As an experienced landlord or if you are buying your very first investment property a Buy to Let mortgage is probably what you need to finance the transaction. The lenders will base most of their calculations on how much the property will generate in rental income yet the method of calculating this varies with each lender so you need someone working with you who has a good grasp of the differing requirements. Typically you will need more deposit and the rates will be higher compared to a residential mortgage and please remember this is additional income so we advise speaking to a registered accountant.
The majority of Buy to Let mortgages can only be accessed by a mortgage intermediary so leave it to Coastway Financial to look after your Buy to Let needs with confidence that your needs are our priority.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME FORMS OF BUY TO LETS.