Buy To Let Fixed Rate Remortgages
Buy To Let Fixed Rate Remortgages - Buy to let fixed rate remortgages are remortgages with a fixed rate for a specific period, available to individuals wishing to purchase a buy to let property. Individuals wishing to save money consolidate debt or raise capital can do so by remortgaging their existing buy to let mortgage. The main advantage of obtaining buy to let fixed rate remortgages is that rates are guaranteed to remain fixed over the specified period of time. This enables borrowers to budget more effectively and plan ahead for other finances. However, the risk associated with buy to let fixed rate remortgages packages is that borrowers do not enjoy any savings when the bank of England’s base rate falls as they have already committed to paying a particular fixed rate. Buy to let fixed rate remortgages exist under various rate structures and periods of time. As such borrowers need to consider how long they can afford to be tied in to a particular buy to let fixed rate remortgages deal and at what rate. As opting for any particular buy to let fixed rate remortgages deal can have an impact on your finances, specialist advice may be required to ensure a suitable and affordable package is obtained. Our impartial advisers at Capital Fortune are available to assist and advise all clients seeking to obtain buy to let fixed rate remortgages. We provide a personalised service to all our clients to ensure we obtain the optimum solution for you. Our advisers will thoroughly assess your personal circumstances to ascertain your individual needs and requirements. We will also discuss the implications of a range of buy to let fixed rate remortgages options with you. Based on this, we will use our whole of market approach to source the most competitive deal for you. Call our mortgage broker team now on 0845 3 630 430 or complete the Mortgage Enquiry Online. As part of our service, we will call you back. The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
The overall cost for comparison on residential mortgages is 4.5% APR. The actual rate available will depend on your personal circumstances.
There will be a fee for our mortgage advice, the precise amount will depend upon your circumstances but we estimate that it will be £995, payable £495 at the outset but refunded if your mortgage application is declined upon initial underwriting. The balance of our fee is typically paid on completion. Your fee will not be refunded should you withdraw from the process or not accept our recommendation. Ask your Advisor for confirmation of our fees which we will email to you in an Initial Disclosure Document (IDD). You can find further information on our Terms of Business here.
The Financial Services Authority does not regulate some forms of buy to let, commercial mortgages, secured loans, bridging finance, trusts and conveyancing.
Capital Fortune Ltd is an Appointed Representative of Pink Home Loans. Pink Home Loans is a trading name of Advance Mortgage Funding Limited which is authorised and regulated by the Financial Services Authority. Capital Fortune Ltd Registered office address: 14 Nicholas Lane, Bank, London, EC4N 7BN. Registered in England and Wales No. 05683249.
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.
The Financial Services Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.