With investment returns on endowments, pensions and stocks and shares
now being so low, many people are considering buying property to rent out "buy to let
mortgage" to provide them with regular income and also a pension in a
few years time when they eventually sell the house of flat. Becoming a landlord
is now much easier than it was a few years ago
We have access to lenders who will advance up to 80% of purchase price on
buy to let mortgages
The monthly rental income should cover the mortgage payment and give you a
profit each month. At the end of the mortgage you own the property outright
and can use the proceeds of sale for anything you wish such as holidays, new
car or pension.
You do not need to stop with just one property either, we have lenders who
will let you build up a portfolio of properties up to a value of at least
If you are concerned about the difficulties of finding tenants and collecting
the rent each month etc., many estate agents now have professional letting
departments who will do all this for you - for a small percentage of course
- but worth the reduction in the hassle factor we feel!
Please feel free to contact us about finding a tailored
buy to let mortgage for you.
for further information regarding any of these products, Please fill in our
"THINK CAREFULLY BEFORE SECURING OTHER DEBTS
AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT
KEEP UP REPAYMENTS ON YOUR MORTGAGE"
M Davies Mortgages Ltd is authorised and
regulated by the Financial Conduct Authority
Number 302051 Consumer
Credit Licence Number 546033
FEES - "We
do not charge a fee for arranging your mortgage, unless the amount you
need to borrow is less than £150,000. In these circumstances the
actual amount of the fee will depend on your circumstances but a
typical fee is £350"
The APRs quoted above are costs for comparison. The actual rate will
depend on your circumstances. Ask for a personalised illustration.