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Buy to Let

Buy to Let Mortgages lie at the heart of our business and our advisers are well acquainted with the products available in the market and the requirements of lenders in order to secure a Buy To Let Mortgages.

We are also familiar with the wide range of lending criteria in the buy to let arena and with a wide range of lenders at our disposal we are in the best position to source the right mortgage for your circumstances.

Apart from the purpose of the mortgage, the main difference with a buy to let mortgage is that each lender takes into account the rental income you receive from the property as the primary source of income. Typically lenders will want prospective rental income, verified by independent sources, to meet at least 125% of the monthly interest payment on the loan. They may also take into account the landlord's personal income.

Looking ahead, demand for the rental sector is likely to remain and potentially grow, but finding a competitive buy to let mortgage has become more complex.

Our advisers will help find a competitive deal for you to maximise profits, and help plan your portfolio by understanding your strategy both now and in the future.

In general, the Financial Conduct Authority do not regulate Buy to Let mortgages.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

Xact Mortgages Ltd is an Appointed Representative of First Complete Ltd which is authorised and regulated by the Financial Conduct Authority.

FEES

We will charge a broker fee of between £0 and £299, payable on completion. The amount we will charge is dependent on the amount of research and administration that is required.