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It's Free to Speak to an Advisor, 7 days, 8am - 10pm
Being a landlord is no easy feat, but it can come with great rewards. If you are looking for Buy to Let mortgage advice in Shrewsbury, then you should speak to a qualified Mortgage Advisor in Shrewsbury.
Our mortgage team are dedicated to providing a professional service to all of our customers, whether they are first-time landlords or those with an extensive portfolio of properties.
The Birminghammoneyman team of mortgage advisors and administrators have a wealth of knowledge when it comes to Buy to Let Mortgages, ensuring they are always up-to-date with the latest legislation and market updates. This allows us to provide a transparent and honest service to our clients.
We have helped many investors obtain a suitable Buy to Let Mortgage in Shrewsbury that meets their individual needs and financial circumstances. By using a Mortgage Broker in Shrewsbury, our team of advisors can search through 1000’s of deals to find the most appropriate and favourable Buy to Let Mortgage for you.
If you are looking to purchase a buy to let property through a limited company (Special Purpose Vehicle), our team can discuss with you the various options available to you.
If you need advice on taxation benefits, then you should speak to a tax advisor as they will be able to provide you with the best advice in this area.
As well as standard residential Buy to Let Mortgages in Shrewsbury, our team also have experience assisting with HMOs (House of Multiple Occupancy) and holiday lets.
et started now by getting a quote and speaking with a mortgage advisor in Shrewsbury.
It is important to note that the Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.
When applying for a mortgage, it’s customary for lenders to require a deposit ranging from 20% to 40% of the property’s value. The specific percentage depends on factors like your property portfolio size, credit score, and other individual circumstances. Additionally, these variables influence the maximum mortgage amount you can borrow.
In the mortgage industry, certain buy-to-let landlords opt to purchase properties through a limited company, referred to as a special purpose vehicle (SPV).
Our skilled team of mortgage advisors in Shrewsbury excels in assisting customers using this method. They leverage their knowledge to expertly guide you through the mortgage process and address any concerns you may have.
Please note that while we can offer guidance on buy-to-let mortgages in Shrewsbury, we are regretfully unable to provide advice on taxation benefits. If you require assistance in this realm, we strongly advise seeking counsel from a dedicated tax advisor, as they can provide accurate advice from a qualified professional.
Additionally, beyond helping customers with standard residential buy-to-let purchases in Shrewsbury, we also cater to those interested in acquiring properties for HMO (House of Multiple Occupation) or Holiday Let purposes.
For some, the process of purchasing a property with the intention of renting it out can be daunting, particularly for new landlords. Others might find themselves overwhelmed while managing their existing property portfolios.
That’s why many landlords develop lasting partnerships with our expert mortgage advisors in Shrewsbury, often returning to remortgage those same properties, as we strive to find the best available deals to make their lives easier.
When applying for a buy to let mortgage, the maximum amount a landlord can borrow depends on the property’s projected rental income. Additionally, mortgage lenders typically ask for evidence of income from a primary job or self-employment to ensure you can afford the monthly payments, even during periods of property vacancy.
Our Customers Love Us
4.99 Rating74 Reviews
Philip
Dan and Jonathan were very helpful and explained everything in detail. We were able to then make an informed decision on our lifetime mortgage.
2 weeks ago
Philip
Dan and Jonathen explained everything in a clear and concise manner and were quick to address any concerns. All in all it has been a straightforward experience.
3 weeks ago
Anonymous
Great brokers, very helpful and efficient.
4 months ago
Charlotte
Fantastic! So quick and efficient and answered all of my questions! Jason and Jo were great, i couldn’t recommend them more! As first time buyers it was an overwhelming process but they made each step so easy! We would certainly recommend!
4 months ago
Rasna
Dinah and Stacey, both have been amazing dealing with my mortgage. I can’t recommend them enough, Dinah has been helpful and has gone above and beyond to get the support/advice I need. I’ve had to change my property and both Dinah and Stacey...
6 months ago
James
Jason and his colleagues at UK Moneyman have been amazing from the start. When we began the process of house buying and finding a mortgage we knew very little, but Jason explained much to us in a telephone consultation and outlined all our options....
10 months ago
Samantha
Very impressed, service was really good and efficient and anything g that needed explaining was done very clear. Would definitely recommend
10 months ago
Shelline
Leo Shakespeare and Stacey Jopling has work long side each other to made this entire journey extremely smooth and informative as a first time buyer. His service has been phenomenal. I had been rejected from many other brokers and banks and he...
1 year ago
Nafesa
I have been dealing with Wendy and Malcolm in regards to my house purchase and I could not recommend these enough. A true credit to the company. Very efficient with communication and solving any issues that needed to be addressed. Would highly...
1 year ago
Anonymous
Incredibly helpful, supported throughout whole process
1 year ago
Nazeef
Fantastic experience. Charlie helped me race through to secure the best mortgage offer, best plan for life and critical illness insurance. Very approachable and responsive even with any queries I had after everything was completed.
1 year ago
Tyler
Had great help from both Joe and Chris and Chloe who were all friendly and always happy to help
1 year ago
Rosie
Made everything very easy, we are first time buyers and they couldn't have been more helpful or informative. They didn't make us feel like we were stupid for not know anything about buying a house and talked us through the entire process. They even...
1 year ago
Sophie
Tom and Meghan were brilliant throughout the entire process! Both were friendly and knowledgeable and explained everything to us clearly and answered our countless questions and gave us clarification where we needed it. Both were easy to contact and...
1 year ago
Esme
Super helpful, made the whole process really easy and explained everything as we went along. Pretty good at keeping in contact, keeping us up to date and explaining the choices we had and then giving us the time to discuss and make those decisions.
1 year ago
Sheikh
I must say I am very pleased with the service I recieved from Moneyman, they set up regular calls and kept us updated throughout the checking progress. Fairly priced fees and very knowledgeable! I would highly recommend their services
2 years ago
Abdassami
Second time with this broker and it's been an amazing experience. Would definitely recommend. Anna and Matt were brilliant.
2 years ago
Nicholas
We couldn't be happier with the service provided. Matt has been professional, helpful and extremely supportive throughout our process. We will certainly be recommending you to friends. Communication was 5* and Matt was available at any point...
2 years ago
Asia
Great team - very good communication and very nice, helpful team that made it possible for me! Thank you for the great service.
2 years ago
Andrew
To say we have had a nightmare of a process of trying to buy a house would be an understatement, however Wayne and team were the bright light that helped us get through it. Can't thank them enough for their help.
2 years ago
When contemplating a rental property investment, it's vital to have a clear understanding of your investment objectives and the ideal mortgage type for your needs. Engaging a mortgage broker can be advantageous as they assess your financial situation and prevailing market conditions, helping you set realistic investment goals. Additionally, they can educate you about interest-only and repayment mortgages, assisting you in selecting the most fitting option for your investment strategy.
Your buy-to-let mortgage advisor will guide you in understanding the nuances between interest-only and repayment mortgages, aiding you in selecting the most suitable option for your investment approach.
Upon acceptance of your property purchase offer, the buy-to-let mortgage advisor will compile all essential paperwork, including income verification and identification, to submit a complete mortgage application to the lender.
Securing your buy-to-let mortgage and completing the purchase of your rental property is only the first step. Ensure your investment remains protected with relevant insurance coverage, expertly sourced by your buy-to-let mortgage advisor.
For those looking for Buy to Let Mortgage Advice in Shrewsbury, look no further than Birminghammoneyman. Our team of experienced Mortgage Brokers have over 20 years of experience in the industry, and are here to provide help and support throughout the entire process.
Your dedicated Mortgage Advisor in Shrewsbury will be by your side from the start of your process, right through until the end of your buy to let mortgage transaction. We will ensure that you end up with a favourable and appropriate mortgage deal for your personal situation.
Our hardworking team of Mortgage Advisors in Shrewsbury have an in-depth knowledge of the Buy to Let mortgage market and criteria, and have had many experiences working with landlords in the area. We always make sure that we are up to date with the latest buy to let legislation and lending criteria, so that we can offer our customers nothing but open and honest Mortgage Advice in Shrewsbury.
Take a look at our genuine customer reviews and see why landlords choose us when looking to take out a Buy to Let mortgage. If you’re looking for expert assistance with a Buy to Let in Shrewsbury, please get in touch with our experienced Mortgage Advice team. Our team of experienced Mortgage Brokers are here to provide help and support throughout the entire process.
We are available seven days a week, and anytime we’re needed, to ensure that you have the best chance of finding the most suitable mortgage for your situation. Buy to Let mortgages can be tricky, and we will do what we can to help you over any hurdles that arise during your journey.
Experienced landlords who have a large portfolio of Buy to Let properties may be looking to invest in further opportunities. There is an option to Remortgage one of those properties to free up equity to cover a deposit on another Buy to Let in Shrewsbury.
Not all lenders will accept an applicant. However, that doesn’t mean it’s impossible, as some lenders do accept these.
Suppose you are looking to expand your buy to let portfolio through a Limited Company or Special Purpose Vehicle (SPV). As this is a specialist area, it is important to speak to a specialist Mortgage Broker in Shrewsbury to make sure this is the right option for you.
HMO mortgages (House of multiple occupation mortgages) are an option to take out on properties occupied usually by five or more people. These mortgages are popular with landlords who own student accommodation.
These Buy to Let products can sometimes be tricky to obtain as not all lenders will offer HMO deals. That’s why it’s worth speaking to a Specialist Mortgage Broker in Shrewsbury if you are considering applying for an HMO mortgage for your Buy to Let property.
We understand the various Buy to Let mortgage scenarios. For example, you may be a First Time Buyer looking to invest in Buy to Let, or you may have a complicated mortgage situation that requires help from a Specialist mortgage advice in Shrewsbury.
Perhaps you need some generic Buy to let Mortgage Advice. Contact us to receive a free mortgage consultation to speak to one of our expert Mortgage Brokers in Shrewsbury, and let us see how we can help you.
Read our 74 Reviews
Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Birminghammoneyman.com & Birminghammoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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