are experts in the following:
First time landlords
HMOs
Limited Company buy to lets
Non-portfolio landlords
Student lets
Portfolio landlords – people which own more than 3 mortgaged buy to let properties
What are the minimum Energy Efficiency Standard for private rental property?
Current energy efficiency standards mandate that all residential Buy To Let properties must have an Energy Performance Certificate (EPC) rated 'E' or higher. This legislation, enacted in 2018, is applicable to assured tenancy, regulated tenancy, and domestic agricultural tenancy agreements.
