It's Free to Speak to an Advisor, 7 days, 8am - 10pm

Buy to Let Mortgage Advice in Leeds

It's free to speak with a mortgage advisor
7 days a week, 8am - 10pm

0113 827 2263 Speak to an Advisor - It's Free!
Reviews IO Logo

Read our 240 Reviews

Reviews Logo

Buy to Let Mortgage Advice in Leeds

Looking at an investment property in Leeds? Maximise your investment with tailored mortgage advice in Leeds and start your landlord journey with us!

Speak to an Advisor - It's Free!

Are you a budding or existing landlord looking for a buy to let mortgage in Leeds.

Becoming a landlord of a buy to let in Leeds has to be taken with caution because time and money are involved in purchasing, maintaining, and renting out the property.

Suppose you’re looking to make your first investment or expand your property portfolio; depending on what you are looking to achieve, you may find the help of our expert buy to let mortgage advisors in Leeds beneficial.

The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.

Video BG One Video BG Two
Buy to Let Mortgage Advice in Leeds

We build relationships with landlords when they get in touch for a buy to let mortgage in Leeds.

Our trusted and hardworking team of mortgage advisors in Leeds has a wealth of knowledge regarding buy to let mortgage advice in Leeds, making sure they are up-to-date with all the latest market updates and legislation.

Having the ability to search thousands of deals, we have assisted many landlords looking to either purchase or remortgage to find them the most appropriate and favourable buy to let mortgage in Leeds for their circumstances.

How much deposit do I need for a buy to let mortgage?

To get a mortgage on a buy to let in Leeds, you may be asked to provide a deposit between 20%-40% of the property’s price.

You will also need to provide sufficient evidence that you can afford another mortgage. Proof of this will be through documents, credit checks and affordability assessments.

Video BG OneVideo BG Two
Speak to an Advisor - It's Free!

FAQs From Buy to Let Landlords in Leeds

Can I buy a property through a limited company in Leeds?

Accorion Arrow

Yes, it is possible to acquire a property through a limited company in Leeds for buy to let purposes. Many landlords opt for this approach due to potential tax advantages and liability considerations. To understand the specifics of setting up a limited company for this purpose, it’s recommended to seek guidance from a legal advisor.

How much can I borrow for a buy to let mortgage in Leeds?

Accorion Arrow

The amount you can borrow for a buy to let mortgage in Leeds depends on various factors, including your income, credit history, the property’s value, and the specific criteria of the lender. Mortgage lenders typically evaluate your rental income potential as well. To determine your borrowing capacity accurately, it’s advisable to consult with a mortgage advisor in Leeds who can assess your unique circumstances and provide tailored guidance.

Our Customers Love Us

Reviews Stars4.98 Rating240 Reviews

Our Simple Mortgage Process

Free 30-Minute Mortgage Appointment

Step 1

Our mortgage advisor in Leeds can help you determine your realistic investment goals based on your financial situation and market conditions.

We Can Search 1000s of Mortgage Deals

Step 2

We can also explain the differences between interest-only and repayment mortgages, and help you decide which type of mortgage is best suited to your investment strategy, if you don't know so already.

Submit Your Mortgage Application

Step 3

This application will include all required documents, such as proof of income and identification. The lender will then assess your projected rental income to ensure you can afford monthly payments and any additional costs, such as maintenance and repairs.

Protecting You and Your Mortgage

Step 4

After obtaining your buy to let mortgage and purchasing your rental property, it is important to maintain relevant insurance coverage to protect your investment.

Reasons To Choose Us

Free Mortgage Review

Accorion Arrow

If you need assistance with a buy to let mortgage in Leeds, please contact our mortgage advice team. Having over 20 years of experience in the mortgage industry, we do what we can to give you the most suitable mortgage deal for your circumstances. Contact us today to book your free initial buy to let mortgage consultation.

1000s of Deals

Accorion Arrow

Here at Leedsmoneyman, your happiness with the service you receive is essential to our entire team. All our hard work shines through our genuine Customer Reviews.

Our Service

Accorion Arrow

We understand that, buy to let mortgages may not always be straightforward. That’s why our team do the there best to help you overcome any hurdles that we face, hopefully.

7 Days a Week

Accorion Arrow

As your dedicated & trusted buy to let mortgage broker in Leeds, our team of mortgage advisors and administrators in Leeds are available seven days a week to help and support you through the entire mortgage process.

Malcolm and Amy Davidson - Mortgage Advice in Leeds

We Search 1000s of Buy to Let Mortgages in Leeds

Fleet Mortgages
Paragon Mortgages
TSB Mortgages
Halifax
Bluestone Mortgage Advice
BM Solutions Mortgages
Chorley Building Society
Precise Logo
HSBC
Nationwide
Skipton
Pepper Money
Mortgage Works
Coventry Building Society
Santander
Natwest Mortgage Advice
Newcastle Building Society
Kensington Logo
Accord Mortgages
Aldermore Mortgage Lender
Beverley Building Society
Kent Reliance
Virgin Money & Mortgages
Leeds Building Society
Scottish Widows
Foundation Home Loans

Buy to Let Mortgage Scenarios in Leeds

Buy to Let Remortgage Options & Deals

Accorion Arrow

Existing landlords of a buy to let in Leeds sometimes find themselves looking to expand their property portfolio further by purchasing additional properties.

To achieve this, buy to let landlords look at remortgaging a property from their portfolio and using that release of equity to cover the deposit of purchasing a property in the future.

If any potential arrears occur, a buy to let landlord in Leeds might take a look to raise capital against another property in a bid to cover the debts instead of selling off a property from.

Limited Company Mortgages / Special Purpose Vehicles (SPVs)

Accorion Arrow

While this process has its pros and cons, some buy to let landlords purchase additional properties for their portfolio through a Limited Company or SPV (Special Purpose Vehicle).

This topic will need to be discussed more with a specialist mortgage advisor in Leeds to see if this is the correct route to go down.

HMO Mortgages

Accorion Arrow

Usually, five or more people occupy a House of Multiple Occupation (HMO for short). Some landlords prefer this option because of the potential higher yields this option is known to offer.

Most lenders will not offer this option, but some might provide different interest rates to what you might find with a regular buy to let in Leeds.

Mortgage Advice for Buy to Let in Leeds

Accorion Arrow

Other options we may assist with include mortgage advice for retired landlords, buy to let in Leeds for first time landlords, and specialist Mortgage Advice in Leeds for those with complex or unique situations in the world of buy to let in Leeds.

If you are looking for expert buy to let Mortgage Advice in Leeds, please feel free to contact us to book your free buy to let mortgage consultation.

Mortgage Guides

Leedsmoneyman.com & Leedsmoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.

UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.

Authorised and Regulated by the Financial Conduct Authority.

We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk

Equity Release Council Logo Solla Later Life Logo
Facebook Image X Image Instagram Image YouTube Image LinkedIn Image SpotifyImage TikTok Image

Speak to an Advisor – It’s Free!
7 Days a Week, 8am – 10pm

Speak to an Advisor - It's free Enquire Online 0113 827 2263
We use cookies to enhance your customer experience. More detailsGot It