Buy-to-Let Mortgages

Buy-to-Let Mortgages

Buy-to-Let properties have been a popular and profitable investment for many people over the years. However, whilst this is a competitive marketplace many Buy-to-Let lenders have tightened up their lending criteria making it harder to obtain a mortgage.

For example, many lenders will require the applicant to have a minimum personal income which some people cannot satisfy. However, this is not the case with all lenders.

Some lenders will not lend on a property that is currently your residential home that you wish to convert to a Buy-to-Let mortgage and move onto a new residential mortgage. Again, this is not the case with all lenders.

These are just two examples that illustrate the importance of independent mortgage advice. Comparison websites or Best Buy tables will not show you this sort of information. Our experienced advisers we will help you find the most competitive product suitable to your circumstances which may potentially save you a considerable amount of your valuable time.

Please feel free to browse our website and contact us should you wish to discuss your situation.

Whilst some mortgage lenders may not require evidence of an applicant’s earned income, Hallmark Financial Services Ltd will not advise upon any mortgage transaction without being satisfied that the mortgage repayments are affordable by the applicant. This could be in the form of one or more of the following : employed payslips, employment contract, employers reference, self employed accounts, tax assessments, accountant’s reference, detailed budget plan, bank statements. Please contact us should you have any questions regarding the above.
Click here for the Financial Conduct Authority’s guide on what do if you are unable to maintain your mortgage payments. Please contact us should you have any further questions regarding this.
Please contact us for more information or to arrange a free initial meeting.
Authorised & regulated by the Financial Conduct Authority (FCA). The FCA do not regulate Commercial Mortgages, Bridging Loans & some forms of Buy-to-Let mortgages. Your home may be repossessed if you do not keep up repayments on your mortgage. To understand the features and risks of a Lifetime Mortgage, ask for a personalised illustration. There may be a fee for Mortgage Advice. A typical fee is £250 but the precise amount will depend upon your circumstances and will be disclosed prior to any financial commitment.
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