For full terms and conditions, click here.
Entries close 31 March 2021.
Having an additional property can be an invaluable source of income. Buy to Let properties are chosen by many for investments, retirement nest eggs, or simply to supplement an income and provide a better lifestyle. It’s important to make sure that you have the right buy to let mortgage in order to that your rental properties can meet your requirements and income needs.
Buy to Let purchases and remortgages
Whether maintaining your current property portfolio or looking to purchase a new Buy To Let property, FOCUS can help you find the right mortgage to suit your needs. From your first buy to let property to building a portfolio, we’re here to help you.
Let to Buy mortgages
Keeping your current property as a buy to let, in order to fund an onward purchase is how many first-time landlords enter the rental market. Whether this be an existing property or inherited property, FOCUS can guide you through all aspects of your Let to buy property and any onward purchase.
Property portfolio advice
FOCUS has access to market leading mortgage lenders catering for large portfolio landlords. Whether you are looking to review a specific property’s finances and yield, or looking to consolidate your portfolio to a more commercially managed single deal, we can help. Our mortgage advisers offer help and advice to enable you to operate an efficient and well-managed property portfolio that meets your financial expectations.
Special Purpose Vehicles (SPVs)
Following the recent changes in the taxation on multiple Buy to Let properties and landlord’s finances, the use of Special Purpose Vehicles in the buy to let market has been on the rise. If you are exploring the use of an SPV or looking to refinance your SPV property portfolio, FOCUS can help guide you to the most appropriate mortgage deals to suit your needs. SPVs will require specialist tax advice and we are able to recommend an appropriate adviser in this respect if required.
FOCUS has access to a wide range of products and mortgage lenders including those only available to mortgage intermediaries.
This gives us the flexibility to find a bespoke solution to suit your circumstances and specific requirements. Whether you are taking your first steps into the property management world or adding to your existing buy to let portfolio, our team can provide you with the mortgage and insurance advice to make your property investment successful.
If you have a rental property and would like help with your mortgage arrangements, do not hesitate to contact us.
A mortgage is a loan secured against your property.
Your property may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
You may have to pay an early repayment charge to your existing lender if you remortgage.
A buy to let purchase is a long term investment which you hope will generate rental income along the way and a profit when you sell the property.
But bear in mind that if you need access to some cash, a property can take time to sell or re-mortgage. If house prices fall, you might not be able to sell for as much as you had hoped. You would have to make up the difference if the property sold for less than you owe – a risk that increases, the higher the percentage you borrow. If you sell for a profit, you may have to pay capital gains tax. Don’t forget that with a variable rate mortgage, your costs will rise if interest rates go up. This would eat into, or even wipe out, your income and profit.
The Financial Conduct Authority does not regulate most forms of buy to let mortgage.