Buy To Let  Mortgage Advice 

Buy To Let Mortgage Advice 

Buying property to rent it out to a third party can be a solid investment. That is the main reason people start a property portfolio, particularly when interest rates are so low and you would otherwise get little return on any savings. There are risks attached, of course, just like with any investment, but taking sound advice and gathering all the facts and figures will help you decide if it’s the right path for you and your money. 
 
If you are considering buying a property with the sole purpose of renting it out, you will need a specific Buy-to-Let (BTL) mortgage. The process of securing a BTL mortgage is similar to that of a standard mortgage, where the lender will require a survey and consider your ability to make the repayments. But they will also take into account how much rent you are likely to receive. 
 
Rules and regulations surrounding Buy-to-Let are constantly changing. There are fewer tax benefits now than in previous years for landlords and you need to consider this. Reeds Financial can guide you through the current BTL market and with access to whole of market BTL mortgages, we can find the right deal for you. We would recommend speaking to us before you start looking at potential properties, just to make sure you have all the relevant information. 

Services we  can also help with 

Services we can also help with 

We’re not the kind of broker who only helps you up until you’ve accepted your mortgage offer. Our long-standing partnerships with our clients and other businesses mean we can deliver the highest quality of service right up to the day you move in. 

Concierge 

We can help you move into your property, set up utilities, register for Council Tax and more with our Concierge Service – available through Please Connect Me. 

Protection 

We can organise bespoke life assurances for you by selecting from our superb panel of providers. We charge no arrangement fees for this service. 

Insurance 

First time buyer? Or just wanting to change insurance providers? We can find you 5* defatqo rated buildings and contents insurance tailored to suit your needs. 

Property Surveys 

With our National partners GoTo Group we don't just stop at mortgages, we can also help you arrange a property survey to know it's true condition. 

Legals 

We can refer you to a solicitor who’ll manage the conveyancing part of the process. We choose from a carefully selected panel of conveyancers and solicitors. 

Wills & Trusts 

Our National partners Paradigm Wills can provide a cost effective solution to any type of situation no matter how complex it is when it comes to Will and Estate Planning and more. 

Buy to Let Mortgage FAQs 

Buy to Let Mortgage FAQs 

 
A mortgage is a loan from a bank or building society for a set period of years. You borrow the amount you need to buy the property, less your deposit, and agree to repay it over a set term, usually 25 years. At the end of the agreed term, the property will be yours. 
 
The same costs apply when you purchase a Buy-to-Let property, in terms of fees, searches and surveys. Stamp duty is 3% higher across all thresholds, unless you are a first-time buyer (please note stamp duty rates have been cut until 31 March 2021. See xxx for more info). Landlords also have to pay income tax on any rental income (less various allowed costs) and will probably have to pay capital gains tax on the eventual sale of the property. So there is a lot to consider before deciding if BTL is the right investment for you. 
 
There are several reasons why people become landlords. Investing in bricks and mortar can bring very good returns, especially long term. Some people have property portfolios with several properties and become professional landlords. Some generous parents buy with a view to providing their children with somewhere to live and to start them on the property ladder. Rental holiday homes can also be Buy-to-Let. It is vital to be aware of the risks involved in any kind of property investment, and be sure to seek professional advice before undertaking any such financial commitment. 

Don't just take our word for it 

Don't just take our word for it 

Here are a few ways we have changed our customers’ lives. 

Get the lowest rates with Reeds Financial 

Trusted Brokers 

Whole of Market 

Qualified Team 

Get the lowest rates with Reeds Financial 

Trusted Brokers 
Whole of Market 
Qualified Team 
Let us source rates from the high street, across the internet or from specialist lenders who only work with brokers! 

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. 

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