Buy to Let
Whether you are a newbie to Buy to Lets (BTL) or a seasoned investor, one of the most important things when it comes to managing your property or portfolio of properties is to understand how BTL mortgages work. BTL mortgage providers have different requirements when assessing your application. These include the deposit you have available, the rental income that you are likely to achieve and some stipulate a minimum personal earned income requirement.
There are a number of specialist BTL lenders who will not deal with the general public direct that PJM have access to. I will look at the products available based on your needs, goals and ensure that you fit lender criteria.
For mortgage advice we usually charge a fee of £399 for researching and selecting a mortgage that best suits your needs. This fee is payable when the mortgage application is submitted to the lender. We will also receive commission from the lender. The initial consultation is free. Other fees may be applied by third parties in the house buying process.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.