Buy To Let Mortgage Lender
Buy To Let Mortgage Lender
Which is the best Buy To Let Mortgage Lender?
The answer to that is simple... It is the lender who helps make your investment properties work the hardest for you and that depends on the individual circumstances involved in each case.
Is that a "Cop-out"? No, it's a fact.
Each buy to let mortgage lender has different criteria depending upon the individual, the type of property and usage, type of tenancy and rental income. Other criteria may also play a part.
Circumstances may dictate that, to maximise the borrowing against your portfolio, all of the properties should be with one buy to let mortgage lender. This may be because they have a generous rental "stress test" (the way they calculate the maximum advance against each property's rental income), or it may be because the lender will aggregate the rentals of properties with a mix of high and low yield - whereas Most lenders will assess every property separately.
In other situations, four similar properties may be better financed by using four different lenders.
How can this be right?
There can be a whole range of reasons, including:
- Client would benefit from a spread of fixed and tracker rates. The best fixed rate is from a different lender than the best tracker product.
- Client wants to improve one property and sell it quickly, making a healthy profit.
- Rental yields differ and needs to take advantage of the different "stress tests" to maximise borrowing.
- The valuer for one property may give a low rental assessment, so the client needs a lender who would accept alternative proof of rental.
- One property could be occupied by a family member
- One property could be in Scotland , the others in England
- The most suited lender may only allow a maximum of TWO properties.
- The best suited lender may not allow adjacent properties to be mortgaged to them.
What ever the reasons, it is not easy to find the correct combination of lenders and products to maximise YOUR return from YOUR investments.
Are you using the best buy to let mortgage lender?
The Buy to Let Centre deals with all lenders in the market, have experience in all types of property, client and tenancies. There is no obligation and we may be able to make your investments work harder for you.
If you need to finance any property investment you can call us today on 0845 6010153 or send us an email here or fill in our online application form and get fast pre-approval for your next investment. Which ever way you choose to contact us we will be happy to assist in any way we can. We specialise in Self Certification, Buy To Let and Adverse Credit mortgages and remortgages both residential and commercial. We offer the most competitive mortgage rates and insurances in the industry all backed up with our unique Guarantee.
We Guarantee To Beat Or Match Any Genuine Buy To Let Mortgage Offer Or We Will Give You...
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We Guarantee If You Find Cheaper Insurance Within 30 Days we'll...
REFUND The Difference In The Premium!*
Make your Property Portfolio Work For YOU not YOUR LENDER Contact us Today for FREE Expert Advice!
PS. Whatever method of contact you choose you can rest assured that our expertise will be put to work on your behalf immediately. Our goal is to provide you with the right mortgage at the best rate whilst making the process of financing your next property as simple and stress free as possible!
