We tend to find, that some lenders out there will focus less on your income when it comes to obtaining a buy to let mortgage, whereas other lenders' requirement is that you earn a minimum of £25,000 pa or more. This is why it's much easier to obtain a buy to let mortgage when you're already a landlord or own your own home, but it doesn't mean it's impossible to be a first time buyer/first time landlord in Brighton. We always make sure that we are up to date with the latest buy to let legislation and lending criteria, as this allows us to offer our customers recent, open and honest mortgage advice in Brighton. The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.
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Nowadays, more landlords are choosing to run their own limited companies as a means of purchasing additional properties to increase their portfolio size. You are best speaking to an accountant if you are considering this as an option. We have helped many landlords obtain a buy to let mortgage in the past. we can search through 1000’s of buy to let products allowing us to find you the most appropriate mortgage for what you are looking to achieve with your investment purchases. As a mortgage broker in Brighton, we also worked alongside existing landlords who have already built up a portfolio of buy to let properties consider investing in further opportunities, and looking into their remortgage options to release equity, which can cover the deposit for another buy to let property.
Apply NowHow much deposit do I need for a buy to let in Brighton?
The minimum deposit for obtaining a buy to let mortgage in Brighton is 25% of property value. You may come across other lenders who ask for deposits somewhere between 20-40%.
How much can I borrow for a buy to let in Brighton?
The maximum amount that you can borrow for a buy to let mortgage in Brighton will depend on the projected rental income for the property. We tend to find, that most lenders will expect you to have your own income from either a main job or self employment.
How much do I need to earn to get a buy to let mortgage in Brighton?
We have some lenders on the panel who aren't as interested in looking at your own income for a buy to let mortgage in Brighton, whereas others will want you to be earning a minimum of £25,000 pa per year.
Can I use the equity in my house for the deposit of a buy to let in Brighton?
As long as you have built up a decent amount of equity within your property and can release this equity via a remortgage in Brighton, this can be used for a deposit on a buy to let property. As we've said, the deposit for a buy to let is typically around 25%, though depending on circumstances you may be asked for somewhere between 20%-40%.
Can I get a mortgage on a buy to let in Brighton as a first time buyer?
Yes, there are cases where some look to obtain a buy to let mortgage as a first time buyer in Brighton. Although, most lenders will prefer an applicant who is a current homeowner, over someone who hasn't made mortgage payments before.
Why use a mortgage broker in Brighton?
The benefits of having a mortgage broker in Brighton by your side will give you the chance to be informed through the entire process and look at which options are available to you based on your financial and personal circumstances. Having responsive mortgage advisors in Brighton, we can search 1000's of buy to let mortgages and always strive to ensure our landlords will receive help and support throughout the entire buy to let process.
We'll work around your busy landlord schedule and be here when you need us.
No upfront fees payable, you only need to pay us upon mortgage success in Brighton!
Whether it's a mortgage administrator or a mortgage advisor in Brighton, you'll always know who you are dealing with.
We've helped many new and existing landlords throughout the entire buy to let process of obtaining a mortgage in Brighton.
We'll recommend appropriate insurance products, ensuring you can stay at home in Brighton, should you become seriously ill or unable to work.
As a mortgage broker in Brighton, we can find the best buy to let deal for you, saving you time and money.
Having been in the industry for over 20 years, we have helped many landlords obtain a buy to let mortgage. There's hardly a situation that we haven't come across before.
When you get in touch for mortgage advice in Brighton, we'll help you with any mortgage hurdles that you face along the way, such as property survey and valuation problems.
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Hasan
excellent service
Anonymous
My initial interaction with Faye from UK money man has been really personable and I felt like she understood my needs very well. I’m hoping they can help deliver what I need and I didn’t feel any pressure to have to go further with my...
Rodrigo
UK Moneyman have been super helpful and reliable. Have always been able to count on them getting back to us quickly and made us feel comfortable checking anything out we were not really sure about. They made the whole process as easy and hassle free...
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The team were fantastic, in finding the product for me. Jo also walked me through what to expect when purchasing your first home I.e. time frames, and answer my many questions. Also their after care has been great, checking in on how the purchase is...
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Myself and partner used UK Moneyman for our first time buyer mortgage. We’ve had round the clock care well above the norm. Multiple routes forward regarding which mortgage to go for with lots of information to help prepare us through the...
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Leo and Kayleigh have been great from the first phone call that I made to them. They have both helped us each step of the way and it has been a great comfort to my wife and me that everything had been taken care of by them both. We will definitely...
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Ryan and Kayleigh were incredibly helpful and always available to answer our questions whenever we needed - and we had a lot of them as we are first time buyers who didn't have a clue about any of the process to begin with! They secured our...
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UK money man where so helpful. Chloe and Joe was amazing with us. Stayed in contact with us giving advice and updates, so glad we chose UK money man! Thanks for all your help.
Anonymous
Amazing, when ne and my partner first looked into buying a house, we had no idea about how to get a mortgage or anything. Moneymen were extremely helpful all the way through and sorted everything smoothly and efficiently! Very happy, will use again...
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We’re so glad that we decided to use UKM to help us through the process of buying our first home, they took most of the stress off our shoulders and we’re always there to answer any queries. Would definitely recommend them to anyone...
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I found Dinah at Harrogate Moneyman to be extremely supportive. She listened carefully to our needs, proposed solutions and followed up closely. A great service - I’d recommend Harrogate Moneyman to anyone looking for mortgage options.
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Absolutely fantastic from the start of the process. Everything was explained really clearly and I feel that the advice given to me throughout was done so with my best interests at heart. Would recommend to anyone looking into getting a mortgage.
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I used UK moneyman after using many other brokers. Tom Dent and Meghan Robinson fought for my case and was able to land me the mortgage offer I needed. In such a sellers market, having a great team around you makes such a difference. I will...
Axel
Mizna has been amazing and helped us to get a better mortgage protection for a cheaper price than what we previously had. Would definitely recommend!
Nadia
excellent as always and very efficient. used them for my first-time mortgage and also my remortgage now
Christopher
Excellent service from Mizna. Went the extra mile to get me the best deal. Will definitely use again.
Carlos
Mizna Coates helped me reviewing a critical illness protection plan I have. Her advice helped me to take an informed decision. I feel her advice was honest and thorough, keeping my best interest as a priority and not just trying to sell me a...
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For me, UK Moneyman is very experienced, very professional, Great advisor, very friendly and respectful. They always get you prompt response. I was so comfortable with them during the whole process. I strongly recommend them. Special thanks to all...
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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
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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
