Buy-to-let Purchase
If you are looking to purchase a BTL whether it is your first rental property purchase or your tenth we are happy to help. Buy-to-let mortgages can be complicated, so exploring all the different options is crucial and could save you a considerable amount of money.
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When assessing affordability with buy-to-let properties the approach is very different to residential mortgages. However, like residential mortgages securing a buy-to-let mortgage can be difficult with so many more hoops to jump through. Lenders can also change the way they calculate affordability and can withdraw products at any point, making having a broker with access to this ever-changing information more important than ever.
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​THE FINANCIAL CONDUCT AUTHORITY DOES NOT REGULATE SOME FORMS OF BUY TO LETS. YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP WITH THE REPAYMENTS ON YOUR MORTGAGE.
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Have you checked your credit rating?
As part of a mortgage application lenders will typically review your credit profile to see if you meet their requirements. We recommend independently checking your credit report as early as possible so that we can be fully informed when considering the most appropriate lender.
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Follow the link below to be taken to checkmyfile where you can review your credit report or click read more to get more information