The Buy To Let market has become increasing complex in recent years. With a raft of regulatory changes and lenders innovation. That is not a bad thing at all, but it does mean navigating your way to the best mortgage rate possible may well be more difficult than you had anticipated.
Contact a Buy To Let mortgages advisor to discuss your mortgage goals and to find out about Buy To Let mortgage rates.
The two key drivers when you compare Buy To Let mortgages are
As a Buy to Let mortgage broker we can advise you on what Buy to Let mortgages UK suit your circumstances and undertake a Buy to Let mortgage comparison for you.
Here are some simple examples.
|Mortgage payment monthly||£208 p.m.|
£208 x 125%
|Required rent to secure Buy To Let mortgage||£260 p.m.|
|Mortgage payment monthly||£375 p.m.|
£375 x 145%
|Required rent to secure Buy To Let mortgage||£543 p.m.|
For more information on how the Interest Cover Ratio works in your circumstances and to compare Buy To Let mortgages, contact your Buy To Let mortgage broker.
Once you’ve got through the assessment of the loan then a Buy To Let mortgage is the same as any normal mortgage in terms of how you structure it.
You have all the normal product options when undertaking a Buy To Let comparison.
There are fewer Buy To Let options available than in the past but they are obtainable. Speak to a Buy To Let mortgages advisor as we probably have several options which others do not and can advise you on Buy To Let mortgage rates.
Whatever your mortgage goal is, do please contact your Buy To Let mortgages advisor as we are a Buy to Let Mortgage broker and would love to help you out and talk through this complex area.
The Financial Conduct Authority does not regulate most Buy to Let Mortgages
A quick and easy way to calculate your monthly mortgage payments. Simply enter the amount you wish to borrow, the term over which you intend to pay it off and the interest rate. Then hit the ‘Calculate’ button.
The first figure gives the total monthly payment for a straight repayment mortgage, including both interest and payment towards the capital loan amount. This reduces the amount owed on the capital, month by month. The second figure shows the amount of interest payment only.
This information is a guide only and should not be relied on as a recommendation or advice that any particular mortgage is suitable for you. All mortgages are subject to the applicant(s) meeting the eligibility criteria of lenders. Make an appointment to receive mortgage advice suitable for your needs and circumstances.
A fee of up to 1% of the mortgage amount may be charged depending on your circumstances (ie. £1000 on a £100,000 mortgage). A typical fee is £495 plus we will receive commission from the lender.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Rose Capital Partners Ltd is an appointed representative of PRIMIS Mortgage Network, a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Conduct Authority. The Financial Conduct Authority does not regulate some forms of Buy-to-Let. The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK. Rose Capital Partners Ltd. Registration No. 08843654 registered in England and Wales. Registered Address, Leigh Saxton Green, Clearwater House, 4-7 Manchester Street, London W1U 3AE.