“A buy to let mortgage is a loan for purchasing or refinancing residential property which is let to tenants rather than lived in by the borrower. Classed as a business transaction, rates and fees are typically higher than those you would find with a standard residential mortgage.”
If you are a landlord, you will find that sourcing funds to acquire a property or rental can be a challenge. People who aspire to acquire a rental property will have to release large amount of funds to possess an already existing property or to finance to build a new one. Sources of funds to pay for these properties often come from personal income or a loan from lending institutions.
A Commercial Buy to Let (BTL) mortgage, which is utilised by businesses looking to invest in houses, flats/apartments, maisonettes or Houses of Multiple Occupancy (HMO) property and then rent them out for a profit. This type of mortgage is similar to the regular kind of mortgages given by banks and other lending institutions.
However, its rates and fees are greater compared to a standard residential mortgage.
As an independent broker, we offer a wide range of Buy to Let Commercial Mortgages to suit.
Our team will speak with you to understand what you require and aim to give you a written decision in principle (DIP) quickly, to enable you to find out what funds are available at no cost, no obligation.
Look no further than N & T Consultants Ltd to help you find the right Buy to Let Mortgage product.
Call us NOW for BTL Commercial Mortgage solutions on 0333 5777 220, in the STRICTEST of confidence or complete our online contact page for immediate help and a NO COST, NO OBLIGATION telephone consultation or meeting at your convenience.
We look forward to assisting you!Go back