Buy to Let Loans & Mortgages

Whether you are a first –time landlord or a property investor wanting to expand their portfolio we have a range of buy to let mortgage lenders who can offer a variety of buy to let options. 

•             Houses in Multiple Occupation

•             Multi-Unit block

•             Complex portfolio

•             No residential property required

•             Adverse accepted

•             Low value properties

•             None standard construction considered

•             Lending within 6 months accepted

•             1st time buyers

•             No minimum Income

•             All types of BTL available

There is a growing trend in the Uk whereby the rental demographic is getting younger as housing becomes less affordable and mortgage providers continue to tighten criteria. Every 1 in 6 properties in this country is rented and by 2018 it is estimated that this will become 1 in 5. Another interesting Statistic is the average landlord in the Uk now has 8 properties and is aged over 50.

Using a broker specialist when you are looking to raise finance to purchase or remortgage a Buy to Let Property or indeed properties can reap dividends. We have lenders who will consider landlords looking for their first investment as well as those who are looking to refinance their entire multi million pound portfolio. 

Here is a recent case study

A client wanted to raise funds of £15,000 against a Buy to let property he owned outright to consolidate debts including payday loans. He was 6 months in arrears on a credit card and his income didn’t meet other lenders minimum requirements. The property was valued at only £60,000 and therefore below some of the standard lenders minimum valuation. We arranged to raise the money for him and he cleared his debts improving his financial situation.

For further information please contact us via the website Money Solutions Uk

Alternatives to getting a remortgage

Recent additions to our lender portfolio mean customers have greater choice when it comes to raising finance  against their property. So if you consider the following scenarios we will no doubt have several alternatives for you to consider:

• You want to raise additional funds and keep the interest only part of your mortgage which is currently charged at a favourable rate.
• Your income is not high enough to apply for a larger mortgage. You may also be in receipt of benefit income that is not included in a mortgage lenders calculations to determine how much you can borrow.
• You are currently tied in to your main mortgage and will incur charges to switch mortgage lenders.
• Your additional credit borrowings prevent you from securing a remortgage or to raise further funds via your mortgage provider.
• Adverse credit or historical issues you have had with finance or your mortgage prevent you from securing a mortgage

We can now raise secured funding up to 95% of your properties value if certain criteria are met.  Secured lenders are also less sensitive about what you require the additional borrowing for so if you are needing the money for business purposes for example then we have solutions that may well suit. In some circumstances if you are looking for a loan for home improvements then we have unsecured homeowner loans for people with a good credit history to supplement our extensive range on secured loans.

If you have short term borrowing requirements and you have found credit hard to come by then lenders like Everyday Loans or those on our panel that offer guarantor loans for example may be suitable for you. So whether you are a home owner or a tenant with a good or a poor credit profile there is still likely to be a lending solution available to you. Visit the Personal Loans section on our website for more information.