If you’re buying a house to rent out and you want to take out a mortgage, you’ll need a buy-to-let mortgage. Buy to let mortgage lenders usually base their decisions on the likely rental income from the property instead of the applicant's annual income.
As with a residential mortgage you can choose between fixed, discount, and other mortgage types, however the key difference is working out how much you can borrow. Buy to let mortgage lenders look at the likely rental income from the property as well as the applicant's annual income.
If you would like to see if they can get you the best deal on your buy-to-let mortgage, then call today on 08456 026990 or fill in the contact form to request a callback.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Embrace Financial Services usually charges a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £499 to £999 and this will be discussed and agreed with you at the earliest opportunity.
Embrace Financial Services Ltd. is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority.
Embrace Financial Services Ltd, registered in England and Wales at Second Floor, The Forum, Barnfield Road, Southernhay, Exeter EX1 1QR. (06447316).
Most Buy-to-Let Mortgages are not regulated by the Financial Conduct Authority.
The guidance contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.