Has the high street failed to meet your mortgage needs? You don’t want restrictive lender criteria holding you back when an opportunity arises. Whether you’re a client seeking financial advice or a broker searching for tailored solutions, a specialist Common Sense Buy-to-Let (BTL) company like Connect Mortgages could be your answer.
Tailored Solutions for Complex Borrowing Needs
Since 1998, Connect Mortgages has been helping clients and professional partners secure the funding they need. We work with lenders who take a common-sense approach, offering tailored solutions for Common Sense Buy-to-Let investments. Our partnerships cater to individuals, landlords, property developers, and buy-to-let companies with both short and long-term funding needs.
Whether you’re investing in unusual properties, have multiple income sources, or face credit challenges, Connect Mortgages can help. High street lenders often turn away these cases, but we specialise in finding solutions where others say no. With Connect Mortgages, you gain access to funding designed for your unique circumstances, ensuring your property investment goals are achievable.
Our common sense approach to buy-to-let
Investing in buy-to-let properties can be rewarding if approached with care and sound judgment. Here are key considerations:
Research and Location:
Carry out detailed research to identify areas with high rental demand and growth potential. Evaluate transport links, local amenities, employment opportunities, and planned developments.
Financial Planning:
Set a realistic budget, accounting for property purchases, mortgage payments, insurance, maintenance, and potential void periods. Ensure rental income covers costs and generates a profit.
Mortgage and Financing:
Seek advice when selecting a buy-to-let mortgage. Compare lenders’ rates, terms, and fees to secure a competitive deal. Larger deposits often result in lower interest rates.
Rental Market Assessment:
Understand the local rental market and identify your target tenants—Analyse rental prices to set a competitive rate. Consider property type, size, condition, and competition from other landlords.
Property Management:
Decide whether to self-manage or hire a letting agent. Managing it yourself can save money but requires time and effort. Letting agents can handle tenant sourcing, maintenance, and legal obligations for a fee.
Legal Obligations:
Understand the legal requirements of being a landlord. These include obtaining licences, meeting safety standards, protecting tenants’ deposits, and following tenancy and eviction procedures.
Maintenance and Repairs:
Budget for ongoing maintenance and promptly address tenant-reported issues. Maintaining the property ensures tenant satisfaction and protects your investment.
Tenancy Screening:
Conduct tenant checks, including credit checks, employment verification, and references. This helps ensure tenants are reliable and financially stable.
Tax Implications:
Familiarise yourself with tax rules for landlords. These include income tax on rental earnings, stamp duty, and capital gains tax on property sales.
Long-Term Strategy:
Define your long-term goals, such as capital growth, rental income, or both. Review your strategy regularly and adjust to market conditions and personal circumstances.
By following these principles, you can make informed decisions and improve the chances of success in the UK buy-to-let market.
Connect and common sense.
Connect Mortgages is proud to introduce “Common Sense Buy To Let,” a groundbreaking mortgage lending option. This solution moves beyond the limitations of traditional high street lenders. Our new partner recognises that mortgages are not a one-size-fits-all product. They provide a level of flexibility rarely found elsewhere.
Whether you are a first-time buyer, an experienced property investor, or looking to refinance, “Common Sense Buy To Let” offers tailored options. Our team of mortgage specialists is here to support you at every step.
Contact us today to learn how “Common Sense Buy To Let” can help you achieve your financial goals and aspirations for homeownership. Discover a personalised and accessible mortgage experience 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 are encountering challenges in the world of Common Sense Buy To Let and require flexible lending options, we understand. Our team has helped many clients in similar situations and is committed to supporting you through your financial journey.
We specialise in providing tailored solutions for Common Sense Buy To Let to suit your unique needs. Whether you need flexible lending terms, customised repayment options, or assistance in selecting the right financial product, we are here to help.
Contact our expert advisers today to begin your Common Sense Buy To Let journey. You can call us on 01708 676111 or visit our website to complete an enquiry form. We respect your time and will respond quickly to address your needs.
Don’t let financial hurdles in Common Sense Buy To Let hold you back. Take the first step today by contacting us for expert guidance. We are here to help you achieve your goals in Common Sense Buy To Let.
Thank you for reading our publication “Common sense buy to let | When The High Street Says NO!” Stay “Connect“-ed for more updates soon!
