Buy to Let

Both you and the property will be assessed for lending purposes but the cost of maintaining the mortgage falls on the expected rental income. Lenders would normally require rental income to exceed the mortgage payment by 125%, and calculated against a higher (notional) interest rate than the mortgage rate you will normally actually pay.

Unlike mortgages for you main residence, typically Buy to Let mortgages operate on an Interest Only basis, with the repayment of the loan coming on sale of the property in due course. You still have the option of a Repayment mortgage too.

Goddard Perry Consulting Ltd
Mortgage Services

Corinthian House
17 Lansdowne Road
Croydon
CR0 2BX

Tel: 07702 786817

Email: enquiries@mortgagewinner.co.uk

Goddard Perry Consulting Limited (GPC), registered in England no. 1635689
Corinthian House, 17 Lansdowne Road, Croydon, Surrey, CR0 2BX
Authorised and regulated by the Financial Conduct Authority (125376)
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