We can offer you Buy-to-Let Mortgages in order to help your Investment purposed property purchases in the UK. In this type of product, we accept the pledge on the property to be purchased as the security and expect the monthly rental income to be over the monthly loan instalment.
With a dedicated team working hard for you to get the best offer, once the initial assessment has been done, a valuation process on the property is conducted by Certified Surveyors. Once having the valuation report, we can get back to you usually within 15 working days with a conditional first offer.
We can provide a loan amount of up to 75% of the valuation figure, with the maximum loan period of 15 years. Our interest rates will be determined in line with the affordability of the loan as well as your credibility and internal credit scoring and refer the Bank of England as the variable.
If you accept the conditional offer, the related documents are sent to the Solicitors to complete the Legal Charge and the rest of the process.
Please note that, we cannot accept the pledge on the residential purposed properties as the security.
Rates are subject to the assessment process regarding your criteria