70% Buy to Let Mortgages
70% Buy to Let Mortgages – 70% buy to let mortgages are mortgages with a loan to value (LTV) ratio of 70%, on a buy to let basis. As the value of the mortgage covers 70% of the property value, a 30% deposit is required on the property for the application to be approved. Most 70% buy to let mortgages, including those with higher or lower LTV ratios, have a minimum requirement for mortgage payments to exceed 125% of rental income on the property. As with all buy to let mortgages, researching rental and property prices in the area of the property you are looking to take out a 70% buy to let mortgage on is important. At Capital Fortune, we pride ourselves on making sure you have all the information you need to make an informed decision about any 70% buy to let mortgages. Our expert advisers carry out a detailed fact find to gain all the relevant information us to find 70% buy to let mortgages which suit your individual needs and requirements. We will even fill in all the paperwork on your behalf, making sure the terms and conditions of any mortgage you apply for through us is exactly what you are looking for. 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.