Buy To Let.

Investing in property is a medium to long-term investment. A wise Buy to Let property purchase could generate both a decent extra income and a healthy capital gain on the property itself. Your Buy to Let investment is essentially a business and it is essential that the venture is viewed accordingly.

Mortgage lending to residential investors developed as a discreet business sector from around 1995, when a very limited number of lenders entered what is known as the Buy to Let sector. Increased accessibility and choice in the Buy to Let sector has resulted in the need to speak to a specialist in this sector. At funding solutions we have made this sector a niche and are now perfectly placed to advise on this burgeoning sector.

If 40% or more of the property to be mortgaged will be/or is intended to be occupied as residential accommodation by you or a related person, then your mortgage will be "regulated" by the FSA. This means that many Buy to Let mortgages will not fall within the FSA regime, and if so you will not benefit from the regulated standards and safeguards provided by the FSA.

Buy to Let - lending requirements

If you are considering Buy to Let, you will usually need a deposit of at least 15%, although depending on circumstances, this may no longer be the case. Also the rent you charge will generally be expected to cover at least 125% of your mortgage repayment - this will help you during the periods of rental void.

Portfolios

We are also able to arrange for funding of Buy to lets portfolios, enabling you to replace individual Buy to Let mortgages with a cheaper portfolio loan.

Tips for Landlords

To help aspiring and budding landlords we have compiled a list of tips for landlords which we trust you will find helpful.

To commence your application either call us on freephone 0800-5285227 or
alternatively submit your enquiry using our enquiry form, providing as much information as possible about your transaction.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Site Terms of Business & Data Protection Statement

Funding Solutions is a trading name of T & A Labuschagne Partnership and has its registered office at PO Box 418, 14A Bar Street, Scarborough , North Yorkshire, YO11 9AW.
T & A Labuschagne Partnership is authorised and regulated by the Financial Services Authority (FSA, registration number 302248). The FSA does not regulate personal loans or non-regulated mortgage contracts. Some Buy to Let mortgages are regulated by the Consumer Credit Act (CCA).
Calls to Funding Solutions may be recorded for training and monitoring purposes. Loans subject to status, type and value of property. Insurance may be required. Minimum age 18. This site is only directed at persons within the United Kingdom.