Tuesday 5 March 2013

Buy to Let Loans & Mortgages


Whether you are a first –time landlord or a property investor wanting to expand their portfolio we have a range of buy to let mortgage lenders who can offer a variety of buy to let options. 

•             Houses in Multiple Occupation
•             Multi-Unit block
•             Complex portfolio
•             No residential property required
•             Adverse accepted
•             Low value properties
•             None standard construction considered
•             Lending within 6 months accepted
•             1st time buyers
•             No minimum Income
•             All types of BTL available

There is a growing trend in the Uk whereby the rental demographic is getting younger as housing becomes less affordable and mortgage providers continue to tighten criteria. Every 1 in 6 properties in this country is rented and by 2018 it is estimated that this will become 1 in 5. Another interesting Statistic is the average landlord in the Uk now has 8 properties and is aged over 50.

Using a broker specialist when you are looking to raise finance to purchase or remortgage a Buy to Let Property or indeed properties can reap dividends. We have lenders who will consider landlords looking for their first investment as well as those who are looking to refinance their entire multi million pound portfolio. 

Here is a recent case study

A client wanted to raise funds of £15,000 against a Buy to let property he owned outright to consolidate debts including payday loans. He was 6 months in arrears on a credit card and his income didn’t meet other lenders minimum requirements. The property was valued at only £60,000 and therefore below some of the standard lenders minimum valuation. We arranged to raise the money for him and he cleared his debts improving his financial situation.

For further information please contact us via the website Money Solutions Uk

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