Buy to Let Mortgages

Considering buying a property to rent out?

Looking to expand your portfolio of properties?

A buy to let mortgage is a mortgage package that is specifically designed for a property that you intend to let out to tenants after you have bought it. The property acquired will be a source of income through letting. The source of income, the lender assumes will be used to repay the mortgage.

The benefit of such a loan is that you might be able to cover the total monthly repayment with the income that you generate from the letting of the property. This means that you might be able to acquire the property without physically paying anything for it.

The most important aspect of a buy to let mortgage is the interest rate set by the lender.

As with all mortgages, there are various options that are available here, such as variable, fixed rate and capped rate mortgages. For a buy to let property a fixed rate mortgage is often chosen as it gives everybody involved the most stability in terms of monthly costs – there is no need for you to increase the rent on the property if your monthly payments are not increasing.

Whether you're just starting out with your first buy to let or buying multiple properties. We can arrange Buy to Let mortgages with the best interest rates on offer from a wide selection of the UK's best known High Street lenders.

There are many benefits of buying to let, but you should consider all the factors of becoming a landlord before taking the plunge.

Some of the points to consider are detailed by the FSA at www.fsa.gov.uk also in the leaflet ‘Buying to Let’ produced by the Council of Mortgage Lenders (CML). A copy can be obtained at www.cml.org.uk.

Enquiring about a mortgage is easy.

All you need to do is complete the no obligation enquiry form and an adviser will contact you to discuss your requirements. - this service is free and entails no obligation on your part.

Mortgage solutions to suit you

These mortgage services are by Pavis Financial Manegment who are authorised and regulated by the Financial Services Authority for mortgages. They do not charge a fee for residential mortgage advice; however there is an administration fee for processing each of your standard residential mortgage contracts. The typical administration fee is £499. For impaired credit lending the typical fee is 1% of the mortgage loan. For Buy to Let and Commercial Mortgages a fee of 0.5% of the mortgage loan size applies of which £500 is payable on application with the balance payable on completion.

We offer a full advice & recommendation service in all cases in order that you can make an informed decision with us about your mortgage needs.

To enquire simply complete the brief confidential

enquiry form

To work out how much you will be able to borrow click on calculators.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

MISSING PAYMENTS WILL HAVE SEVERE CONSEQUENCES AND MAY MAKE OBTAINING CREDIT MORE DIFFICULT IN THE FUTURE.

Whilst the FSA (Financial Services Authority) regulate most mortgage sales in the UK, they don't regulate mortgages on properties that are bought to rent out. However, rest assured that we offer the same service with Buy to Let mortgages as with regulated mortgages.