Property is an excellent long term investment, and many people have turned to property rental as a way to
supplement their monthly income.
If you are looking to buy a property with the sole intention of renting it out to people then you will need a Buy to Let mortgage. Unlike residential mortgages, the amount you can borrow is determined by how much rent you
can achieve by letting the property rather than your personal income.
Many lenders now offer a range of Buy to Let mortgages, on both interest only and repayment options, and interest rates to suit different circumstance.
Typically you will need a 25% deposit for a Buy to Let mortgage. There are some lenders who will offer to lend you more but you should think about the implications of doing this.
We are independent mortgage brokers which means we will research and
evaluate the best Buy to Let mortgage across all lenders, ensuring you get the best deal that best meets your needs while keeping rates and fees competitive.
Call now for a free consultation to see how we can help you get the best Buy
to Let mortgage deal.