Buy To Let Mortgage Articles

Why do I Need an Independent Mortgage Advisor?

Why do i need an independent mortgage advisor

Whether you’re ready to apply for your first mortgage, whether you’re seeking to remortgage an existing property, or whether you’re upgrading to a larger home and need an increased home loan, getting help from an independent mortgage advisor is the best course of action. Independent mortgage advisors provide impartial advice about the different mortgage options

What is the Eligibility Criteria for a Buy to Let Mortgage in the UK?

Since buy to let mortgages are designed for landlords purchasing a property to rent out, it’s often seen as a higher risk loan for lenders. That’s why compared with standard residential mortgages for properties you plan on living in, buy to let mortgages can have stricter eligibility criteria. Everything from your age to your experience

What is a Limited Company BTL Mortgage?

Buy to let mortgages are designed for landlords looking to purchase a property to rent to a tenant. While you can take out a buy to let mortgage in your name, opting for a limited company buy to let mortgage instead can have many benefits for professional landlords. If you’re thinking about getting a buy

What is a Consumer Buy to Let Mortgage?

If you’re wondering what consumer buy to let mortgages are and how they work, here’s an overview of the differences between them and how you can change a residential mortgage to a consumer buy to let. What is a Buy to Let Mortgage? Buy to let mortgages allow landlords to purchase a property to rent

What is a Buy to Let Mortgage?

Buy to let mortgages work in a similar way to residential mortgages, but the terms and conditions, deposits, expenses, and lending criteria can be vastly different. Just because you qualify for a residential mortgage, that doesn’t mean you’ll be able to get a buy to let one. If you’re thinking about getting a buy to

What Level of Income Do I Need to Qualify for a BTL Mortgage?

Buy to let mortgages are designed for landlords looking to purchase and rent out a property. While many lenders offer buy to let mortgages, the eligibility criteria can be strict – especially for first-time landlords. A lot of lenders require you to meet a minimum income threshold before you can apply for a buy to

Can I Get a BTL Mortgage With Bad Credit History?

If you’re looking to get a buy to let mortgage with bad credit, here’s a guide to help you understand your credit issues and how to find a buy to let mortgage that’s right for you. Can I Get a Buy to Let Mortgage With Bad Credit? In short, yes, you can get a buy

How Much Deposit Do I Need For A BTL Mortgage?

Even though buy to let mortgages aren’t always more expensive in terms of monthly repayments, the upfront fees can be costly – especially compared to purchasing a property to live in. Deposit criteria will vary per lender, but you can usually expect to pay a larger deposit for a buy to let mortgage than you

Can I Remortgage My Home to Buy Another Property?

Generally speaking, yes, you can remortgage your home to buy another property. Eligibility criteria for a remortgage will vary, but you can usually find a lender that will accept your application. Remortgaging an existing property to purchase another is often one of the best ways to generate a deposit since you can use the equity