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

There may be a fee for arranging a mortgage, and the precise amount will depend on your circumstances.

1st Mortgage (West London) Ltd. is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (https://register.fca.org.uk/) under firm reference number 306159. Our registered address is Buckingham House East, Buckingham Parade, Stanmore, Middlesex, HA7 4EB

Mortgages

Buy to Let

Buying A Property to Rent (Buy to Let)

This can be a popular mortgage option for those wishing to invest in residential rental property.  Although the perception is that buy to let mortgages are expensive, this isn't necessarily correct.   There are many lenders who offer competitive rates, which in many cases are generally similar to the rates offered on a standard mortgage.

 

Landlords also have a choice between interest only and repayment mortgages. Buy to let mortgages do differ in several ways from standard mortgages.  When lenders are considering approving a buy to let loan, they generally base their decision on the likely rental income from the property and not necessarily the applicants' income. 

Note that from April 2016 there is an additional  stamp duty to pay on second homes.

With our expertise in this market, we can help you find the best product to suit your requirements.  With our extensive access to thousands of mortgages and our knowledge of lender's requirements, we can find you the right buy-to-let mortgage. 

 

Some Buy to Let mortgages are NOT regulated by the Financial Conduct Authority.