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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:

Mortgage Lenders 007

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

Though it can vary between 20%-40%, the minimum deposit for a buy to let mortgage is usually 25% of the property value.

Your free mortgage consultation with a Mortgage Advisor in Grimsby will last approximately an hour. Once they have evaluated your situation, they will recommend a mortgage for you with no obligation for you to proceed. Based on the deal, you can decide whether or not you want to continue the process with us or not.

As a trusted Mortgage Broker in Grimsby, we carry out a fact find to verify your needs before recommending you with a mortgage deal. After a Mortgage Advisor in Grimsby has evaluated your situation, they will perform a credit check on you, this is required for an agreement in principle. Then after you have provided all of the relevant documentation and a valuation of the property has been carried out, a formal mortgage offer can be issued.

We always advise that you obtain an agreement in principle before you start viewing properties in Grimsby, to avoid disappointment. If you want to get yourselves a head start, you should get one prior to making an offer.

Typically, an agreement in principle lasts for between 30 and 90 days, however, this can change depending on your lender. If your agreement in principle expires, you can renew it quite easily.

Yes, you can get a second mortgage. Whether this is for debt consolidation or home improvements, this is possible. It is also possible to take out a second mortgage on a second property but only if it is own use, the use of a family member, a holiday home or a Buy to Let.

It will be harder but yes you can. You will have to show that you can afford a mortgage by putting down a higher deposit, perhaps 10% or 15% of the purchase price.

Yes, however, you must submit at least one years’ accounts. Most lenders use your salary + dividend to calculate the maximum mortgage, whereas 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.

Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average.

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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.

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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.

© 2020 Grimsbymoneyman

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

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