Buy To Let

You can trust us to provide expert advice and guidance throughout the house buying or remortgaging process

Buy To Let

Buy to let remains a popular choice of investment and increasingly as taxes have risen, Ltd company structures have become more popular.  Buy to let rates along with all rates have risen in recent years. The September 2017 rule changes from the Prudential
Regulation Authority have meant each lender has a separate stress test, meaning old simple rent calculations quickly
became defunct.   Bastille are experts in interpreting these rules and can positively use clients income to overcome the much harder stress tests. It is also still possible to arrange such loans, for the right client, where traditional employment is not always necessary.  Interest only loans remain most popular for such mortgages.

A strong business plan and robust calculations need to be in place before offers or remortgages are made. Talking to us well in advance is essential and ask us for a BTL taxation guide.

‘Most Buy-to-Let mortgages are not regulated by the Financial Conduct Authority’

Rules and calculations on buy to let properties are frequently changing –  contact us for a bespoke quote on your BTL property requirements

 

Bastille have over 20 years experience as mortgage brokers, and recognise no two circumstances are the same. Over 70 lenders have different rules, products and specialities, let us guide you to the most appropriate solution!

 

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

A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances (i.e. £1,000 on a £100,000 mortgage). A typical fee is £199 plus we will receive commission from the lender.