Buy to let is a specialist mortgage designed to allow people to invest directly into property. The mortgage is structured to let the investor buy a property and let it out in order to try and earn extra income as well as benefiting from a possible capital increase.
The criteria of Buy to Let applications are very similar to that of residential mortgages, however there are two major differences: the need for a larger deposit (typically 15-20%) and the assessment of potential rent achievable from the property.
As Buy to Let is a specialist field it is paramount that you speak with an advisor to discuss your circumstances & requirements to ensure your goals are achievable.
There is no obligation to buy but please only use this facility if you are serious about seeking a mortgage or remortgage as you will be contacted by a qualified financial advisor.
Lets Glasgow
280 St Vincent Street
Glasgow
G2 5RL
Tel: 0971 4221 0001