Buy To Let Mortgages
With many people still struggling to meet the lending criteria required to buy their own home, the demand for rental property is still strong in many parts of the country.
When you apply for a buy to let mortgage, the amount a lender will be willing to offer will depend on the property’s rental yield. Therefore, it’s essential that you do your homework and ensure your expectations are realistic before applying for a buy to let mortgage.
Also, you can expect to pay a higher interest rate on a buy to let mortgage than you would for a residential mortgage, and your arrangement fees may be higher.
There are plenty of competitive deals on the market, so talk to us to find out which deal is right for you. We also have access to providers who can lend where renovation is required and even where the property isn’t currently habitable.