Buy to Let mortgages are available up to 70% loan to value on properties located in England or Wales. A maximum repayment term of 25 years is available subject to a maximum age of 85 at the end of the mortgage term. Features include:
Interest only and capital repayment options
Capital raising on mortgage free properties provided the monies are used for property related purposes
Light refurbishment mortgage option
Property to be let to a close relative (spouse or civil partner, children, parents, brothers and sisters) available with a regulated mortgage.
Up to a maximum of 10 mortgages may remain outstanding with other lenders. Rental income must be 130% of the monthly mortgage interest calculated at a notional rate of 5%.
The Mortgage Broker Ltd – An award winning mortgage broker for customer service and mortgage advice. Recent awards include The British Mortgage Awards and What Mortgage Awards. Nominated for the 2012 British Mortgage Awards in the following categories: Best Broker Buy to Let, Best Broker First Time Buyer and Overall Broker category – results expected in June 2012.
The Mortgage Broker Ltd passes enquiries to authorised and regulated Mortgage Brokers to provide mortgage advice. All enquiries from this site will be passed to The Mortgage Broker (St Neots) Ltd which is an appointed representative of Openwork Ltd which is authorised and regulated by the Financial Services Authority.
Has your lender turned their back on you, time to find a new one, chat to us about who is lending and who is not.
This is a growing market, with new lenders coming on stream on a regular basis. At Edinburgh Mortgage Advice we understand what you need from Bridging and other finance, importantly when to use and when to move on. Give our team a call to chat through what you are looking for and we will give you advice on the best way to finance it.
— Available now —
Manage their buy to lets to maximise yield.
Finance their portfolios and protect their income against changes in the the market.
Get first time landlords the advice needed.
Borrow on 1st or 2nd charge basis and up to 85% LTV.
Help customers access finance to do up properties prior to letting.
Dedicated named broker working on your case.
If you are looking for a no obligation chat about what is available in the market for buy to let landlords then please fill in the form below. Now could be a very good time with new lenders entering the market, increased availability and sharper rates driven by increased competition.
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