Buy to Let
Buy to let mortgages
When you are thinking of becoming a landlord, research is key. Knowing the most popular areas and types of property for renters forms only part of the wealth of knowledge you must have: you need to know the complexities of letting properties, such as insurance and obtaining the correct mortgage. This is where we come in!
If you are a new or existing landlord looking for help with a buy to let mortgage then we are here to help. Our buy to let experts are ready and waiting to answer any questions you may have. They have in-depth knowledge of all criteria and can look at a huge panel of mortgage providers to find some of the best options to suit you.
How is a Buy to Let (BTL) mortgage different?
As you will not be a permanent occupant of the property you intend to buy, a BTL mortgage is calculated not on your own income (as a standard residential mortgage) but on the potential rent the property may earn.
Because of this, interest rates may be higher, a larger deposit may be required and the transaction may incur greater associated fees than a standard residential mortgage. But don’t worry! We’re skilled in advising prospective landlords and finding the products that are right for them at the best price.
I’ve found my BTL mortgage, what next?
We’re determined to help you launch your new venture successfully, with you fully familiarised with your new role and obligations.
In addition to your mortgage repayments, you will now also be responsible for maintaining the property, furnishings, appliances and decorating; letting agent fees where applicable, and insurance. Both Buildings and Landlord’s Insurance are essential to protect you and your business: We’re happy to track the best products for your needs and arrange these for you!
At Renshaw Mortgage Solutions, we want our new landlords to start on the best foot. Our team is waiting for your call.
Ready to chat to our mortgage brokers?
Talk to us today to discuss your buy to let mortgage. Fill in the form below and a qualified broker will get back to you as soon as possible.
Why use Renshaw for mortgage advice?
- Initial consultations are free of charge and you don’t have to continue to use us
- Receive mortgage advice at almost any time to suit you
- Book an appointment either at our office in Nottingham or at your own home
- We’ll help you through the whole application process
- We have no affiliation with any particular lender so only have your interests at heart
- We’ll compare the whole of the mortgage market to find you a great deal
- Fully authorised and regulated by the Financial Conduct Authority.