With new regulatory changes surrounding lenders rental calculations and new lenders entering the market, expert advice could be invaluable when sourcing the correct BTL mortgage. We have many exclusive mortgages that can only be found through specialist brokers’ like ourselves as well as the 'off the shelf' products that are found on the high street.
There is no guarantee that it will be possible to arrange continuous letting of the property,
nor that rental income will be sufficient to meet the cost of the mortgage.
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1%, but a typical fee is 0.3% of the amount borrowed.