Buy to Let in Birmingham | Buy to Let Mortgage Advice Birmingham

Buy-to-Let in Birmingham

Get Your Free Appointment 7 Days a Week

Reviews io White Logo

Read our 63 Reviews

Reviews IO Stars

Buy to Let Mortgage Birmingham

The life of being a landlord is no easy task but can come with great rewards. You may be in a position to receive Buy to Let Mortgage Advice in Birmingham, requiring you to speak to an expert Mortgage Advisor in Birmingham who can help you with this.

 

Our mortgage team will always give the same professional level of service to everyone who gets in touch, from first time landlords to those with an extensive portfolio of properties.

 

Birminghammoneyman team of mortgage advisors and administrators have a wealth of knowledge regarding Buy to Let Mortgages, ensuring they are up-to-date with all the latest legislation and market updates. This allows us to provide an open & honest service to our customers.

 

We have helped many investors obtain a suitable Buy to Let in Birmingham for their situation. One of the benefits of using a Mortgage Broker in Birmingham is that our teams of advisors can search through 1000’s of deals to find you the most appropriate and favourable Buy to Let Mortgage for you and both your personal and financial circumstances.

 

If you would instead purchase your buy to let property through a limited company (Special Purpose Vehicle), our team will be able to discuss with you what options to take as they have had experience dealing with many different areas of the Buy to Let mortgage market.

 

If you are looking to discuss and compare taxation benefits, you will need to talk to a tax advisor, not us, as they will provide you with advice on this topic.

 

As well as standard residential Buy to Let Mortgages in Birmingham, our team also have in-depth knowledge and experience assisting with HMOs (House of Multiple Occupancy) and holiday lets, should you require it.

How does it work?Get a quote nowMeet your advisor

The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.

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

Mortgage Lenders 001
Mortgage Lenders 002
Mortgage Lender 003
Mortgage Lender 004
Mortgage Lender 005
Mortgage Lender 006

Popular Buy to Let Mortgage Scenarios in Birmingham

Remortgage a Buy to Let in Birmingham

Existing landlords with an extensive Buy to Let properties portfolio might be looking to invest in further opportunities. There is an option to Remortgage one of those properties to release equity to cover a deposit on another Buy to Let in Birmingham.

Limited Company Mortgages / Special Purpose Vehicles (SPVs)

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 grow your buy to let portfolio through a Limited Company or Special Purpose Vehicle (SPV). As this is a specialist topic, you will need to speak to a specialist Mortgage Advisor in Birmingham to ensure this is the right option for you.

HMO Mortgages in Birmingham

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 amongst landlords who own student accommodation.

 

These Buy to Let products can sometimes be challenging to obtain as not all lenders will offer HMO deals. That’s why it’s worth speaking to a Specialist Mortgage Advisor in Birmingham if you think of applying for an HMO mortgage for your Buy to Let property.

Buy to Let in Birmingham

We are aware of the many different 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 Advisor in Birmingham. Maybe you need some generic Buy to let Mortgage Advice. Feel to get in touch to receive a free mortgage consultation to speak to one of our expert Mortgage Advisors in Birmingham, and let us see how we can help you.

Buy to Let Mortgage Advice in Birmingham

Utilising over 20 years of experience working in the industry as an experienced Buy to Let Mortgage Broker in Birmingham, we always aim to ensure our customers receive help and support throughout the entire process.

 

We will be available seven days a week, and anytime we’re needed and at a time that best suits you. Buy to Let mortgages are never always as simple and easy as you’d like. We will do what we can to help you over any hurdles that arise during your journey.

 

Our hardworking team of Mortgage Advisors in Birmingham, here at Birminghammoneyman, have an in-depth knowledge of the Buy to Let mortgage market and criteria.

 

We have had many experiences working with a Buy to Let in Birmingham, creating good relationships with landlords and helping them find the most suitable mortgage that matches their situation.

 

We always make sure that we are up to date with the latest buy to let legislation and lending criteria, as this allows us to offer our customers nothing but open and honest Mortgage Advice in Birmingham.

 

Your dedicated Mortgage Advisor in Birmingham will be by your side from the start of your process, right through until the end of your buy to let mortgage transaction.

 

Please take a look at our genuine customer reviews and see the reasons 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 Birmingham, please get in touch with our experienced Mortgage Advice team.

 

As we said, with over 20 years of experience in the world of mortgages, we will do what we can to ensure you end up with a favourable and appropriate mortgage deal for your personal situation.

Reviews Stars4.98 Rating63 Reviews

Common mortgage
questions

The minimum deposit for a Buy to Let mortgage is usually 25% of the property value. However, this can vary between 20%-40%. One of our Mortgage Advisors in Birmingham will be more than happy to try and answer your Buy to Let mortgage deposit questions.

Your free mortgage consultation in Birmingham will last approximately one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to go ahead.

As your Mortgage Broker in Birmingham, we carry out a Fact Find to establish your needs prior to recommending the most suitable mortgage for you. A credit check is then required for an Agreement in Principle and then once you have provided all the relevant documentation and a valuation of the property has been carried out a formal mortgage offer can be issued

Our Mortgage Advisors in Birmingham recommend that you try and get your Agreement in Principle before you take up the decision of starting to view properties in Birmingham, to avoid disappointment. At the very latest you should obtain one prior to making an offer to assist your bargaining position with the seller.

An Agreement in Principle typically lasts for between 30 and 90 days depending on the lender. If your Agreement in Principle expires it can always be refreshed. If you need help obtaining one, our Mortgage Advisors in Birmingham can usually get one sorted for you within 24 hours of your application.

It can be possible to get a second mortgage on your home in Birmingham for debt consolidation or home improvements. It may also be possible to take out a mortgage on a second property if it is for your own use, the use of a family member, a holiday home or a Buy to Let.

If you have had credit problems you may still be able to get a mortgage but you will likely need to put down a higher deposit than usual, perhaps 15% of the purchase price.

You can get a mortgage in Birmingham once you have submitted at least one year’s accounts. Most lenders use your salary + dividend to calculate the maximum mortgage whereas others go off your net profit.

To prove income it’s usually three payslips for an employee and the latest 2 years’ accounts for Self Employed. In addition, you will need to produce proof of ID, address and 3 months’ bank statements.

Our free consultation in Birmingham typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours and a formal mortgage offer takes about three weeks on average. Before you know it, you will be moving into your new property in Birmingham!

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

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

The information contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.
Should you have cause to complain and you are not satisfied with our response to your complaint, you may be able to refer it
to the Financial Ombudsman Service, which can be contacted as follows

The Financial Ombudsman Service, Exchange Tower, London, E14 9SR
www.financial-ombudsman.org.uk

© 2022 Birminghammoneyman

Birminghammoneyman - Office 1, Izabella House, 24-26 Regent Place, City Centre, Birmingham, B1 3NJ

Moneyman Logo







Moneyman Logo




Moneyman Logo

Ask Your Question





    Moneyman Logo

    Moneyman Logo







    Moneyman Logo

    Book your Free Consultation

    7 Days 8am - 10pm

    Moneyman Logo

    Moneyman Logo