Finding a good mortgage deal is the key to making a good return. Buy to let mortgages generally require a larger deposit than regular loans. You will need to demonstrate to the lender that the rent received will cover the interest payments on the mortgage, with extra to spare. There are lots of buy to let mortgage deals around, so we would recommend that you take advice to ensure you get a mortgage product to suit your circumstances.
Buy To Let mortgages are more complex than standard home loans, and you will need to fully understand your responsibilities, the risks and any costs associated with this type of property investment. CC&A can assist you in sourcing and applying for a mortgage product suitable for your requirements.
Your property may be repossessed if you do not keep up repayments on your mortgage.
Not all buy to let mortgages are regulated by the Financial Conduct Authority.
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