Buy To Let
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.
Rules and calculations on buy to let properties are frequently changing – contact us for a bespoke quote on your BTL property requirements
Your property may be repossessed if you do not keep up repayments on your mortgage
Our Simple 4 Step Process
We remain on hand throughout the buying process as negotiations often continue subject to legal work and surveys
Step 1
Call or Email Us
Call 0203 8589793 to discuss your circumstances or arrange a face to face meeting.
Step 2
Get a Free AIP
Get a Free Agreement in Principle.
Step 3
Make Your Best Offer
Make your best offer with the certainty that your budget is set and mortgage agreed.
Step 4
Offer Accepted!
Request a list of documents.
You supply them to us
and we do the rest.