BUY TO LET MORTGAGES

 Ebor Mortgages

  BUY TO LET MORTGAGE ADVICE IN YORK

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Buy To Let Mortgages | Independent Mortgage Brokers In York

A Buy to Let mortgage is a type of mortgage secured against a property that is rented out. Ebor Mortgages provide independent Buy to Let Mortgage advice.

The majority of Buy to Let mortgages are arranged on an Interest Only basis with the rent that is generated covering the monthly payments. The outstanding balance is then paid back at the end of the term – either by selling the property or by using another suitable repayment vehicle.

Unlike a residential mortgage, the amount you can borrow is calculated based on the rent the property is likely to generate, rather than the amount of income you earn. Typically speaking, you will need to be able to provide a deposit of at least 25% of the purchase price or value of the property in order to secure a Buy to Let mortgage.


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Why seek Independent Advice?

Whether you’re thinking about purchasing your first Buy to Let, or whether you already have a portfolio of existing properties, we can help you find the best mortgage for your circumstances.

For most people, a Buy to Let property is a long-term investment so ensuring you secure the best possible mortgage terms can be the difference between it being a good one or a bad one.

*Not all forms of mortgage are regulated by the Financial Conduct Authority



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