There are significant changes to the way in which mortgage lenders assess buy-to-let affordability and it is now more complex to obtain a buy-to-let mortgage. We will guide you through the whole process.

Owning a property for investment purposes can be great however in light of recent tax changes, we recommend that you take advice from a tax specialist prior to purchase so you fully understand your position. If you are considering building a property or adding to a property portfolio, there may be avenues to explore how best to financially manage this  and, once again, taking advice from a tax specialist is highly recommended. Whatever the size of your property portfolio we can help.

The overall goal is for your buy-to-let property to be self-financing, with rental income received covering the mortgage payments. By sourcing the most appropriate mortgage product, our aim is to ensure that your property does not result in an unwanted financial burden but instead, a healthy income stream.

There are many buy-to-let specialist lenders with an ever-increasing number of new lenders entering into this arena of mortgage lending. Combined with the numerous ways of assessing affordability, it can sometimes appear quite confusing.  We are passionate about our knowledge base in this arena and would be happy to talk things through with you in clear and simple to understand language.

Early Repayment Charges:-The process of changing any mortgage to a different lender is classed as re-mortgaging. As with any re-mortgage, you should check whether there are penalties – also known as Early Repayment Charges (ERC) – for ending your current agreement earlier than contracted. You should check if these exist on your current mortgage before considering changing your mortgage. If you are struggling to find this, bring or send your previous correspondence to us and we can help.

‘MOST BUY-TO-LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY’