Considering investing in the property market? Explore Free Initial Buy to Let Mortgage Advice at Milestone Financial Ltd. With interest rates on savings at historic lows, many individuals are turning to the Buy-To-Let mortgage market to maximise their capital. A well-chosen investment could yield a gross return of 5-10% annually – a significant leap beyond what traditional bank accounts offer.

However, ensuring the success of a Buy to Let venture hinges greatly on selecting the right mortgage advice. Like any property investment, entering into the realm of letting carries inherent risks. At Milestone Financial Ltd, we’re committed to providing comprehensive insight into the financial commitment involved and identifying potential risks.

It’s crucial to understand that a Buy to Let mortgage differs from a Residential mortgage, with lenders often enforcing distinct lending criteria, which we’ll meticulously discuss during the planning consultation.

• A larger deposit, typically around 25%, will be required.
• Rental income must sufficiently cover mortgage interest payments and additional costs, typically necessitating a monthly rental amount of at least 125-145% of the mortgage payment.
• Fees associated with a Buy to Let mortgage can surpass those of a Residential mortgage.

Before embarking on property viewings, entrust Milestone Financial Ltd with guiding you through the process during a Free Buy to Let Mortgage Planning Consultation.

Eliminate the need to scour through numerous banks and building societies independently – we’ll handle this for you, encompassing all major UK lenders alongside local institutions. With our expert knowledge, rest assured you’ll receive independent mortgage advice tailored precisely to your needs, notwithstanding each lender’s unique lending criteria.

Confronting the credit report hurdle is a crucial first step in borrowing of any kind, whether it’s for a mortgage, credit card, or personal loan. We’ll conduct a thorough review, ensuring you’re well-prepared for the application process.

Securing a mortgage ‘Agreement in Principle’ offers you the assurance that your desired mortgage is within reach.

Following the Planning Consultation, equipped with clarity on borrowing capacity, anticipated costs, and required documentation, you’ll be ready to pursue your new investment property with confidence!