Expert knowledge allowing you to expand your property portfolio
A Buy to Let mortgage has some variations to a residential mortgage, which our expert team at Excel Mortgage Services Ltd can advise you on. If you are looking to increase your property portfolio or planning to buy your first Buy to Let property we can help and find the right mortgage for you.
A Let to Buy mortgage is used by a homeowner to let their current home and buy a new residential property. This is the favoured option for homeowners who want to buy a new home but are unable to wait to sell their current property before buying. You will usually need to apply for a Let to Buy mortgage and a residential mortgage simultaneously.
If you are interested in a Let to Buy mortgage you will need to be able to show your mortgage lender that your rental income on your current home would cover your new mortgage repayment on it.
Our friendly and helpful team at Excel Mortgage Services Ltd are here to provide you with expert advice on Buy to Let and Let to Buy mortgages with no obligation. Please get in touch with us today on 01508 486 053.