Buy To Let Mortgages

Buy To Let Mortgages

Want to secure your financial future with property? Good move! It can be overwhelming trying to find the best rates for a buy to let mortgage whether you’re a seasoned investor or just starting out.

So, whether you’re getting on the ladder, or moving up it, we will make your journey as stress-free as possible.

FAQ’s

Do I Need A Buy To Let Mortgage? 

If you’re planning on purchasing a property to rent out for profit, or you’ve become an accidental landlord and want to rent out your home, you must have a buy to let mortgage. It’s illegal to have a standard residential mortgage without consent from your lender. 

Is There A Limit To What I Can Borrow On A Buy To Let Mortgage?

Your lender will determine how much you can borrow by calculating the potential rental yield (income) from your property. Financial tests will be carried out, this could include your personal income as some lenders do require a minimum income amount. Do your research and identify similar properties in the area you’re looking to rent. 

Where Would I Source A Buy To Let Mortgage?

You’re in the right place. The Buy to Let mortgage arena can be time-consuming and difficult just trying to find the right lender, so let us help. As a whole of market lender, we can do the research for you. As Holme Mortgages, we have access to the whole of market for first charge mortgages, so will be able to find the mortgage best suited to you and your needs. 

How Can Holme Mortgages Help?

There are so many benefits to using a mortgage broker like us. We are open when the banks are not, we will go to extra lengths to find the best product for you and we can save you loads of time, money and effort by knowing who’s likely to say ‘yes’.