A: The minimum for a buy to let property is usually 25% of the property’s value, although it can be anywhere between 20-40%. Most BTL mortgages are interest-only. This means you pay the interest each month, but not the capital amount. At the end of the mortgage term, you repay the original loan in full. …
Q: What deposit do I need to get a buy to let property? 🤔 Read More »
We’re mortgage advisors that want to help landlords and professionals like you rent out your first property, find the right remortgaging deal, and generally save some money on your mortgage! The fact that we’re a broker too is useful because it means we’ve got access to thousands of different lenders, which helps in finding you …
We’re mortgage advisors that want to help landlords Read More »
This seaside home in Guernsey certainly wasn’t cheap (it sold for somewhere around £3.45m 😬), but what a beautiful view! Which can be enjoyed from either of the two balconies, we might add. If the sea’s not enough for you, or perhaps you fear frostbite, it’s also got its own solar-heated swimming pool too 🌊
Typically, you’ll need a large deposit to secure a buy to let mortgage and the interest rates may be slightly higher than traditional mortgages. So it’s definitely an important step in the process to find the right deal because it can help you save money on fees and interest each month, and help your rental …
This £595,000 Victorian 3 bedroom home is actually cheaper than the average London property by £9,000. It was a crumbling wreck 8 years ago, but in 2013 it was restored by home developers to create this striking property! Find out more and see inside the property 👉 Click Here
There’s been a dramatic increase in property purchases and house prices since the Chancellor introduced a temporary reduction in stamp duty and tax rates in July last year. But in just a few months, the plans are for these rates to return to normal. Will numbers of sales and house prices quickly fall again when …
What will happen to house prices after the stamp duty holiday ends at the end of June? 🤔 Read More »
We found this video that gives a great overview 👌 Find out all about the type of mortgage you’ll need, contracts, deposits, safety measures and more. Basically everything you need to get started 🙂 Watch it here 👇 For More Details 👉 Click Here
We’re an independent mortgage broker who help landlords and professionals in the West Midlands find great mortgages for their properties. Although City Mortgages is brand new, we’ve got over 20 years experience of finding people mortgages! Our aim is to help save everyone time and money, which is why we 👇 🏡 Provide our mortgage …
A: Here’s a list of some of the main costs 👇 🏡 Stamp duty🏡 Valuation🏡 Property survey🏡 Legal costs🏡 Mortgage arrangement fees🏡 Income tax🏡 Day to day costs🏡 Letting agent’s fees🏡 Mortgage interest🏡 Redecorating🏡 Landlord’s insurance🏡 Annual safety checks🏡 Rent insurance🏡 General building maintenance We’ve got more details on this and lots of other useful …
Q: What are the costs involved getting a buy to let? 🤔 Read More »
We’re a UK online mortgage broker with access to over 20,000 mortgages, helping professionals and landlords in the West Midlands with their buy to let properties. We can find great deals when you’re moving house and remortgaging too – as a broker we have great access to the market! The best part is, we never …
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