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Buy to Let Mortgage Advice in Nottingham

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We Search 1000’s of Buy to Let Deals
to Save you Money!

Are you an experienced landlord looking to purchase a new Buy to Let or Remortgage an old one? Maybe you’re a first-time landlord with dreams of entering the Buy to Let market? Whatever the circumstance, we have experienced Buy to Let experts on hand who will walk through every step of the process by your side.

 

Over the years we have helped customers with a vast number of Buy to Let mortgages, helping build property portfolios by providing a basis for income generation and/or capital growth as part of their retirement planning.

 

Buying a property to let out can be quite stressful, which is why we have experienced and friendly Mortgage Advisors in Nottingham on hand to help you throughout the process.

 

How does it work?Get a quote nowMeet your advisor

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

Buy to Let Mortgages | Popular Situations

  • You’re thinking about buying your first property to let out.
  • You are already an established landlord and are looking to expand your portfolio.
  • You’re from out of town and looking to buy a property with some help.
  • The mortgage you currently have is on a standard variable rate and you’re looking to Remortgage for a better deal.
  • You’re looking to raise money from a Buy to Let purchase for another purchase.
  • You want to change a residential property into a Buy to Let.
  • It’s been a while since you’ve bought a property and you need to be caught up to speed with new rules.
  • You’re wanting to deal with a broker exclusive mortgage lender.
  • The bank isn’t making things any easier.
  • Your situation is a little complex and you need expert advice.

 

We work with a large number of mortgage lenders, including a lot of specialist lenders. Our mortgage advice team have in-depth knowledge of all their different lending criteria.

Buy to Let Mortgages Nottingham

There are many different reasons for landlords to invest.  Some do it for future property/capital growth, whilst others do it to supplement their current income. Some even plan for the long-term, looking at retirement planning.

 

If you’re thinking about maybe turning your current home into a Buy to Let investment before moving onto a new property, speak to a Mortgage Broker in Nottingham – We may be able to help! Transactions like these are referred to as Let to Buy Mortgages, something we deal with regularly.

 

Our advisors would be able to help arrange your new purchase and existing property mortgage. 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.

 

As your Mortgage Advisor in Nottingham, we are here to help you. Get in touch with us today and make a date for your free mortgage consultation.

What our customers say

Common mortgage
questions

Though it can vary between 20%-40%, the minimum deposit for a buy to let mortgage is usually 25% of the property value.

Your free mortgage consultation in Nottingham will last around one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.

As your mortgage broker in Nottingham, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

To avoid possible disappointment, we recommend you obtain an Agreement in Principle before you begin viewing properties in Nottingham. At the very latest you should obtain one prior to making an offer to assist your bargaining position.

An Agreement in Principle typically lasts for between 30 and 90 days depending on the Lender used. If your Agreement in Principle expires it can always be refreshed.

It may be possible to get a second mortgage on your home for things like debt consolidation or Home Improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.

If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price.

Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.

It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for self-employed. You will also need to produce proof of ID, address and 3 months’ bank statements.

Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.

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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!

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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