An interest only mortgage allows you to pay just the interest charged each month for the term of the loan.
We can give you an idea of how much you are allowed to borrow.
A buy to let remortgage is a mortgage deal to let out your property that you can switch to when your existing mortgage deal ends
It can be easier for a landlord to sell to their tenant than to the open market so they end up giving the tenant the first refusal
What are my options if my interest only Mortgage is ending soon?
We can help portfolio landlords, limited companies, those looking at HMOs, and even first time buyer and first time landlords.
How much deposit is needed for a mortgage? Although this can differ per applicant, it usually stands around the 5%-10% mark.
A typical definition of an HMO would be a property occupied by 5 or more people, 5-7 lettable rooms and property with more than one tenancy agreement in place.
By using a broker like us it may be possible to secure a mortgage deal! Remember, we consider all mortgage situations.
Buy to let is where you buy a home with the intention of letting someone else live in it for a monthly rental fee.
A mortgage broker can save you legwork. We have regular contact with a wide variety of lenders, to help find you the most suitable deal.
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UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.