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Buy to Let Mortgage Advice in Grimsby

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We Search 1000’s of Buy to Let Deals
to Save you Money!

Whether you are a first-time landlord looking to purchase an investment property, or an experienced landlord, your local Mortgage Broker in Grimsby is here to help. We’re here to look at your remortgage deals or to expand your portfolio. Our in-house Buy to Let Mortgage Advisors in Grimsby are ready to help you obtain the best Buy to Let mortgage deal that is best for both your personal and financial circumstances.

 

Buying a property to let out can be quite stressful, which is why we have experienced and friendly Mortgage Advisors in Grimsby on hand to help you throughout the process.

 

How does it work?Get a quote nowMeet your advisor

We search 1000s of mortgage deals across a large number of lenders, including:

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Buy to Let Mortgages | Popular Situations

Having dealt with hundreds of Buy to Let mortgage situations, we would like to share with you the most common cases that we come across:

  • Are you looking to purchase your first Buy to Let investment property and would like to explore your mortgage options?
  • Are you an existing landlord looking to remortgage an existing property or purchase a new investment?
  • Remortgage deals for a better rate and/or to raise capital.
  • HMO mortgages – House in Multiple Occupation
  • Limited company buy to let mortgages also known as Specific Purpose Vehicles (SPVs)

 

Don’t worry if your situation isn’t listed above as we know that there are lots of different things that can pop up when you are a current or budding landlord. Buy to Let mortgages can get complicated if you haven’t been through the process before. That’s why you should speak with an expert Buy to Let Mortgage Advisor in Grimsby as they will sort out everything for you and hold your hand every step of the way!

Buy to Let Mortgage Advice in Grimsby

Why choose us as your Buy to Let Mortgage Advisor in Grimsby? Well, we have had over 11 years of experience with Buy to Let Mortgages and we want to share it with you. We always help landlords fly over Buy to Let mortgage hurdles in lots of different situations, let us help you get over yours! Here is a what a Buy to Let Mortgage Advisor in Grimsby at Grimsbymoneyman will do for you:

 

  • They’ll search through 1000’s of Buy to Let mortgage deals to find the perfect mortgage deal for you.
  • They will consider all of your remortgage/mortgage options.
  • They will provide you with our usual 5-star mortgage advice service
  • Every Advisor has full support from the full Grimsbymoneyman team, who you can contact from 8am -10pm, 7 days a week

 

The Financial Conduct Authority does not regulate most types of Buy to Let Mortgages.

 

As your Mortgage Advisor in Grimsby, we are here to help you.  Get in touch with us today and make a date for your free mortgage consultation.

What our customers say

Common mortgage
questions

The minimum deposit for a buy to let is usually 25% of the property value, however, this can vary between 20%-40%.

The free mortgage consultation will last approximately an hour. When your Mortgage Advisor in Grimsby has evaluated the situation, they will advise a mortgage for you with no obligation for you to begin the process. From this, you can decide if you want to proceed with us or not.

An agreement in principle usually lasts between 30 and 90 days but this can change depending on your lender. You can renew your agreement in principle if it expires.

Before you start viewing a property in Grimsby, we always suggest that you obtain an agreement in principle. If you want to be prepared ahead of time, you need to get one before making an offer.

The process of a trusted Mortgage Broker in Grimsby starts by conducting a fact find to support your needs before recommending a mortgage deal. When a Mortgage Advisor has evaluated your situation, they will carry out a credit check on you, this is needed for an agreement in principle. A formal mortgage offer can be provided when you have evidenced all of the relevant documentation and a valuation of the property has been completed.

You can get a second mortgage even if this is for debt consolidation or home improvements. You may have the choice to take out a second mortgage on a second property for your own use or a family member’s use, a holiday home or a Buy To Let.

Due to having previous credit problems, it may be harder, however it isn’t impossible. To show you can afford a mortgage, you will need to put down a higher deposit, probably 10% or 15% of the purchase price.

If you are self employed, you can still get a mortgage however you must provide at least one years’ accounts. To calculate the maximum mortgage, the majority of lenders would use your salary + dividend, whilst other lenders could base it of your net profit.

If you are an employee, you will need to provide three payslips to prove your income. If you are self employed, you will have to prove for the latest 2 years’ accounts. Along with this, you must produce proof of ID, address and 3 months’ bank statements.

You will need to provide three payslips if you are an employee to prove your income, though you will have to provide the latest 2 years’ accounts if you are self employed. As well as this, you must provide a proof of ID, address and 3 months’ bank statements.

The process of our free consultation can last up to an hour and when it comes to an Agreement in Principle, we can have this ready for you within 24 hours. A formal mortgage offer has been known to take about three weeks on average.

We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Grimsbymoneyman.com & Grimsbymoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2021 Grimsbymoneyman

Grimsbymoneyman, 13 Dudley Street Business Hive, Grimsby DN31 1UL

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