Buy to let mortgages
Buy to Let mortgages (BTL) are specifically for people or companies looking to buy a property with the sole purpose of renting the property out to create a residual income.
In order to be considered for a buy to let mortgage you must have a mortgage on your home or own your home outright. Terms are different for a buy to let mortgage and interest rates and deposits are higher than a standard mortgage.
At Glasgow Mortgage Brokers our advisers will have a chat with you, take some details and then search the buy to let lenders market for the best rates.
Typically buy to let mortgages are interest only, with the initial borrowed amount being due at the end of the mortgage term.
For this type of mortgage you must have a good credit history and be able to show you can afford the mortgage.
If you are looking for your first BTL mortgage we will guide you through the process. For those with existing portfolios we can help you find a better provider than your existing BTL mortgage provider.
If you are looking for a buy to let mortgage simply click on the “request a callback” button to arrange an informal chat with one of our advisers who will be only too happy to discuss your needs and explain what is required for this type of mortgage.
If you have an existing mortgage we can often save you money with one of our fantastic remortgage deals, simply call or request a call back to find out more.
Buy To Let Specialists
Buy to let mortgages differ from most types of mortgage in that you must have an existing mortgage or own a property outright. You’ll also need good credit and have a salary of at least £25.000. Don’t worry we’ll walk you through everything you need to know.
- Quick Appraisal To See if We Can Help
- Competitive Buy To let Mortgage Quotes
- Completely Impartial Service
- Honest, No Nonsense Advice