Whether you are a first time landlord or a well established property
investor, our experts can provide you with the right advice.
Are you an established landlord or looking to become one? Buy to Let Mortgages (BTL) are aimed at
those who buy property to rent it out. For good reason, property has always been seen as a good option to have as a part of a balanced portfolio. Over the last 20 years or so, Buy to Let has grown
substantially. Although, it’s now more important than ever that your finances are in good order as the market undergoes some significant changes.
Custom Insurance & Mortgage Solutions has access to a wide range of lenders & BTL products. We have experienced advisers to ensure that you can finance your property portfolio, gain the rental income you require or grow your capital.
- Those seeking to invest in houses or flats
- Those that own an existing property, it may be challenging to obtain a BTL mortgage without owning an existing property.
- Those that have a good credit record and aren’t stretched too much with other borrowings.
- Those within a certain age range, many lenders typically have maximum age limits of 70 to 75 years at the date a mortgage starts.
- The fees tend to be much higher
- Interest rates on Buy to Let mortgages are usually higher
- The minimum deposit for a BTL mortgage is 25% of the property’s value
- Most BTL mortgages are interest-only. This means you don’t pay anything off the loan, but at the end of the mortgage term you can repay the capital in full
- The maximum you can borrow is linked to the amount of rental income you expect to receive
- The Financial Conduct Authority does not regulate some forms of buy to let
Think carefully before securing any other debts against your home.
Your home/property may be repossessed if you do not keep up repayments on a mortgage.
Custom Insurance & Mortgage Solutions is a trading style of Custom Mortgage Solutions Limited, which is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority. Custom Mortgage Solutions Limited is registered in England, no. 07439678. Registered office: First Floor Office, 6 Merus Court, Meridian Business Park, Leicester LE19 1RJ.
The information contained in this website is subject to UK regulatory regime and is therefore intended for consumers based in the UK.
The firm do not charge a fee for mortgage advice.
* Calls to this number may be free from a landline. Prices of calls from other providers may vary and from mobiles may cost significantly more. Calls may be recorded for training and monitoring purposes.
