Buy To Let

Is this your first buy to let mortgage?

Are you adding to your buy to let portfolio?

More and more people are turning to buying property as either an alternative to pension planning or as an addition to it. As modern work patterns change, people are becoming more mobile and the demand for short term lets have increased over the years.

Many lenders have seen the need to adapt to this growing market and now offer specific buy to let mortgage packages for their clients. These include:

• Fixed rates
• Discount rates
• Tracker rates

Maximise Your Investment Potential

As a property investor you know that getting the most from your buy to let mortgage is important. LPR Mortgage Services, Rugby can help you maximise your investment potential with a number of fee-assisted buy to let remortgage products. These are now available for almost any purpose. For example, you could raise a deposit for another property or raise capital for home improvements. We may even be able to help you reduce your monthly buy to let mortgage repayments by switching to a mortgage rate lower than your current one.

It's never been easier to remortgage your buy to lets

LPR Mortgage Services can take the cost and hassle out of remortgaging. We can help you to remortgage and save money on legal and valuation fees.

We Can Help With Your Fees

LPR Mortgage Services work with lenders who operate a choice of fee assisted programmes. You can choose the option that suits you.

1. Standard legal fees paid option
   
   Things may not always go according to plan so if, whilst buying, your mortgage does not complete and you have chosen the lender's nominated solicitor, there would be no standard legal costs to pay. All remortgages are of course different, so contact LPR Mortgage Services on 01788 521544 to see how we can save you money.
   
   
2. £250 contribution option
   
   Should you wish to use your own solicitor, the lender will pay £250 on completion of your mortgage as a contribution toward the legal costs. If for any reason the mortgage does not complete, no contribution will be forthcoming
   
   
3. Standard mortgage valuation paid by the lender
   
   When remortgaging your buy to let property, it will be necessary to value the property. LPR Mortgage services can help save you money by working alongside a lender who will instruct the valuer themselves and pay the fee, so that you don't have to.

To see how easy it can be to remortgage your buy to lets contact LPR Mortgage Services on info@lprmortgages.co.uk

Clients can supplement their own income by the rental income gained from their buy to let property. Buying property is an excellent long-term investment, so there is potential for capital growth.

LPR Mortgage Services have the professional contacts within the buy to let market to offer comprehensive advice to the first time landlord or the experienced landlord holding a portfolio of properties.

What Are The Costs?

Costs tend to be a little higher than within the residential market. Mortgage rates for example tend to be higher, although there are some extremely competitive schemes out there. If you wish to obtain a buy to let illustration please call LPR Mortgage Services, Rugby, Warwickshire on: 01788 521544.