Find the Best Buy To Let Mortgages - Best Rates, Quotes, Offers & Deals in the UK

Property can be one of the most profitable long-term investments available... but make sure buy-to-let is the investment that you want. Like any investment buy-to-let comes with no guarantees. Yes it can supply you with regular rental income and a large asset with the potential to increase in value, but sadly as lessons have been learnt over the past couple of years that if the economy is in bad form then you may struggle to reach payments and targets agreed between your tenants, you and your mortgage lender.

The benefits of Buy to Let Mortgages are:

•  The majority of mortgage lenders ensure that the property meets the criteria of at least 75% to 85% loan-to-value (percentage that you can borrow against the valve of the property your looking to buy) and returning 125% of monthly mortgage payments (rental payments forecast to receive). This means that the rent available must be 125% of your monthly mortgage payment ( I.E - If your contractural mortgage payment is £100 per month, then the monthly rental yeild must be £125.00)

•  A buy to let mortgage borrower in the UK typically chooses interest-only repayments but capital and repayment mortgages are also available.

•  Characteristically buy to let loans are available at slightly higher rates than standard owner-occupier mortgage deals.

This list details some of the most common types:

•  Fixed Rate Buy to Let Mortgages

•  Variable Rate Buy to Let Mortgages

•  Capped Buy to Let Mortgages

•  Minimum Status Buy to Let Mortgages

•  UK Limited Company Buy to Let Mortgages

•  Non Resident Buy to Let Mortgages

•  Self Certified Buy to Let Mortgages

Related Internet Links:

Financial Ombudsman Service | Office of Fair Trading | Financial Services Authority | Council of Mortgage Lenders