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Buy to Let Mortgage Advice in Nottingham

Free Buy to Let Mortgage Consultation

0115 8602193

Buy to Let Mortgages Nottingham

If you need buy to let mortgage advice in Nottingham, you’ve come to the right place. Our knowledgeable and skilled buy to let mortgage advisors have been helping landlords for the past 20 years – we’re experts within this field.

 

As a mortgage broker in Nottingham, it is our job to guide you through the whole buy to let mortgage process. We will also try and find you a buy to let mortgage product tailored to your specific financial situation as a landlord.

 

Buying Through a Limited Company

Are you planning to buy your buy to let through a limited company (SPV)? If so, we can help!

 

Our buy to let mortgage advisors are also highly qualified when it comes to working with specialist buy to let situations. The team would be more than happy to run through all of your possible buy to let options with you.

 

We can also help with HMO’s and holiday lets too, if that’s something that you’re interested in.

 

If you want to speak with a professional about taxation benefits, you will need to contact a tax adviser.

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Buy to Let Mortgage Advice in Nottingham

We have helped many landlords secure a competitive buy to let mortgage products in the past, here are the most popular scenarios that our mortgage advisors in Nottingham come across:

 

Residential Buy to Let

As a mortgage broker in Nottingham, this is the most common buy to let option. This is where the landlord is buying with the sole intention of renting out the property.

 

House of Multiple Occupancy (HMO)

This is a specialist but popular buy to let mortgage type. A HMO is a property that is shared by multiple households. This means that you’ll get individual rent payments from each tenant.

 

You should speak with your local authority to find out the rules and requirements for a HMO buy to let.

 

Buying through a Limited Company SPV

For landlords with a large buy to let portfolio, we’ve found that it’s becoming more common to invest in buy to lets through a limited company special purpose vehicle (SPV).

 

Despite having to pay higher interest rates through this method of buy to let, you may be able to save money on tax.

 

Holiday Lets

This buy to let option is for people looking to purchase a holiday home to rent out. It could be property within United Kingdom or overseas, our mortgage advisors in Nottingham will be able to go through these details with you.

 

As a mortgage broker in Nottingham, we work with a large number of mortgage lenders, including a broad range of specialist buy to let lenders. Our team have in-depth knowledge of each lender and their different lending criteria.

Buy to Let Mortgages Nottingham

Buy to Let Specialists in Nottingham

There are many different reasons for landlords to invest in a Buy to Let in Nottingham. Some do it for future property/capital growth, whilst others do it to supplement their current income. Some see it as a long term investment, looking at retirement planning.

 

Free Buy to Let Appointment in Nottingham

If you’re thinking about maybe turning your current home into a buy to let investment before moving onto a new property, we would advise that you take the time to speak with a mortgage broker in Nottingham, like us! We may be able to help!

 

Open and Honest

Our mortgage advisors in Nottingham would be able to help arrange your new purchase and existing property mortgage should you wish. You may also be able to remortgage your current property onto a buy to let and at the same time, raise money for a deposit towards a new home. By speaking with an expert, you’ll be provided with a reliable service and transparent service.

What our customers say

Common mortgage
questions

Depending on the property, the lender and your Buy to Let history, a typical mortgage deposit for a Buy to Let property is between 20%-40% of the property’s value.

Your free mortgage consultation with us will last around an hour. During this consultation, your dedicated Mortgage Advisor in Nottingham will get to learn a bit more about your personal and financial situation.


Once your consultation is finished, your Mortgage Advisor in Nottingham will go away and try and find you a perfect mortgage deal tailored to your circumstances. If you love the mortgage offer that they’ve picked out and want to continue, the next step is to submit your mortgage application!

Our mortgage process consists of multiple different steps:

1. Once you get in touch, we will have you carry out our Fact Find so that we can get a bigger picture of your mortgage situation.

2. You’ll undergo your free mortgage consultation, then your dedicated Mortgage Advisor in Nottingham will begin searching for mortgage deals that are tailored to your circumstances. If we find you an offer that you are happy to proceed with, we can get the ball rolling with your mortgage application.

3. We will perform a credit check on you in order to obtain an agreement in principle. Furthermore, we will get some evidential documents from you in order to back up your mortgage application.

4. We will submit your mortgage application and wait for a formal mortgage offer to be issued.

As a Mortgage Broker in Nottingham, we always advise applicants to obtain an Agreement in Principle before viewing properties. Firstly, you’ll need an Agreement in Principle to make an offer on a property. Secondly, having one in place could put you in a position to negotiate prices.

An Agreement in Principle typically lasts for 30-90 days. This timeframe may change depending on the lender that you are using.


If your Agreement in Principle expires, you can easily renew it by getting back in touch with your Mortgage Advisor in Nottingham or your lender.

It’s possible to obtain a second mortgage; as a Mortgage Broker in Nottingham, here are the most common reasons we see for people wanting a second mortgage:

– Debt consolidation
– Home Improvements
– Buy to Let
– Other, e.g. for a Family Member, Holiday Home, etc.

If you’ve had bad credit issues in the past, you may find it a little harder to get a mortgage, but that isn’t saying you still can’t get one!

Lenders may ask for a slightly higher deposit if you’ve had bad credit in the past. Some lenders may ask for a deposit of around 10-15%.

If you are able to submit at least one year’s of accounts, the more likely you are of being able to obtain a mortgage. Most of the lenders that we use look at your salary plus dividend to calculate the maximum mortgage amount. Others may go off your net profit, it all depends on the lender.

  • Photo ID (Driving license, Passport, etc.).
  • Proof of Address (Utility bills, tax bills, credit card statements, etc.).
  • Latest 3 months’ payslips & Latest P60 (employed applicants)
  • Latest 2 years’ tax calculations and corresponding overviews (self-employed applicants)
  • 3 months’ bank statement proving the deposit being built-up with an explanation for any large credits.

Your free mortgage consultation in Nottingham will usually last around an hour. Following the consultation, we can turn around an Agreement in Principle for you within 24-hours. Now it’s just the case of submitting your mortgage application. A formal offer can take around three weeks on average to come back.

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We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property in Nottingham!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

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UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
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