Buy to Let Mortgages – What you Need to Know
Arranging a Buy to Let mortgage can be a potential minefield with every lender using a different way of calculating and assessing what they could lend you.
For example, lenders may offer what seems to be a low competitive rate only to charge a large arrangement fee which in most cases will be added to the mortgage. In some cases, however, the lender may stipulate that this fee has to be paid upfront on application.
Conversely, lenders may offer what appears to be a high interest rate yet has no (or only a small) arrangement fee.
We will help you complete the paperwork involved with the application and will keep you fully informed about how your application is progressing
Reasons you might want a Buy to Let Mortgage