Buy to Let Mortgage Advice
Open from 8am to 10pm
Our journey starts here
The world of providing buy to let mortgage advice has seen significant change over the last few years creating a minefield of information for existing and new landlords. Rest assured, we have our own in-house team of UK Moneyman buy to let mortgage experts who are up to date on the new regulations. Unless a buy to let mortgage broker is working actively in the market on a daily basis it's very unlikely they'll be up to speed with the latest products and lending criteria. You'll be in safe hands with us!
With our expert UK Moneyman mortgage team, no problem. Buy to let mortgages are calculated on the rental income return rather than on affordability.
Meet Nathan, one of my buy to let mortgage experts
"After being a buy to let mortgage advisor for UK Moneyman for 3 years now, it still surprises me how much money I save my landlords by remortgaging on a daily basis.
I speak to landlords who have never refinanced a buy to let property, and have been paying over the odds on their current lenders standard variable rate for years.
Getting to know my customer is very important to me and also the company. I perform a full review on my landlords portfolios, enabling me to provide individual trusted buy to let mortgage advice.
I now have a large number of long-standing returning landlords coming back to me for both their purchase and remortgage including capital raising options.
I find our landlords lives are very complex now and time is very precious to them, it's rewarding to be able to actually help whilst at the same time making the buy to let mortgage process as smooth as possible.
It's been a really hectic couple of years in the buy to let world, with many landlords now deciding to buy new properties in a limited company rather than on an individual basis. It's always good to have a reputable buy to let mortgage advisor (like me) on your side.
My colleagues and I are available 7 days a week, until 10pm to answer all of your buy to let questions by phone or email, no matter how small."
It's harder, however, we can generally help. We're able to utilise our knowledge and experience to recommend the most suitable lender for you.
Specialist lenders
Just because you have been turned down by your high street bank doesn’t necessarily mean the end of the road. We work with some specialist mortgage providers who all have different lending criteria.
Your credit report
If you are aware that you have had some problems in the past then obtaining an up to date copy of your credit report will prove invaluable for your UK Moneyman mortgage advisor.
Our knowledge
Armed with your up to date credit report and our vast knowledge of lending criteria, we will be able to advise you on the best possible mortgage for your individual circumstances.
Bad credit types
We have experience providing mortgage advice to landlords with CCJ's, missed payments, defaults, arrears, debt management plans, and ex bankrupts.
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Specialist lenders
Just because you have been turned down by your high street bank doesn’t necessarily mean the end of the road. We work with some specialist mortgage providers who all have different lending criteria.
-
Your credit report
If you are aware that you have had some problems in the past then obtaining an up to date copy of your credit report will prove invaluable for your UK Moneyman mortgage advisor.
-
Our knowledge
Armed with your up to date credit report and our vast knowledge of lending criteria, we will be able to advise you on the best possible mortgage for your individual circumstances.
-
Bad credit types
We have experience providing mortgage advice to landlords with CCJ's, missed payments, defaults, arrears, debt management plans, and ex bankrupts.
You don't want to be paying more interest than you have to! We may be able to save you £1000's by switching to a new buy to let mortgage deal. We'll compare the deal being offered by your existing lender to what we recommend to see if you can save.
Getting a better deal
You don't want to be paying more interest than you have to! We may be able to save you £1000's by switching to a new buy to let mortgage deal. We'll compare the deal being offered by your existing lender to what we recommend to see if you can save.
Home improvements
Sometimes, you may wish to renovate your property in between tenancies. Popular improvements such as a new kitchen, bathroom, building works etc can also add value to the property down the line.
Capital raising
If there is sufficient equity in your buy to let property we can help you consider your capital raising options and let you know how much this will cost. Capital raising to pay off personal debts or raising money for a future property purchase are the most popular.
Adding or removing a name on a mortgage
A remortgage is a good opportunity to amend the names on your mortgage. This can be due to your personal situation changing in the event of divorce or separation. We are able to coordinate this on your behalf and also advise you of the legal work involved.
-
Getting a better deal
You don't want to be paying more interest than you have to! We may be able to save you £1000's by switching to a new buy to let mortgage deal. We'll compare the deal being offered by your existing lender to what we recommend to see if you can save.
-
Home improvements
Sometimes, you may wish to renovate your property in between tenancies. Popular improvements such as a new kitchen, bathroom, building works etc can also add value to the property down the line.
-
Capital raising
If there is sufficient equity in your buy to let property we can help you consider your capital raising options and let you know how much this will cost. Capital raising to pay off personal debts or raising money for a future property purchase are the most popular.
-
Adding or removing a name on a mortgage
A remortgage is a good opportunity to amend the names on your mortgage. This can be due to your personal situation changing in the event of divorce or separation. We are able to coordinate this on your behalf and also advise you of the legal work involved.
Some important things to consider with a buy to let mortgage:
Personal or limited company
It's always advisable to seek advice from your accountant about the way forward with this. It will depend on a number of factors including how many properties you have. Your personal tax bracket will also be taken into account during their recommendation.
Deposit available
The more deposit you have available the better buy to let mortgage deal you will qualify for. As a rule, you'll require a minimum of 20/25% of the property value for a deposit. However, if you have 50% available and you may want to purchase a future investment property, you may only want to put the minimum down for now.
Rental income projection
The amount you can borrow on a buy to let is based on the rental income calculation for the property. As a rule, the more rent return you will receive the more you can borrow. All lenders calculate this differently, however, if you have a good estimate it will help your mortgage advisor provide accurate illustrations.
Your personal situation
Questions to ask yourself include; shall I buy in sole or joint names, can I pay the mortgage in between tenancies or if the tenant fails to pay the rent, am I a higher rate tax payer already or will I become one in the near future, shall I manage it myself or through a letting agent, am I investing for income, capital growth or a mixture of the two?
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Personal or limited company
It's always advisable to seek advice from your accountant about the way forward with this. It will depend on a number of factors including how many properties you have. Your personal tax bracket will also be taken into account during their recommendation.
-
Deposit available
The more deposit you have available the better buy to let mortgage deal you will qualify for. As a rule, you'll require a minimum of 20/25% of the property value for a deposit. However, if you have 50% available and you may want to purchase a future investment property, you may only want to put the minimum down for now.
-
Rental income projection
The amount you can borrow on a buy to let is based on the rental income calculation for the property. As a rule, the more rent return you will receive the more you can borrow. All lenders calculate this differently, however, if you have a good estimate it will help your mortgage advisor provide accurate illustrations.
-
Your personal situation
Questions to ask yourself include; shall I buy in sole or joint names, can I pay the mortgage in between tenancies or if the tenant fails to pay the rent, am I a higher rate tax payer already or will I become one in the near future, shall I manage it myself or through a letting agent, am I investing for income, capital growth or a mixture of the two?
Why use UK Moneyman?
Why use UK Moneyman?
We work for you
Our buy-to-let mortgage advisors are always up to date with the latest industry changes. Our buy to let specialists are available 7 days a week 8am – 10pm to help and guide you throughout the whole process.
We search 1000's of buy to let mortgage deals
Your my moneyman dedicated buy-to-let mortgage advisor will search and compare 1000's of deals to find you the best mortgage tailor made to your individual circumstances.
Five star service
We pride ourselves on the level of service we offer to our customers. Don’t take our word for it though, read our genuine customer reviews.
Free mortgage consultations
We offer all of our customers a free no-obligation mortgage consultation. Out of hours mortgage advice isn't a problem. We appreciate the busy schedules of day to day life, this is why UK Moneyman mortgage advice is available 7 days a week 8am – 10pm.
Don't take our word for it
Here's what our customers have to say
Malcolm's Buy to Let Guides
Let’s get mortgaging!
Call free 8am to 10pm