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Buy To Let Mortgages From The Loughborough
- Buy to Let mortgages are variable rate mortgages
- Borrow up to 75% of the purchase price or valuation (whichever is lower)
Click here for details of our current Buy to Let Mortgages
All our Buy to Let mortgages come with the following features and benefits.
- Required rental income - Our Buy to Let mortgages are based on 130% of rental income, which means the monthly rent needs to be 30% more than your monthly interest payments.
- No income checks - For our Buy to Let mortgages we base how much we can lend on the expected rental value of the property. That means we don’t need to consider income multiples and income checks.
- Portfolio of properties - We can provide mortgages for up to four properties in your portfolio subject to our terms and conditions.
- Repayment and interest only - All of our mortgages are available on a repayment or interest only basis.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
How to apply
We like to make your life easier, call into one of our branches and talk to one of our friendly and professional staff. Alternatively, you can call us on 01509 631950 or request a callback at a time convenient to you.
It will help to have handy
- ID and proof of residency in UK
- Details of income for all applicants
- Particulars of property being mortgaged
