A Buy to Let mortgage is for buyers who intend to rent out their purchased property. This could be a house, a flat or commercial building.
Whether it’s your first investment, or an addition to your existing property portfolio, you want the best deal for your circumstances – and one that’s most likely to give you returns on your investment. As Buy to Let mortgage experts, we’ll work with you to find a lender that suits your needs.
We’ll explore your options in terms of deals, and take you through each step to help make the process of buying to let a smooth one.
As with any mortgage, you’ll have to meet specific lender criteria. As a rule of thumb you’ll usually qualify for a Buy to Let mortgage if:
As a Buy to Let mortgage can be seen as a slightly riskier prospect for some lenders, you will typically need at least a 25% deposit. This will depend on your circumstances, as in some cases lenders will accept 20%.
Momentum Mortgages is proud to be a part of Embrace Financial Services .