Buy to Let
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Helping you to maximise your
investment
· No fee no obligation initial chat
· Specialist options available including LTD Co Purchases and Remortgages
Regardless of whether you’re searching for your initial property to rent, adding another property to your existing portfolio, or just planning to remortgage to obtain a better interest rate, our aim at Breeze is to aid you in achieving success with your investment.
Your home or property may be repossessed if you do not keep up with repayments on your mortgage.
Buy to Let mortgage guide
The way the lender underwrites a Buy to Let mortgage is typically based on rental coverage – will the rent earned on the property cover your repayments?
In the majority of cases, there will be less emphasis placed on your earned income.
When compared to regular residential mortgages, Buy to Let mortgages generally feature higher interest rates as well as increased setup charges.
For a Buy to Let mortgage, it is typically expected that lenders will request a deposit amounting to at least 20% of the property’s value. However, to get the best rates a minimum 25% deposit is usually required.
How much will my mortgage cost?
How much equity do I have in my property?
Purchasing or Remortgaging a BTL property which is owned by a Ltd Company:
With the recent tax changes, we have seen a much higher demand for Ltd company Buy to Let Mortgages. You should always speak to a tax adviser before pursuing this option, to make sure it is right for you and your future investment plans.
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Here are just a few reasons why you may want to consider a Limited Company mortgage for your investment:
- You can benefit from certain tax efficiencies including Higher Tax Relief.
- You’ll be able to retain your profit in the company to expand your portfolio.
- You may be able to include family members in your property business.
- You may be able to utilise more lenient rental coverage – borrow more, put down less deposit.
Not all Buy to Let mortgages are regulated by the Financial Conduct Authority
