Switching To A Buy To Let Mortgage

Switching To A Buy To Let Mortgage

Switching To A Buy To Let Mortgage - Switching to a buy to let mortgage from a standard mortgage may be required if you are moving home and planning on switching your former residence to a buy to let investment. Switching to a buy to let mortgage is usually considered a brand new mortgage, whilst you existing mortgage is redeemed to fund a residential mortgage for your new home. As a result, switching to a buy to let mortgage will be primarily assessed on the basis of expected rental income from the property, rather than the income of the borrower.

There are several considerations to take into account if you are switching to a buy to let mortgage. The first is whether you would like to pay interest only or capital repayments as part of monthly repayments. Additionally, tracker rate and fixed rate packages offer differing advantages and disadvantages, depending on your particular circumstances.

We offer a professional mortgage broker service, helping clients switching to a buy to let mortgage secure the best deal for their individual requirements. Our personalised service is designed around your needs. We analyse available buy to let mortgage packages holistically to ensure that we recommend the most affordable packages overall, including hidden charges and costs. Your dedicated adviser will guide you through the entire mortgage switching process. Additionally, we will reassess your mortgage when it is eligible for renewal, ensuring you continue to be on the optimal package.

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

Switching to a buy to let mortgage need not be a headache. If you would like to save time, money and hassle, call us today.

How to get in touch

Feefo logo

Mortgage Quick Search


Please complete all questions:

How much is the property worth? (£)
How much do you want to borrow? (£)
Over how many years?
How would you like to pay?
How will the property be used?
What type of mortgage would you like?
Please choose a type of product or select All