Buy to Let Mortgage
Property is considered one of the best long-term investments any one can make. Buying to let can provide you with a regular rental income as a landlord and a high value asset with great potential to grow. With a buy to let mortgage you can enjoy these advantages, and use your rental income to pay off the mortgage.
Although interest rates on a bad credit mortgage for buy to let customers may be slightly higher than standard mortgages, lenders allow a greater leeway on mortgage repayments on consideration of potential rental income. This means your current income may not be large enough to cover more mortgage repayments, but your potential rental income added will boost your ability to apply for a mortgage.
Property investment
A buy to let property can be a great alternative or addition to a pension. You can choose to continue to receive rental income as a form of pension income once you have paid the mortgage in full, or you can sell up and receive a large cash lump sum upon completion of the mortgage.
Bad Credit
Specialising in arranging mortgages for those with blemishes on their credit history, we can search the lender market to help poor credit sufferers find the home loan they need. Being whole market mortgage brokers we are not tied to any one lender, bank or building society - allowing us to compare the lender market and get the best deals for clients.