Tina Cranfield Financial Services
  • Home
  • About
  • Contact
  • Our Services
    • Mortgage Calculator
    • The Buying Process
    • Cost of Buying
    • First Time Buyers
    • Remortgage
    • Buy To Let
    • Let to Buy
    • Commercial Mortgages
    • Protection
  • Home
  • About
  • Contact
  • Our Services
    • Mortgage Calculator
    • The Buying Process
    • Cost of Buying
    • First Time Buyers
    • Remortgage
    • Buy To Let
    • Let to Buy
    • Commercial Mortgages
    • Protection

Buy To Let

Picture
The key to making a buy to let venture work for you is finding the best possible mortgage deal. That’s why it’s so important to take impartial advice – especially in today’s market.
While buy to let mortgages are similar to residential home loans, there are some very important differences that our expert advisers can help you get to grips with.
For example, buy to let mortgages require a larger deposit than regular loans (typically 25%), and you’ll need to show the lender that the rent will cover your interest payments on the mortgage by at least 125% – in case the property stands empty for a while or needs maintenance. You should also set money aside for arrangement fees, which can be as much as £2,000.
​
On the bright side, buying a property to let out offers the appealing prospect of a potential rental income, plus the possibility of equity to unlock later if property values increase. In fact, the right investment can give you a gross return each year of between 5 and 10%. That’s well ahead of what any savings account will currently give you, albeit with more risk attached.
And while average property prices across the UK have been flat in recent years, rents have been on the increase. Acting quickly, with confidence, is the key for buy-to-let deals.

Free Advice
Call Tina on 07840 740047
​or
​01526 352076
​ Mortgages@tinacranfield.CO.UK


Legal

Typically we charge a fee of £375 for arranging a mortgage, however the actual fee will depend on your circumstances and will not exceed 1.5% of the mortgage amount. The fees may be waived subject to the terms of the fee waiver agreement.
As a mortgage consultant, I also give you the option of paying a fee for mortgage advice, with any commission being returned to you. Your home may be repossessed if you do not keep up repayments on your mortgage.

To see our Privacy POLICY please click to download file.

Get in Touch

Tina Cranfield Financial Services
Suite 1  Matthew Temple House 
The Broadway  Woodhall Spa  Lincolnshire  LN10 6ST

07840 740047 / 01526 352076
mortgages@tinacranfield.co.uk
Tina Cranfield Financial Services is an appointed representative of Stonebridge Mortgage Solutions Ltd, which is authorised and regulated by the Financial Conduct Authority

Policy Document
File Size: 23 kb
File Type: docx
Download File