Buy-to-Let Guide

There are now over 100 lenders in the buy to let market offering in excess of 5000 products between them with a choice of deals and structures to meet nearly every variation needed.

If you are new to this market, register for our FREE guide to the basics of ‘Buy to Let Mortgages’ here first.

Buy to Let mortgages can be purchased over the internet and almost every mortgage adviser will happily recommend a buy to let mortgage. For the serious property professional though, the opportunities are endless but are only as good as the financial and legal strategies adopted. Without the expertise of a specialist BTL mortgage adviser and legal adviser team, complex strategies often fail.
We are the chosen team for 1000’s of property professionals who use our skills and knowledge to adopt financial strategies to build substantial portfolios. We are also recommended by hundreds of property agents and property advisers to assist with their client’s needs.

IF YOU WOULD LIKE TO TALK TO A MORTGAGE ADVISER ABOUT YOUR MORTGAGE REQUIREMENTS CLICK HERE

Why are we different?
We insist on staying at the cutting edge of property investment and there is rarely a strategy in the market place that we haven’t already tried, tested and perfected. We have been sucessful in helping our clients build million pound portfolios.

If you have a standard property with a good rental yield, then because we access EVERY available lender in the market place you can be confident our mortgage advisers will recommend the most cost effective BTL mortgage for your needs and our legal team will process your purchase efficiently.

If however your requirements are more complex, see below examples of some of the schemes we offer:

• Bridge and remortgage strategy
  In the current market you may be able to offer to buy a property for lower than it is worth or maybe pick up a repossession property at a lower price. We have bridging lenders who will allow you to buy the property at a discount and will lend up to 75% of the current open market value of the property as determined by their surveyor. Once you have owned the property for 6 months, you will then be able to remortgage to a standard BTL lender and repay the bridge. As the remortgage will be based on the value of the property at that time, if the market has moved in your favour or you have increased the value of the property through renovation, you may be able to capital raise some additional borrowing for your next purchase

Click HERE to find out more details about buying using bridging funds

• Funding a deposit
  Building a portfolio takes cash flow and many investors start by raising capital from their own home.  The trick is to ‘prepare’ the funds but not pay any interest until they are needed. If you can raise £100000 but you plan to use this to build a portfolio of 5 properties over 6 months it is not cost effective to borrow and then have the money sitting in a low interest rate account while it is waiting to be used. We can help you arrange approval of finance in a cost effective way so that you have instant access to the funds but only pay interest as an when the money is used. We can help you raise funds this way for up to 85% of the value of your current home

Click HERE for more information on how to raise deposits

• Refurbishment mortgages
  Buying a property that is in need of refurbishment is an attractive way to increase a property’s value. If you manage to refurbish the property quickly and want to extract that value from the property to move on to the next purchase it can be a problem. This is because BTL lenders will not normally allow you to refinance until you have already owned the property for 6 months. We do however have a mortgage product that allows you to refinance immediately after the refurbishment is complete and subject to the increased value, extract up to a further £25000 to take to the next property

Click HERE for more information on how to finance refurbishment

• Low rental yielding property
  Most BTL mortgages rely on the rent being more than the mortgage payments. However a low yielding property may still be attractive for capital growth even when the potential rent is low. We have analysed the market and offer deals from the lenders who have a different approach, for example, allowing the investor to make up the rent shortfall from their own income or allowing a property to be let to multiple tenants and thus increasing its yield.

Click HERE for more information on ways to deal with low rental yields.

• Multi unit property strategy
  A freehold property that you plan to convert into flats or that has already been converted into flats often represents a great opportunity to increase value simply by creating a long lease on the individual flats and giving them their own legal title. This strategy uses a combination of finance stages and legal processes but has made some of our client’s substantial profits for very little work in a short period of time.

Click HERE for more information on ways to finance this type of property