Buy to Let Mortgages

Your home may be repossessed if you do not keep up repayments on your mortgage.

Some Buy to let mortgages are not regulated by the Financial Conduct Authority.

A buy to let mortgage is designed for borrowers who want to let their property out to a third party (i.e. tenants). These days, more and more people are investing in property as a long-term opportunity to make profitable returns and as a way of securing finance for their retirement.

This is a rapidly changing market place and requires great knowledge to avoid the many pitfalls. At PKS Associates, we are able to search the mortgage market, using the latest technology, for the most appropriate offering for you. Whether you are a first-time landlord or have a large portfolio of properties, we have the expertise to help you.

Buy to let mortgages are designed for property investors and private landlords who do not intend to live in the purchased property. Buying additional property for the purpose of letting it to earn rental income can be risky and complicated since there is no guarantee that house prices will rise nor that rental income will be uninterrupted. However, letting a second property to tenants could return respectable financial rewards over the longer term, but it's important to properly consider both the risks and rewards involved.

There are a number of companies in the market place, ranging from well-known high street names to specialist bespoke lenders. A number of these specialist lenders do not deal directly with the public and are only available to access if you go through an intermediary. It is probably fair to say that the world of buy to let lending is a little more complicated than it is for ordinary residential lending, so speaking to a qualified adviser first is always a sensible choice.