Let To Buy Mortgage

Let To Buy Mortgage

Let To Buy Mortgage - Let to buy mortgage is a mortgage available to property owners who wish to let their existing property out and purchase a new home. Let to buy mortgage lenders normally assess applicants on whether the proposed rental income is sufficient to cover the mortgage payment on the new property. Many borrowers are attracted to let to buy mortgage packages because lenders generally require a lower minimum deposit of 10%, whereas buying a property specifically to let normally require at least 25% down payment. Borrowers may also seek a let to buy mortgage when they cannot sell their property and wish to earn rental income instead. However, the chances of obtaining a let to buy mortgage depends on lenders requirements and individual circumstances.

As a leading mortgage broker with expertise in finding the best let to buy mortgage deals, our team understands the difficulties borrowers may encounter. Our advisers will conduct a full fact find to ensure the package we recommend is most suitable for you. We pride ourselves in knowing our lenders requirements and will only place you with the let to buy mortgage provider whose criteria you meet. With our experience and links with established let to buy mortgage lenders, we will increase your chances of a successful application, aiming to secure the most competitive rate for you. We offer a bespoke and holistic service and we will work to your time constraints and individual needs to facilitate the process and obtain successful results.

If you need any assistance why not speak to one of our Mortgage Advisers by calling 020 77 100 400 or Enquire Online.

To speak to an adviser about the best let to buy mortgage deal, call us today.

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