Buy To LetMake Money through Mortgage Rental
Are you looking to invest into property for the purpose of making money through rental? Then a Buy to let mortgage might be the best option for you, and our experienced and friendly mortgage advisors are available to help guide you through the whole process. Are you an experienced landlord looking to remortgage your existing property or to get more properties added to your portfolio?
Our experienced advisors are available to either guide you so you get the most savings out of your remortgage or to help you get a new mortgage with high profit margin from our 1000s of mortgage deals.
You will be assigned a dedicated advisor who will help guide you through the rigorous process of the application. Your advisor will take responsibility of getting the paperwork for the mortgage application ready, as well as liasing with lenders, solicitors and suveyors to ensure your transaction is done professionally and in a timely manner.
How Does Buy To Let Mortgages Work?
Buy to let mortgages are designed specifically for properties used for rental purposes. Its affordability is calculated based on rental income from the property and is usually based on an interest-only basis.
The rental income used in the mortgage calculation varies from lender to lender, however, the income from rental must exceed the mortgage payment by a certain amount
The total amount you can borrow would vary from Lender to Lender and the amount stated above is an estimate of the maximum amount you can borrow based on your income.
The actual amount you can borrow will take other factors such as your credit score and current credit commitments into consideration. Thus, this should be used as a guide.
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