Buy to Let Mortgages are for the people who are looking to become landlords. At Westminster Finance we can help you to buy your first property to rent out. If you are looking to expand your portfolio or looking to re-mortgage we can also help.
Buy to let mortgages are different than residential mortgages. A residential mortgage is given on the basis of your income and affordability and for you to live in that property. However buy to let property is based on the rental income you will or currently receive on that property. The usual deposit on residential mortgages is 5% however for buy to let mortgages it is around 25% with slightly higher interest rate in comparison with residential mortgages.
We at Westminster Finance provide a bespoke service and provide finance that suits your circumstances.
If you would like to have a friendly conversation to discuss financial requirements further please give us a call or complete the inquiry form.
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You might be thinking that getting a buy to let mortgage for house in multiple occupation is difficult. At Westminster Finance you