Buy to let Mortgage Broker
Purchase to rent Mortgage Broker.We are an impartial mortgage broker with over 40 years of expertise and are ideally positioned to provide you with guidance and find a Buy-to-Let mortgage that meets your real estate needs. It has never been more important to get the right guidance with the recent changes to Buy-to-Let and Let-to-Buy. In order to ensure that you choose a mortgage that suits your particular situation, call our advisors at the number at the bottom of the page and we will be happy to assist you.
A few low interest rates may seem appealing, but if the charges are higher, they may not be the best value for you. An £200,000 mortgage due over 25 years on a payback base, first on a firm instalment for 26 months at 1. 69% and then on a floating instalment, currently 5. 24%, for the other 22 years and 10 months 26 would require payment of £281.
There would be a sum of 248,321 to be paid, consisting of interest (£246,616) and charges (£1,705, including the £195 withdrawal fee). An £200,000 mortgage due over 25 years on a redemption base, next on a firm instalment for 27 months at 1. 75% and then on a floating instalment, currently 5. 19%, for the other 22 years and 9 month would require 27 repayments of £291.
Overall the amount to be paid would be 245,870, comprising interest (£243,520) and charges (£2,350, including 50 pound exits). An £200,000 mortgage due over 25 years on a redemption base, first on a firm instalment for 26 months at 1. 78% and then on a floating instalment, currently 5. 24%, for the other 22 years and 10 months 26 would require payment of £296.
There would be a sum of 248,211 to be paid, consisting of interest (£247,006) and charges (£1,205, including the £195 withdrawal fee).