Although similar to residential mortgages, buy-to-let arrangements differ in key ways. You may need a larger deposit than a regular mortgage – usually around, between 15-25% – and your lender will want to know that rent will cover your interest payments by at least 100% or sometimes upto 130%. Arrangement fees could also be higher, distorting the cost of that headline rate.
In this ever evolving market getting expert advice will save you time and money. When you want to talk about it, we’re ready to help.
Buy-to-let Mortgages features:
- Our advisors search a wide range of products to make sure you get the very best rate for your circumstances. This takes into account the interest rate and costs to set the mortgage up.
Buy-to-let Mortgages benefits:
- Helpful and friendly expert advice.
- We make the process hassle-free by assisting with administration.