Buy to Let and Investment Properties
How we can be of service.
Ready to start your property portfolio? Buying a house to let can be an interesting journey and potentially provide a second income over time. There are a couple of things to consider if you need to take out a mortgage.
The interest rate for buy to lets may be higher and you often require a larger deposit – typically a minimum of 20% of the property’s value. Also think about the amount of rent you expect to achieve. A useful guide is about 135% of the interest only mortgage repayment, which covers your costs if anything goes wrong.
How we can help
Our mortgage experts can advise you of the different loan options, and recommend the best one for your circumstances. This will depend whether you’re aiming to make a profit month on month, or through increased equity if the property grows in value over time. We can also explain the extra costs involved with a buy to let, such as fees, insurance and service charges.
Our own service is free of charge. Find out how we can simplify the process for you.
Please note that some Buy to Let mortgages are not regulated by the FCA.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it.