Buy to let Mortgages UK.

Welcome to our buy-to-let mortgages section. Here we will explain everything you need to know about buy-to-let mortgages and how to obtain the best buy-to-let mortgage deals.Buy To Let Mortgages UK

If you are looking to buy a property and then rent it out to a tenant, this becomes a buy-to-let property, requiring a specialist buy-to-let mortgage to purchase it. Buy-to-let properties are not the owners main place of residence and therefore are classed an an investment property and not regulated by the FSA.

Before you begin looking for a buy-to-let property you should first of all make sure that the the property itself weill include cover the following restrictions which most buy-to-let mortgage lenders insist on:

  • Making sure the rental income is at least 130% of the monthly mortgage payment.
  • Making sure that the annual return is at least 8% of the mortgage.

If you're satisfied that your chosen property fits within this, then you're readuy to begin your search for the best buy-to-let mortgage. Thats where More4 Loans can help, as we use our expert knowledge of the buy-to-let mortgage market to find the best deals for you.

Our panel of buy-to-let mortgage suppliers offer a variety of products to cover all property types, include single occupany and multi occupany.

We’ve picked out the following buy-to-let mortgages as our pick of the week deals.

 

2 YEAR DISCOUNTED TRACKER AT 3.99%

 

• Until 30/06/2013 reverting to SVR+0.5%
• Overall cost for comparison 5.2% APR
• Up to 75% LTV
• Free legals
• Free valuation
• Lender's arrangement fee £999
• Booking fee £199
• Early redemption charges apply

 

2 YEAR FIXED AT 4.99%

 

• Until 30/06/2013 reverting to SVR+0.5%
• Overall cost for comparison 5.3% APR
• Up to 75% LTV
• Free legals
• Free valuation
• Lender's arrangement fee £999
• Booking fee £199
• Early redemption charges apply

 

If either of these buy-to-let mortgage deals interest you, then call our friendly advisers today for a free no obligation remortgage quote.

 

Remember all these buy-to-let deals must be completed by 24 June 2011 so don’t delay !

 

 

For further information or to find the best buy-to-let mortgage or remortgage deal, call our friendly advisers today on:

FREEPHONE 0800 0778956.

Or apply online now and we'll return your call at a convenient time.

More4 Loans are a secured loan and mortgage broker in Sheffield. We provide a range of mortgage and loan services to clients throughout the UK. We are licensed by the Office of Fair Trading (587104) and the Information Commissioners Office for data protection (Z1539600).