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If you’re buying a house to rent out and you want to take out a mortgage, you’ll need a buy-to-let mortgage.
A buy to let mortgage is designed for those who want to buy property to rent out to a third party. As with a residential mortgage you can choose between fixed, discount, and other mortgage types, however the key difference is working out how much you can borrow. Buy to let mortgage lenders look at the likely rental income from the property as well as the applicant's annual income.
For more information or to book a mortgage appointment with our partners, Embrace Financial Services, call 01727 861166^ or complete the form and they'll call you back to book an appointment.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
Mortgage and Protection services are referred to Embrace Financial Services Ltd.
Your initial mortgage appointment is without obligation.We normally charge a fee for our services; however, it is payable only on the submission of your mortgage application. The fee will depend on your circumstances but our standard fee is £549. Complex cases usually attract a higher fee. We will discuss and agree the fee with you prior to submitting any mortgage application.
Most Buy-to-Let Mortgages are not regulated by the Financial Conduct Authority.
Embrace Financial Services Ltd. is an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited which is authorised and regulated by the Financial Conduct Authority.
Embrace Financial Services Ltd, registered in Floor 4, 11 Leadenhall Street, London, EC3V 1LP. (06447316)