If you are a new or existing landlord looking for help with a buy to let mortgage, then you’ll be in safe hands with us. We are very experienced at providing buy to let mortgage advice and have dedicated advisors ready and waiting.
Over the last few years, the rental sector has experienced a lot of change. As your expert buy to let mortgage broker, it’s our job to keep up to date and ensure you are on the right product that meets your needs.
Our buy to let mortgage advice experts have in-depth knowledge of criteria from a large panel of mortgage lenders. For the more complex situations, we also work with some more specialist buy to let lenders, who may be able to help
We work with a large number of mortgage lenders, including a lot of specialist lenders. Our mortgage advice team have in-depth knowledge of all their different lending criteria.
There are many different reasons for landlords to invest. Some do it for future property/capital growth, whilst others do it to supplement their current income. Some even plan for the long-term, looking at retirement planning.
1 We’re Open and Honest with our customers.
2 We offer a Free Mortgage Consultation.
3 Meeting or telephone Mortgage Advice in Leeds is available throughout the day.
4 We try and offer you the best help and support throughout the whole process.
5 Our team is fully equipped and able to handle complicated situations on a regular basis.
6 We know our criteria and very experienced in Mortgages.
7 We have special connections with specialist mortgage lenders to find you the best deal.
8 Feel free to read our reviews from previous customers at Reviews.co.uk.
9 Mortgage appointments are available daytimes, evenings or weekends.
As your Mortgage Advisor in Leeds, we are here to help you. Get in touch with us today and make a date for your free mortgage consultation.
To help demonstrate that you are creditworthy and assess your affordability for a mortgage, we recommend getting an Agreement in Principle ready before viewing properties in Leeds. At the very latest, you should obtain one before making an offer to assist your bargaining position and show any seller that you are ready to proceed should they accept your offer. We are typically able to obtain an agreement in principle within 24 hours.
Despite having shown any credit problems in the past, the good news is you may be able to get a mortgage, but it means you may be required to put down a higher deposit, e.g. 10 – 15% of the property purchase price.
Once you have submitted at least one year’s accounts, you are able to get a mortgage. Most Lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.
It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for self-employed. You will also need to produce proof of ID, address and 3 months’ bank statements.
Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.
Though it can vary between 20%-40%, the minimum deposit for a buy to let mortgage is usually 25% of the property value.
Your free mortgage consultation in Leeds will last round about one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.
As your mortgage broker in Leeds, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.
An Agreement in Principle typically lasts for between 30 and 90 days depending on the Lender used. If your Agreement in Principle expires it can always be refreshed.
It may be possible to get a second mortgage on your home for things like debt consolidation or Home Improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
A telephone call where we can take some initial details and find out about your plan of action.
Enjoy finding a property!
Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.
Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.
