Buy to Let

Getting the right mortgage

Finding the right buy to let property with the right yield is important, but if you select the wrong lender or product your profits or capital growth will be eroded.

You may be looking to buy your first investment property, or perhaps adding to an existing portfolio. You may want to borrow more money against properties you already own, or just want to change schemes. Picking the right buy to let scheme is vitally important.

There are suitable buy to let schemes available to meet most requirements, but finding the right one may not be as easy as it looks. There is so much to consider, including:

  • Do you want to pay “interest only” or reduce the capital balance as well.
  • Do you want to stabilise payments by benefiting from a fixed rate, or perhaps a discounted scheme with lower initial payments is more important?
  • Are you likely to want to repay the mortgage early, but want to avoid penalties, in which case a Tracker may be more suitable.
  • If you want to maximise borrowing against a modest yield, are you willing to have redemption penalties that exceed the initial mortgage incentive period. What if rental income does not justify the advance required, using the product you want?
  • Do you want your own income to be taken into account, or do you need the high yield from other properties to be taken into account when assessing the maximum funding available.
  • Do you want the flexibility to overpay and underpay on your mortgage, or perhaps to sell a property and replace it with another without incurring penalties?

What ever your preferences, just let us know and we will match them to the property details and we will identify the best solution for you. If we are unable to find an exact match we will offer alternatives for your consideration.

If you need to finance any property investment you can call us today on 01738 628191 or fill in our enquiry form below. Which ever way you choose to contact us we will be happy to assist in any way we can.

Click here to use our enquiry form

Click here to use our Mortgage calculator

Your property may be repossessed if you do not keep up repayments on your mortgage.

Buy to Let mortgages are not regulated by the Financial Conduct Authority.