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Buy to let mortgage UK
Many people are turning to property management to provide them with extra income with a view to topping up or even providing them with a pension in the future.
Mortgage Solutions has access to products from lenders who will advance up to 90% of purchase price who offer very competitive rates.
- The monthly rental income should cover the mortgage payment thus leaving you with a profit
- At the end of the mortgage you own the property outright and can use the proceeds of sale for anything you wish such as holidays, new car or pension.
- You do not need to stop with just one property either, we have lenders who will let you build up a portfolio of properties up to a value of at least £2 million.
As well as the 'Buy to Let' scenario, there is also the format of 'Let to Buy'. This basically means rather than buying another home to rent out, you purchase another home with the intention of moving into the new one and letting your existing property out.
Some people prefer this is as it means that they can keep their existing property for either future use or as further security for their new property. Mortgage Solutions has helped many of our clients in the past to achieve this goal and could help you too.
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