Buy to Let Mortgage Advice in Nottingham
We have helped many landlords secure a competitive buy to let mortgage products in the past, here are the most popular scenarios that our mortgage advisors in Nottingham come across:
Residential Buy to Let
As a mortgage broker in Nottingham, this is the most common buy to let option. This is where the landlord is buying with the sole intention of renting out the property.
House of Multiple Occupancy (HMO)
This is a specialist but popular buy to let mortgage type. A HMO is a property that is shared by multiple households. This means that you’ll get individual rent payments from each tenant.
You should speak with your local authority to find out the rules and requirements for a HMO buy to let.
Buying through a Limited Company SPV
For landlords with a large buy to let portfolio, we’ve found that it’s becoming more common to invest in buy to lets through a limited company special purpose vehicle (SPV).
Despite having to pay higher interest rates through this method of buy to let, you may be able to save money on tax.
This buy to let option is for people looking to purchase a holiday home to rent out. It could be property within United Kingdom or overseas, our mortgage advisors in Nottingham will be able to go through these details with you.
As a mortgage broker in Nottingham, we work with a large number of mortgage lenders, including a broad range of specialist buy to let lenders. Our team have in-depth knowledge of each lender and their different lending criteria.
Buy to Let Mortgages Nottingham
Buy to Let Specialists in Nottingham
There are many different reasons for landlords to invest in a Buy to Let in Nottingham. Some do it for future property/capital growth, whilst others do it to supplement their current income. Some see it as a long term investment, looking at retirement planning.
Free Buy to Let Appointment in Nottingham
If you’re thinking about maybe turning your current home into a buy to let investment before moving onto a new property, we would advise that you take the time to speak with a mortgage broker in Nottingham, like us! We may be able to help!
Open and Honest
Our mortgage advisors in Nottingham would be able to help arrange your new purchase and existing property mortgage should you wish. 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. By speaking with an expert, you’ll be provided with a reliable service and transparent service.