The Buy-to-Let mortgage market has expanded beyond all recognition in the last 5 years. Gone are the days when the interest rate being charged on these types of product were 2 or 3% above what you would pay on your home mortgage. Now, your typical B-T-L mortgage is as competitive as your residential mortgage. Also, gone are the days when you have to find a 25% deposit. Most lenders now accept a 15% deposit, and some as little as 13, 11 or even 10%.

Nearly half of our business last year was done in this market place, and over the last 7 years, we have built up real expertise in this area. This includes building large portfolios for 20 individual clients that have developed into profitable second businesses and excellent retirement planning vehicles.

For those new to this type of mortgage, or those just embarking on building a portfolio, we at Brooks Associates can assist at every step of the way, including recommending a good managing agent (www.just4let.co.uk) to locate tenants, and look after your investment properties.

Arranging these mortgages could not be easier. The processing of these mortgages has been simplified, and as long as the estimated rental assessment provided by the surveyor is sufficient to support the mortgage, then little else is required to produce a mortgage offer.

Once again, all our up to date resources can be concentrated on selecting the best product to suit your requirements, and just like your residential mortgage, all of the different types of mortgage are available. i.e fixed, discounted, and tracker , and also both interest only and capital repayment options.

Your home maybe repossessed if you do not keep up repayments on your mortgage or any loan secured upon it.

Once again, if you require further information either phone our office, or fill in the contact us section on this site.