Buy To Let Mortgages
Here at Firco Mortgages, we are committed to securing you as landlords, the best mortgage option for you. We understand that with lenders more reluctant to offer buy to let mortgages, the service has become a less obvious option and thus understanding of the service is somewhat lacking.
Essentially a buy to let mortgage is a mortgage option tailor-made for landlords looking to add to their property portfolio. Buyers have the option to purchase a property with the sole intention of renting that property out to a tenant. Buy to let mortgages have become a rare occurrence as lenders become more frugal and suspicious, but Firco Mortgages search the entire market to find the best deals for your needs.
The buy to let sector is one of the most volatile areas of the mortgage market, with regular regulatory upheaval affecting lender criteria and borrowers’ access to lucrative deals. From the 2016 changes set out by the Prudential Regulation Authority, to reduce tax relief for landlords, knowing how to navigate the buy to let mortgage market is one of our most sought-after services.
Acquiring a mortgage can be a stressful time, even more so when you will not be living in the property yourself, so our buy to let service offers you the peace of mind that you need to successfully manage your property portfolio.
How Firco Mortgages Can Help
With over 20 years of experience, Firco Mortgages may be your best option in securing the right mortgage for your needs.
Securing a buy to let mortgage is one of the trickiest challenges that prospective and experienced landlords alike must face, with high street lenders reluctant to provide finance. Due to lender criteria changing dramatically on a frustratingly regular basis, it is important to get correct and up to date advice.
A buy to let mortgage is often determined by the rental income you will receive from tenants (this is the rental calculation) and how much you can contribute to the purchase price (the deposit). Many lenders will also require proof of personal income separate from the rental income, which varies greatly from lender to lender.
At Firco Mortgages however, we have unlimited access to the UK mortgage market and will use our vast experience to find the best mortgage package available for our customers, including exclusive online deals that cannot be matched by high street lenders.
Regardless of your position either as a landlord with a portfolio of properties, or a novice to the process of being a landlord, or indeed somewhere in between, we guarantee that every one of our clients’ purchases are handled in-house, with a dedicated mortgage adviser to oversee the entire process.
We believe that the peace of mind that your mortgage requirements are being handled by just one committed and professional company is an invaluable asset when navigating through this complex part of the mortgage market.
The Financial Conduct Authority does not regulate some forms of Buy to Let mortgages.
We don’t tend to publish mortgage rates on our website – ever more so for Buy To Let mortgages. In most cases rates are negotiable and based squarely on the individual circumstances of the borrower, their plans, assets and income.
Firco is an independent mortgage broker that has strong relationships with the key lenders in the UK mortgage market, including those private banks who do not have a high-street presence. We arrange bespoke mortgage solutions for our clients, providing a tailored one-to-one advisory service, delivered face-to-face or remotely, depending on what suits you.
Please click on ‘Become a Client, Enquire Now’ at the bottom of the page and complete the enquiry form and we will normally contact you within the same working day during business hours or if you would prefer us to contact you outside normal business hours then please advise and we will quite happily do so. Alternatively you can email us with details about your requirements to firstname.lastname@example.org or call us on 0151 372 0388