Buy to Let Mortgages

Up to 85% Loan to Value

Residential, Commercial, Semi Commercial 

No Upfront Fees  

Buy to Let Property

How we can help?

Buy to Let remains a popular investment strategy.

Changes in recent years to both the tax treatment and mortgage regulations mean that competitive debt finance is crucial, for both portfolio landlords and smaller investors. Here’s how we will help you.

 

  • We offer a free, no-obligation discussion on costs and time frames.

  • We have key contacts with mainstream and alternative lenders. These relationships are crucial to obtaining the right finance solution for any Buy to Let investor.

  • We can also review your existing Buy to Let mortgages and ensure your portfolio is working to your best advantage.

  • We deal with many cases that are a little more out of the ordinary and can help secure funding for a wide range of circumstances.

The Following Topics Are Covered Below

What is a Buy to Let Mortgage?

Who Are Buy to Let Mortgages For?

How Does A Buy to Let Mortgage Work?

What Are The Costs For A Buy to Let Mortgage?

How To Get A Limited Company Buy to Let Mortgage?

Ten Tips for Landlords in the UK

Key Features

 

  • Rates from 1.29% 

  • Day 1 refinance’s available

  • Faster re-mortgage service

  • Up to 85% Loan to Value

  • All property types considered – residential, semi-commercial and commercial

  • First-time buyers and First-time landlords

  • NO maximum number of properties in the background

  • We can arrange loans for ex-pats and foreign nationals

  • More lenient stress testing 100% of the pay rate

  • We can lend to all corporate structures Ltd Co, Off-Shore entities

  • Holiday lets

  • Houses of multiple occupancy

  • Student lets

 

Buy to Let Mortgages Explained 

What Is A Buy To Let Mortgage?

A buy to let mortgage is a mortgage sold specifically to people who buy property as an investment. The amount you can borrow depends largely on the rental income you expect to get from the property. 

Who Are Buy to Let Mortgages For?

Buy to let mortgages are powerful tools both for seasoned investors and for new landlords wanting to take a step into the rental property market. BTL mortgages are typically more expensive and require deposits of at least 20% of the property's purchase price. 

How Does A Buy to Let Mortgage Work?

Most borrowers take out an interest-only mortgage for their chosen property.  They then only pay the interest on the loan as it accrues every month, generally from the proceeds of the rent they collect. The capital debt- the full amount of the mortgage- is paid at the end of an agreed term. 

What Are The Costs For Buy to Let Mortgages?

The costs of becoming a landlord are ever-growing in the United Kingdom.  Arrangement, valuation and legal fees should be expected when making a buy to let purchase. The most expensive cost is Stamp Duty Land Tax, SDLT is correlated with the purchase price of your property. For buy to let, higher tax bands apply. Please see the table below for full details.

        Brackets                                      Standard rate                                    Buy-to-let 

Up to £125,000                                            0%                                                        3%

£125,001 – £250,000                                    2%                                                        5%

£250,001 – £925,000                                  5%                                                         8%

£925,001 – £1.5m                                        10%                                                        13%

£1.5m+                                                        12%                                                         15%

Source: HMRC

(April 2016)

This article is intended to provide a general understanding of the topic. The contents should not be treated as advice. 

 
 
 
 
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