Buying Additional Property
Buying Additional Property
With staycations rising in popularity, the time may be right for you to invest in a holiday home and make the most of what the UK has to offer.
Alternatively, you may be looking for an investment to provide you with ongoing income or a retirement safety net. Many people choose to take on a buy to let mortgage, preferring a bricks and mortar asset to investment in the stock market.
Whether you’re looking for a mortgage on a holiday home, a holiday let or a buy to let property, our expert advisors can guide you through the process from an assessment of what you could borrow, the level of deposit you should be aiming for depending on what you want to do with a second property, as well as the kind of rates that are on offer.
As part of a wholly independent advisory business, One Four Nine Mortgages has access to the entire market, and we can help you select the right buy to let mortgage or holiday let/home mortgage from the thousands of options available for you.
Employing a letting agent to administer a buy to let property on your behalf leaves you free of day to day management while giving you access to the chance of a regular income. Buy to let, holiday let and holiday home properties can represent potentially valuable long-term assets, giving you greater peace of mind about your financial security.
While buy to let mortgage requirements vary by lender, they typically require a deposit equal to 25% of the purchase price or the valuation; whichever is lower. Our mortgage specialists can help you manage a second home mortgage in line with your overall tax planning and estate management priorities.
Read our Mortgage Brochure below or reach out directly to talk to us.
Your home may be repossessed if you do not keep up repayments on your mortgage.