Buy to Let Mortgages

Buy To Let Mortgages

Buy to Let Mortgages Explained...

Buy to Let mortgages are ideal for those looking at buying a property to rent out and there are many mortgage products out in the market place to enable you to do this.

Most buy-to-let mortgage lenders will look at the amount of deposit you have along with how much rent you expect to receive on a monthly basis. Interest rates are usually higher for these buy-to-let mortgages but don’t try and trick the lenders by taking out a standard mortgage product and then renting it out.

There are many options to take on Buy to Let mortgages, including Fixed rate and variable rate mortgages.

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Your home may be repossessed if you do not keep up repayments on a mortgage or other loans secured on it. Think carefully before securing other debts against your homes.
There will be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances.
The fee is up to 1% of the amount borrowed.