Whether you are looking to take on your first buy to let or are an experienced landlord looking to extend their portfolio. We will be happy to help search 1000s of mortgage deals to find you the best product for your investment needs. Our mortgage advisors in Bournemouth have a wealth of knowledge when it comes to buy to let lending criteria as well as the latest regulations. The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.
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It is becoming more popular and we are seeing many more landlords looking to purchase their investments through a limited company, SPV (Special Purpose Vehicle). We would recommend you speak to a tax advisor or accountant to run through the benefits of buying in a ltd company, and whether this is the right method for you. Once you have which route you would like to take to purchase your investment property, we can then search for the appropriate lenders and products. Book your free buy to let mortgage appointment online below.
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Typically speaking the minimum deposit required for a buy to let mortgage is 25% of the property value, although this can vary between 20-40% depending on your history as a landlord and the type of investment property you are looking at.
Your maximum borrowing is determined by the rental income the property is likely to generate. Furthermore, most lenders will require you to have some form of income, whether this is employed or self employed.
This varies with different lenders. Some require you to be earning a minimum of £25,000 per annum whereas some do not focus on your personal income at all.
Yes, if you have built up enough equity in your house and are able to release this by means of Remortgage. You can use this as a deposit on a buy to let property. Please remember that a buy to let deposit is typically between 20-40%.
In short, yes. You can purchase your first property as a buy to let. However, many of the lenders will want an applicant that currently owns a property over someone who is completely new and has no experience.
As a mortgage broker in Bournemouth, we will be with you every step of the way. From your initial enquiry to getting the keys. We can search 1000s of deals to find you the right mortgage for your individual circumstances.
We provide mortgage advice 7 days a week in Bournemouth to fit busy lifestyles. We work around you.
All our customers are provided with a free mortgage appointment that has no upfront fees. You pay us upon mortgage success in Bournemouth.
As part of our mortgage advice service, we provide you with dedicated experts including a mortgage advisor in Bournemouth to keep you up to date.
We understand that the whole home buying and remortgage process can be daunting. We will be by your side every step of the way. Taking as much stress away as possible.
We'll recommend appropriate insurance products, ensuring you can stay at home in Bournemouth, should you become seriously ill or unable to work.
As a mortgage broker in Bournemouth, we can find the cheapest deal for you, saving both your time and your money.
Our experience allows us to deal with a variety of scenarios, therefore, it's very likely that your dedicated mortgage advisor in Bournemouth has already come across your situations before and knows the best solution.
When a customer contacts us for buy to let mortgage advice in Bournemouth, our team will help them overcome any mortgage hurdles like property survey and valuation problems.
Our Customers Love Us
4.97 Rating285 Reviews
Hannah
The whole team at UK Moneyman have been so friendly and helpful, whilst also providing an excellent service and securing me a mortgage offer really quickly. Even when there were questions and changes, they went over and above to help and always came...
Sarah
Fantastic service from Tom Bowes
Brooke
Excellent service, great communication & highly professional
Khristopher
Malcolm and Meghan did a great job with my application which due to a chain breaking down had to be done for two different properties, was kept informed throughout and they made me aware of changes in the market i didn't know about. Would...
Hilary
Matt and Wendy worked tirelessly and creatively to reach a great mortgage outcome for me in what was a less than straightforward journey. The commitment and advocacy was fist class and communication, always excellent. Matt really earned his broker...
Nina
I'm very happy with the services UK Moneyman have been providing during my buying process so far. I'm a first-time buyer so it was very important to me to have a mortgage broker who could answer all my questions in a timely and...
Stuart
Great team who works to get you exactly what you need, they made the whole process smooth and painless, so I would highly recommend them.
Danielle
I honestly couldn't have asked for a better service with UK Moneyman! I have been working with Charlie and Wendy! They have been SO helpful throughout the whole process and so supportive, never a hassle for them when I've been bombarding...
Clair
Informative, friendly, helpful and efficient service.
Katie
Really glad I went with UK Moneyman for my first mortgage, explained everything to me so well and was always on hand when I needed them as I work long hours at weekdays so having appointments on the weekends was so helpful for me, would definitely...
Natalie
Tom and Chloe were super helpful with our first time mortgage. We had a couple of properties fall through but Tom was there to help and guided us through the whole process.
paul
I think anyone would have difficulty finding a more helpful and friendly Financial Advisor. We used them to find a suitable later life mortgage and their effort and persistence in the face of some difficulties (caused by our particular...
Anonymous
Good advice and a professional hand both made the process seem effortless. Full marks for a service and result!!
Christopher
Wayne and Paula have been very helpful in helping me purchase my first house would highly recommend them to anyone wanting a mortgage advisor! Wayne was also very flexible with time as I have very odd working hours and worked out a time for phone...
Carol
Excellent service, Tom and Lynsey were responsive and extremely helpful including in resolving issues of transferring the offer to another property when the seller of the first property I was buying pulled out.
Marco
It's the 3rd time I've dealt with the team at UK Moneyman, as before they have been informative, punctual, detailed and a pleasure to deal with. I couldn't reccomend them more highly.
Suzanna
Excellent communication from start to finish. Highly recommend.
Rasheda
Very friendly and provided all the information I needed.
Pauline
Very pleased with Allen’s professionalism , he was able to answer all my questions to my satisfaction
Paul
Excellent experience all around, used for two mortgages and will use again
Read our 285 Reviews
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
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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
