Buy-to-Let Mortgages
The Buy-to-Let mortgage is set-up so that the property is rented out and the mortgage payments are covered by the rent generated by the tenant.
What is it?
A Buy-to-Let mortgage is a mortgage for people who want to buy a property, whether a house or a flat, then rent the property out to tenants. Buy-to-Let mortgages generally need a larger deposit than residential mortgages and the interest rates are typically higher. This is because Buy-to-Let mortgages are higher risk for lenders, as there may be periods with no tenants in the property and therefore no rental income for the borrower.
How can CashMoney UK® help you?
Purchasing a property that you wish to rent out? We can offer solutions for professional landlords, investors and first-time landlords. We can lend on a broad range of properties including flats, houses, houses of multiple occupation (HMOs), multi-unit properties, flats above shops, ex-local authority and many more.
Whether the properties are residential, commercial, or semi-commercial, we have experience at structuring refinances and capital raises for various sized portfolios. We can help remortgage your properties or portfolio to release capital for further investment in properties, for refurbishment to increase rental yields.
What types of projects can we support?
- Property Purchase
- Refinance of single property or portfolio
- Auction Purchases
- Short-Term finance to renovate a Buy to Let property
- Bridge-to-Let