If you’re planning on buying a property as an investment to generate income, instead of living in it; a buy to let mortgage is for you.
A buy to let mortgage is for people looking to buy a property to rent out, rather than live in it. Most buy to let mortgages are interest only. This means that monthly repayments will only pay off the interest, not the amount owed on the mortgage (known as capital). Instead, the capital will be paid off in full at the end of the agreed term.
Your home may be repossessed if you do not keep up repayments on your mortgage.
Most Buy-to-Let mortgages are not regulated by the Financial Conduct Authority.
Buying a home can seem like a really daunting and scary process. Here at KH mortgages our aim is to take that worry away.
We know that getting a mortgage is a huge step so let us guide you through the process, explain everything clearly and get you into your dream home with the minimum amount of fuss.
We will go through your current financial circumstances, work out everything for you and explain clearly what you’ll be able to afford. Let us do all the hard work.
We will work out what you can afford to borrow so you can search for the right properties
We'll provide you with a decision in principle so that the fun can begin, house hunting.
We will complete your mortgage application, letting your lender know you've found a property and that you would like to proceed.
Once the surveys are completed to the lenders satisfactory we will then issue a mortgage offer.
We have a range of mortgage calculators that you may find useful at the start of your mortgage journey.
We have our affordability calculator which just requires you and/ or your partners salary, then we can calculate an estimate of what our lenders could allow you to borrow.
We also have a repayment calculator that helps you in your budgeting by giving you an estimate of what a monthly mortgage payment could look like.
If you’re ready to start the journey of getting your mortgage, or you’ve realised you don’t have the appropriate protection in place. Then simply hit the button below and enquire with us about an appointment.
What are you waiting for?
KH Mortgages is a trading name of Yorkshire Financial Consultancy Ltd who are an Appointed Representative of PRIMIS Mortgage Network, a trading name of First Complete Limited. First Complete Limited is authorised and regulated by the Financial Conduct Authority.
Yorkshire Financial Consultancy Ltd registered in England & Wales (04121853). Registered address; SUITE G1,SEVEN HILLS BUSINESS CENTRE, SOUTH STREET, MORLEY, LS27 8AT.
Most Buy-to-Let mortgages are not regulated by the Financial Conduct Authority.
A mortgage fee payable is dependent on the complexity of the case and will be agreed at the outset. A fee of up to 1% of the loan amount is payable, for example on a £100,000 mortgage a 1% fee would equate to £1,000. A typical fee is £299 and is payable at the outset or on the issue of an offer of the mortgage.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The guidance and/or advice contained in this website is subject to UK regulatory regime and is therefore restricted to consumers based in the UK.
