Buy to Let Mortgage Advice
Whether you are a first time landlord or an experienced property professional, whether you are looking to purchase a new buy to let property or remortgage an existing one, no matter how complex your property needs, at First in Mortgages we are here to help you every step of the way.
If you are looking to make your first purchase it is worth noting that lenders will generally require 15% to 25% deposit, with the new loan amount being supported by the expected rental income for the property, typically representing 125% of the monthly mortgage interest payment.
Talk to us today on 02921 400 771.
Some buy to let mortgages are not regulated by the FCA.
Your property may be repossessed if you do not keep up repayments on your mortgage.
What we charge
Initial consultations are free of charge. A typical fee of £295 may be charged to arrange your mortgage. The fee is dependent on your circumstances. £95 paid on application, this fee is non-refundable. £200 is payable upon completion of your mortgage.