A property that is purchased for the purpose of letting it out is described as a Buy to Let. Tenants will let the property from you, which will, in turn, generate an income for you, the purchaser.
Buy to Let Mortgages
Buy to Let mortgages are more popular than
ever, and with more and more mortgage providers offering
an ever greater variety of these specialist mortgages, this
phenomenon is set to continue for a long time to come.
Our aim is to find the best Buy to Let mortgage for you and your situation. There are many tailor made packages for the Buy to Let market – at interest rates to suit different circumstances. You can choose from fixed, discount and tracker deals, and they are often very flexible. The plus side to a Buy to Let mortgage is that potential rental income from the property is often included in a lenders assessment.
For professional advice about any type of mortgage please visit our
corporate web site www.homebankfs.com
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The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Homebank Financial Services Limited is an appointed representative of The Willow Tree Management Company UK Ltd which is authorised and regulated by the Financial Services Authority.Think carefully before securing other debts against your home.
Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured on it.
For mortgage related services the fee will typically be 1.79% of the mortgage advance applied for, minimum fee of �750. In addition, there may be a valuation administration fee of up to 0.7% of the loan amount. For example if you take out a loan of £50,000 you will need to pay a total of up to £1,245; comprising of the broker fee of £895 and the valuation administration fee of up to £350. This in addition to any commission we may recieve from the lender. Broker fees may be added to the mortgage.
Not all Buy To Let mortgages are regulated by the Financial Services Authority
Adverse Credit - The overall rate for comparison is 9.2% APR. The actual rate available will depend upon your circumstances. Ask for a Key Facts Illustration
Right To Buy Mortgages - The overall rate for comparison is 8.9% APR. The actual rate available will depend upon your circumstances. Ask for a Key Facts Illustration
CURRENCY MORTGAGES - CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING VALUE OF YOUR DEBT.
Homebank Financial Services Limited is entered on the FSA register under reference
number 464724, as an appointed representative of The Willow Tree Management
Company UK Ltd, who are also registered under the FSA register under reference
number 310569.
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