01933 447 377

Buy to Let mortgages

What is a buy to let mortgage?

Buy-to-let mortgages are for homes that you buy to let out. These mortgage products work in the same way as standard mortgages, although rates are higher, as the lender takes the view that there is a greater risk associated with this type of lending. This is because landlords usually rely on rent from their tenants to cover their mortgage costs, and, if there is a long period when they don’t have a tenant, usually known as a ‘void’ period, there is a risk of them defaulting on the mortgage.

Did you know

Homeowners could save as much as £194,000 over renters in the course of 50 years*

Things to consider with a buy to let mortgage

For starters interest rates on buy to let mortgages are normally higher. You will also require a bigger deposit on a buy to let property.

How can we help you?

If you’re not sure which mortgage is right for you, how much you can afford or whether you meet the lenders requirements then we have qualified mortgage specialists available in-branch. They’ll advise you and help guide you through the application process.

Alternatively, if you'd prefer to talk to us on the phone, please call us on 01933 447 377.

*Barclays figures, June 2012 www.thisismoney.co.uk

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.


Lenders fees are variable dependent on the mortgage product offered. In addition, we may charge a fee* for arranging your mortgage.


*Typical representative fee charged by Hannah for arranging a mortgage ranges between £99 and £250 dependent on type of product and individual circumstances

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