Buy to Let
Whether you are looking to purchase your first property to let or you are reviewing your existing property portfolio, as a whole of market mortgage broker, we can help you to find the best deal.
Many lenders offer tailor made packages for this market, with each having it's own merits and pitfalls. Generally rates for buy to let mortgages are higher than for residential mortgages and there are normally arrangement fees to pay.
You will normally require a deposit of at least 15% (although dependant upon fee's some lenders accept a 10% deposit) and the loan amount is usually determined by the amount of rental income which you expect to achieve. Lenders have different ways of calculating the amount of rent you need to achieve but as a general rule the amount of rent will have to be higher than the monthly mortgage payment.
At Mortgage-Index we are able to arrange Landlords Buildings and Contents Insurance for you. We can also review your other protection requirements and again we have access to the whole market to ensure that you get the best deal.
Buy to Let mortgages are not regulated by the Financial Services Authority.
Unlike many mortgage sites or financial comparison companies, we will not pass your information to a 3rd party. Your application will be managed directly by Our national mortgage processing centre from the initial enquiry through to your mortgage completion. We will be your single point of contact ensuring speed, efficiency and control.
Why look elsewhere...? Apply online or CALL NOW!