People these days often look to purchase additional properties either as an investment or to supplement future pension requirements.
Most buy to let properties are arranged on an interest only basis, this is to maximise profit, you cannot make a loss on the property; i.e. your rental yield must exceed the mortgage payment.
Buy to Let Mortgages are very similar to residential mortgages and the deals are very similar.
if you are considering purchasing a buy to let property always seek impartial advice as quite often the high street lenders do not offer the best rates in this sphere.
Please contact us and the whole procedure can be outlined to you in the best informed manner.
Buy to Let are not typically regulated by the Financial Services Authority.
'Your home may be repossessed if you do not keep up repayments on your mortgage’
C.A. Mortgage Services Ltd. 8 Clos y Goron
Pontllanfraith
Blackwood
Gwent
S Wales
NP12 2HZ
