INDEPENDENT MORTGAGE ADVISERS

Becoming a landlord or expanding your portfolio?

Whether you will have long term tenants or short term holiday lets, you need a buy to let mortgage rather than a standard residential mortgage. A buy to let mortgage is specifically for people who are buying a property to rent out.

WHAT’S DIFFERENT ABOUT BUY TO LET MORTGAGES:

  • Interest rates are usually higher
  • You may need up to a 25% deposit
  • Your borrowing is linked to the monthly rental income and personal status
  • There may be some tax implications
MOST BUY TO LET MORTGAGES ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY

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