Buy To Let Mortgages

Buy To Let Mortgages

In the main you will need a minimum of 15% deposit, and the mortgage should fund the remainder. The problem with this is that most of the lending decisions are based on a rental assessment.

This figure then as a general guide has to cover the mortgage payment by 120%, 125% or 130%, usually at the lenders standard variable rate or in some cases the actual preferential rate the lender is offering. Some lenders however will take account of overall affordability, and in certain cases, even the borrowers own income.

Buy to Let mortgages are not regulated by the FSA.

• Site Map
• Privacy Policy
• Terms and Conditions
• ↑↑Top

Important Information

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME YOUR HOME MAY BE REPOSSESED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

There may be a fee charged for mortgage advice although in many circumstances this will be waived, we estimate this fee to be £395. Being independent we also have a fee only option whereby we charge a 1% fee on the amount borrowed and any commission derived from the lender is rebated back to you.

Mortgage Financial Ltd is an Appointed Representative of Mortgage Intelligence Ltd, which is authorised and regulated by the Financial Services Authority. Mortgage Financial Ltd Registered in England & Wales No. 5966543. Registered Office: 130 Aztec, Park Avenue, Aztec West, Bristol, BS32 4UB.