Getting a 2017 but to let mortgage deal.
If you want to invest in property in 2017 call us at Deal Direct. We can review your circumstances and advise what kind of mortgage which would suit your needs best.
With the vast number of buy to let mortgages on offer throughout the UK market, there is now a wide range of choice for investment landlords.
When taking out a buy to let deal you will be required to put up a fairly hefty deposit, which is likely to be between 15% and 25% of the property's value. You will also be required to meet other criteria such as you need to have a rental income of upto 145%.
If you would like to look at your 2017 buy to let mortgage options call a Deal Direct adviser today.
At Deal Direct, we are regulated to offer independent mortgage advice but not general financial advice. Therefore, if you wish to discuss the suitability of property as a viable investment, we urge you to contact an independent financial adviser.
Please note:
Buy to let mortgage applications from:
- applicants whose intention is to benefit from house price growth
- applicants whose intention is to benefit from rental income
- applicants who are letting to buy
will be treated as normal buy to let and not as a consumer buy to let. In addition, their subsequent remortgage applications will also be treated in the same manner.