Common sense buy to let
Has the high street let you down regarding getting the right mortgage? When an opportunity’s too good to miss, you don’t want to be held back by lenders whose criteria don’t allow for what you need. Having said that, whether you’re a client looking for a financial broker or you’re a broker wanting to find the best products and services for your client, a specialist Common Sense Buy to Let (BTL) company like Connect Mortgages could be the answer.
Connect Mortgages has been helping individuals and professional partners find the funding they need since 1998. We partner with lenders that use a common-sense approach to lending, making it a perfect fit for those seeking a Common Sense Buy To Let solution. They provide long and short-term borrowing to individuals, property developers, landlords, and buy-to-let companies, helping those with non-standard circumstances find the funding they need for their Common Sense Buy To Let investments.
From buyers looking to invest in out-of-the-ordinary properties to people with multiple income streams and borrowers with credit history is a little delicate, Connect Mortgages can work with one or various complications and find a way to hear a more favourable answer as opposed to where high street lenders tend to say, not for us. Connect Mortgages specializes in Common Sense Buy To Let solutions, ensuring you get the funding you need for your property investment endeavours.
Our common sense approach to buy to let
Investing in buy-to-let properties can be lucrative if approached with common sense buy to let and careful consideration. Here are some key points to keep in mind when engaging in buy-to-let investments: 
- Research and Location: Conduct thorough research to identify areas with strong rental demand and potential for capital appreciation. Consider factors such as transport links, amenities, employment opportunities, and future development plans.
- Financial Planning: Set a realistic budget and consider all costs involved, including property purchase, mortgage repayments, insurance, maintenance, and potential void periods. Ensure that the rental income generated is sufficient to cover expenses and provide a profit.
- Mortgage and Financing: Seek professional advice when choosing a suitable buy-to-let mortgage. Compare different lenders’ rates, terms, and fees to secure the best deal. Keep in mind that higher deposits may lead to lower interest rates.
- Rental Market Assessment: Understand the local rental market and target tenants. Analyse rental prices in the area to determine an appropriate rate for your property. Consider factors such as property type, size, condition, and competition from other landlords.
- Property Management: Decide whether to manage the property yourself or hire a reputable letting agent. Managing it yourself can save money, but it requires time and effort. Alternatively, a letting agent can handle tenant sourcing, property maintenance, and legal obligations on your behalf for a fee.
- Legal Obligations: Familiarise yourself with the legal requirements of being a landlord. This includes obtaining appropriate licenses, meeting safety regulations, protecting tenants’ deposits, and complying with tenancy agreements and eviction procedures.
- Maintenance and Repairs: Budget for ongoing maintenance and repairs to keep the property in good condition. Promptly address any issues reported by tenants to maintain a positive landlord-tenant relationship.
- Tenancy Screening: Conduct thorough tenant referencing checks to ensure reliable and responsible tenants. This can include credit checks, employment verification, previous landlord references, and affordability assessments.
- Tax Implications: Understand the tax implications of buy-to-let investments. Familiarise yourself with landlord-specific tax regulations, including income tax on rental earnings, stamp duty, and capital gains tax when selling the property.
- Long-Term Strategy: Consider your long-term investment goals. Determine whether you aim for capital appreciation, regular rental income, or a combination of both. Review your investment strategy periodically and adapt it to market conditions and changes in your financial circumstances.
By following these common-sense buy to let guidelines, you can navigate the buy-to-let market more effectively and increase your chances of success as a landlord. Remember to seek professional advice and stay informed about relevant market trends and regulations to make informed decisions throughout your buy-to-let journey.
Connect and common sense.
Connect Mortgages is excited to introduce a revolutionary mortgage lending option, known as “Common Sense Buy To Let,” that breaks free from the constraints of traditional high street lenders. Our new partner understands that one size does not fit all in mortgages, and they offer a level of flexibility that is hard to find elsewhere. Whether you’re a first-time homebuyer, a seasoned property investor interested in “Common Sense Buy To Let,” or someone looking to refinance, our dedicated team of mortgage specialists is ready to guide you through the process.
Contact us today to explore how this innovative lending solution, focusing on “Common Sense Buy To Let,” can be tailored to meet your unique financial goals and homeownership dreams. Your path to a more personalised and accessible mortgage experience, with a special emphasis on “Common Sense Buy To Let,” starts here with Connect Mortgages.
More Flexibility for Landlords
- Individuals
- Limited Company SPV’s
- Ex patriates
- Foreign nationals
- No min income for UK residents
- Minimum age 21
- Satisfied defaults considered
- Credit searched, not credit scored
- No max age on the specialist range
- The lower of 20 loans or £5m of lending
- No PG is required below 50% LTV
- Green LTV boost
More Flexibility on Properties
- Single unit, standard houses, flats & HMOs
- Multi-unit freehold blocks
- Holiday lets inc Airbnb
- Ex-local authority properties
- Deck access & studio flats
- High rise & new build flats
- Flats above/adjacent to commercial
- Student lets up to 12 units
- Studio flats <30sqm
- Developments with <50% private ownership
- Single units in Northern Ireland
More Flexible Lending
- Purchase & remortgage
- Day 1 remortgages
- Loans from £25,001 to £1 million
- Terms from 2 years to 40 years
- Capital raising for any legal purpose
- Refinance of bridging & development finance
- Max 5% builder incentive on new builds
- Leasehold: Minimum term remaining of 35yrs at the end of the term
Here to help!
If you’ve found yourself facing obstacles in the world of Common Sense Buy To Let and needing flexible lending options, we understand the challenges you may be facing. Our team has successfully assisted numerous clients in similar Common Sense Buy To Let situations, and we are dedicated to helping you overcome your financial hurdles.
We pride ourse
lves on providing tailored Common Sense Buy To Let solutions to meet your specific needs. Whether you require flexible Common Sense Buy To Let lending terms, customized repayment options, or assistance with finding the right financial product for your Common Sense Buy To Let goals, we are here to guide you through the process.
To start your Common Sense Buy To Let journey, we encourage you to contact our experienced advisers, who are ready to offer their expertise in Common Sense Buy To Let. You can contact us directly at 01708 676111 or visit our website and complete the enquiry form. We value your time and will respond promptly to provide your required Common Sense Buy To Let assistance.
Don’t let financial challenges in the realm of Common Sense Buy To Let hold you back. Take the first step towards changing your fortunes in Common Sense Buy To Let by contacting us today. We look forward to helping you navigate your financial journey and achieve your Common Sense Buy To Let goals.
