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Buy to Let /Let to Buy Mortgages

I can offer mortgage advice and the same level of service if you are looking at becoming a landlord for the first time, you are buying your next investment purchase or you are a portfolio landlord. It is also important to review your mortgages when your deals end to make sure you always have the most competitive rate for you.

Buy to Let mortgage lending tends to be based on the achievable rental income of your property, rather than your personal income, but some lenders do have a minimum income criteria.

A let to Buy mortgage is one that will enable you to rent out your current home to purchase a new residential property. You may also be able to release equity for your new deposit. Please just get in touch if you would like to talk this through.

Homebird Mortgage Services does not provide personal tax advice. Therefore, you should seek advice from a suitably qualified accountant or solicitor about the following taxes:

Stamp Duty Land Tax (SDLT)

An extra 3% on top of normal SDLT is usually payable when buying a new residential property if this means you’ll own more than one.

 Capital Gains Tax

There could be a liability to capital gains tax on disposal of a buy-to-let property.

Income Tax

It is your responsibility to declare to HMRC, any income from buy-to-let property, as this is subject to income tax. For some people the income received could result in a higher tax rate becoming payable.

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

My fee for advice, research, recommendation and arranging your mortgage is £247.00, payable on application.