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Buy To Let Mortgages

The Mortgage Factory are experts in Buy To Let Mortgages. We have years of experience in this area and many of our landlord clients have built successful, multi-million pound property portfolios with our expert advice.

Buy To Let Purchase

If you want to buy a property to let out you need a special Buy To Let mortgage. As with a residential mortgage you can choose between fixed, tracker and variable rates. When it comes to buy to let mortgages and assessing how much you can borrow the key factor is not how much you earn, but the likely rental income.

As a general rule, Buy To Let mortgage lenders will not let you borrow more than 75% of the property value; and typically the rental income will need to be around 120% of the mortgage payment. For example, if your Buy To Let mortgage will cost you £500 per month, your expected rental income will need to be a minimum of £600 per month.

Structuring Buy To Let Mortgages

We can show you the difference between running your property business as a sole trader or limited company by comparing the different types of buy to let mortgages to help you decide you’d like to run your property business and then recommending the most suitable buy to let mortgage for you.

Buy To Let Remortgage

If you already own a buy to let property with more than 25% equity then we have access to a wide range of lenders, where we can help you find the lowest rate buy to let remortgage product suitable for your circumstances. Whether you are just looking at a straight forward buy to let remortgage with a lower interest rate, or are looking to raise extra capital to use as a deposit on your next investment property.

Most Buy to Lets and Commercial Mortgages are not regulated by the FCA

No fee for Life Assurance, Critical Illness, Income Protection, Accident Sickness & Unemployment, Home Insurance, and Private Medical Insurance. We will be paid by commission from the company.

A fee of £495.00 £995.00 payable on completion. We will also be paid by commission from the lender. A fee of £250.00 will be payable if you decide not to proceed after the lender has made an official offer.

The Mortgage Factory is a trading name of Mortgage Factory UK Ltd , which is an appointed representative of Intrinsic Mortgage Planning Limited and Intrinsic Financial Planning Limited who are authorised and regulated by the Financial Conduct Authority (see the FCA register at www.fca.gov.uk/register/, references 440718 and 440703). Your home may be repossessed if you do not keep up repayments on your mortgage.

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

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