This can be a popular mortgage option for those wishing to invest in residential rental property. Although the perception is that buy to let mortgages are expensive, this isn’t necessarily correct. There are many lenders who offer competitive rates, which in many cases are generally similar to the rates offered on a standard mortgage.
Landlords also have a choice between interest only and repayment mortgages. Buy to let mortgages do differ in several ways from standard mortgages. When lenders are considering approving a buy to let loan, they generally base their decision on the likely rental income from the property and not necessarily the applicants’ income. A prospective landlord needs to be aware that the rental income typically needed is 125% of the mortgage repayment, although this can vary and go up to 130%.
With our expertise in this market, we can help you find the most suitable product to suit your requirements. With our extensive access to hundreds of mortgages and our knowledge of lender’s requirements, we can find you the most suitable buy-to-let mortgage.
Evergreen Mortgage Services do not advise or recommended the purchase of Buy to Let properties as investments, please be aware that the value of property can go down as well as up.
Some Buy to Let mortgages are NOT regulated by the Financial Conduct Authority.
Request A Call Back
I had to sell my house due to separating from my husband and didn't think I would have any chance of getting a mortgage. I have worked with Lisa in the past and contacted her to see what I could do..... I am now in a brand new build with my 3 children. Amazing new start thanks to Lisa. Extremely professional and compassionate, friendly and helpful. Would recommend 1000% to anyone.
Having worked with Lisa I can't recommend her highly enough - She is very knowledgeable and will always go that extra mile for customers. She is friendly, honest and reliable. I have already recommended her to family and friends and will certainly be using her services in the future myself.
Lisa has been fantastic with all of our mortgage, insurance and legal needs....I could not recommend her enough, in-fact i have recommended her to 2 of my friends who she also been able to secure mortgages for. Thanks you Lisa
Lisa was professional , friendly and really clear in explaining the best products that suited our needs , we felt we could really trust her which was so important when making Such a big decision , I would highly recommend her to anyone looking for a mortgage