How To Get A Buy-To-Let Mortgage
Buy To Let mortgages are similar to your normal residential mortgage, but the amount you can borrow doesn’t depend on the amount you earn, it will depend on the amount of capital you have as a deposit and the amount of rental income you can expect to receive on the property that you are looking to buy as an investment.
London & Country Mortgage Brokers
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Buy to let lenders typically look for a 25% deposit on the purchase price, although some lenders have mortgage products that will allow you to make a purchase with a smaller deposit, but you can expect to receive a higher interest rate if you do that.
So, how do you get a Buy To Let mortgage? The first thing you could do is contact your bank. Not all banks provide BTL mortgages, but if you bank does I would get as much information as possible so you have something to compare at the next step, which is to contact a mortgage broker.
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DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission at no additional cost to yourself. This helps support the channel and allows me to continue to make videos like this. Thank you for the support!
#BuyToLet #BuyToLetMortgage #BTLMortgage
Видео How To Get A Buy-To-Let Mortgage канала Monoperty
London & Country Mortgage Brokers
https://referme.to/v2RB7Wo
Buy to let lenders typically look for a 25% deposit on the purchase price, although some lenders have mortgage products that will allow you to make a purchase with a smaller deposit, but you can expect to receive a higher interest rate if you do that.
So, how do you get a Buy To Let mortgage? The first thing you could do is contact your bank. Not all banks provide BTL mortgages, but if you bank does I would get as much information as possible so you have something to compare at the next step, which is to contact a mortgage broker.
📲 Connect With Me
https://www.facebook.com/monoperty/
https://twitter.com/monoperty
https://www.linkedin.com/in/andywalker3
💻 Website
https://monoperty.com
🎥 Other Videos To Watch
Repayment or Interest Only Mortgage | Good Debt vs Bad Debt | Buy To Let Mortgage
https://youtu.be/ngjHyqAPnWo
Best Small Business To Start In 2020
https://youtu.be/VYkHrCRZhiE
New Apartment vs Old Apartment | £26 Million Development 'The Winerack' In Ipswich
https://youtu.be/VYkHrCRZhiE
DISCLAIMER: This video and description contains affiliate links, which means that if you click on one of the product links, I’ll receive a small commission at no additional cost to yourself. This helps support the channel and allows me to continue to make videos like this. Thank you for the support!
#BuyToLet #BuyToLetMortgage #BTLMortgage
Видео How To Get A Buy-To-Let Mortgage канала Monoperty
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