Buy to Let
Home / Buy to Let
Buy to Let Mortgages
Buy to Let mortgages (BTL) are only suitable for people wanting to invest in houses and flats. Property investment is risky and this means you should not take out a buy to let mortgage if you can’t afford to take that risk. This is certainly something our trained specialists can talk through with you in order to determine if this is indeed the right avenue for you.
If you do not currently own your own home you will struggle to gain a buy to let mortgage whether outright or with an outstanding mortgage. It is imperative you have a good credit record and not be stretched too much on any other borrowings such as an existing mortgage and credit cards. In addition you are likely to find it harder to gain a buy to let mortgage unless you earn at least £25,000 a year.
As previously mentioned, our advisors will be able to go through all of the relevant requirements for such a solution including the financial aspects attached.
It is important to note that not all buy to let mortgages are regulated by the Financial Conduct Authority (FCA). Good Mortgage Solutions have access to a variety of lenders who specialise in buy to let mortgages. A number of these lenders will only deal with mortgage professionals and companies accredited to the FCA.
Our advice on all solutions is free and you are under no obligation to accept any of the advice given. Initial meetings normally last less than an hour at a time and place to suit you.