Buy-to-Let Mortgages
A buy-to-let mortgage is also known as an investment mortgage,
and is designed for borrowers who want to buy a property to let
out to tenants. The amount that the buy to let landlord receives
in rent may be above the mortgage payments and will therefore help
to offset the management and maintenance costs of the property.
More and more people are investing in buy to let property as a long-term
opportunity to make profit, as well as a way of securing finance
for their retirement.
There are many competitive buy to let mortgage deals available,
that are specifically aimed at the buy-to-let sector. These vary
from special offer buy to let mortgage deals to variable and fixed
and rate options. Orchard can search the whole of Buy-to-Let mortgage
market, and help you choose the best mortgage for you. It is crucial
that you find the best buy-to-let mortgage rate as this will determine
whether or not you can afford the buy-to-let investment. UK mortgage
lenders will often assess buy-to-let mortgages on the earning potential
of the property using the rental income, rather than affordability.
However in more recent times the decision is based on the estimate
given by the surveyor as to what the rental should be.
Council of Mortgage Lenders
Buy-to-Let Leaflet
Complete our Mortgage Enquiry form here to request advice from
one of our Financial Advisers 
To find out more information on Buy-to-Let Mortgages please Contact
us
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The precise amount will depend on your circumstances but will be a maximum of £250, this fee will be payable on completion.
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK. |
