A Standard Buy To Let deposit is 25%, but as little as 15%
Buy to Let is now big business with thousands of landlords investing in this sector. We offer advice to all landlords both experienced or first timers. This is a specialised sector with specialist lenders and lending criteria differs from residential. Rental yields are the basis for most loans and usually bigger deposits are required, currently 15-30 %. There are lucrative tax breaks available.
For loans over £ 200K we charge no broker fee at all.
Let to Buy Mortgages London
The Capital's BTL market is stiil boyant, with rental yield's rising and prices still holding up. Refinancing your residential home to raise a deposit for a BTL is possible if you have the income/equity. This can get you on the first step to becoming a landlord. Or swap your current home onto a BTL deal if moving and cant or dont want to sell your home. You can even raise cash on that home to use as deposit for the new one. Call us to find out more.
Need to raise cash on your current portfolio to fund further property expansion?
Sitting on a high variable rate with curent lender? swap to a cheaper fix rate while rates are low. BM Solutions offer a Product Transfer option via brokers with some excellent fee free deals available.
2.14% 2 years fixed rate with only 25% deposit needed.
Please contact us to find out more specific information.
*Buy to let and commercail mortgages are not currently regulated by the Financial Services Authority.
*Your home is it risk if you do not keep up repayments secured upon it.