Landlords: Portfolio Lending & Services.
We can help experienced landlords who are looking to grow a portfolio of properties, remortgage an existing buy to let or purchase a new property. We can access most lenders in the marketplace to ensure you receive a competitive deal and will also provide guidance on additional costs, such as landlord insurance and stamp duty etc.
Building a portfolio of properties can often be a natural progression for landlords who own one or two properties as it allows them to use the overall income from the portfolio to cover any major repairs or refurbishments on a property. Following the recent changes to buy to let mortgage underwriting, lenders now define portfolio landlords as those with four or more mortgaged buy-to-let properties and assess applications using a specialist underwriting process.
Arranging buy to let mortgages across a portfolio of properties can be complex. Usually, each property will require its own mortgage and lenders tend to apply stricter affordability and criteria restrictions on portfolios. This is why it is important that you seek advice from experienced Mortgage Advisers, who can search through the mortgage maze to secure you a competitive deal.
Your home may be repossessed if you do not keep up repayments on your mortgage
Some forms of Buy to Let Mortgages are not regulated by the Financial Conduct Authority