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Buy to Let
If you are looking to buy a property as an investment, Nealon Jones will endeavour to find the most suitable product for you from the market place.
Buy to let allows you to finance the purchase of a property solely to be let.
Buy to let offers you an opportunity to invest money with the potential of a good return for your future.
The affordability of a buy to let mortgage is normally calculated using a rental assessment, whereby the estimated monthly rental yield is expected to cover the mortgage payments by a percentage, usually 100% - 130% of the notional monthly interest payment.
We also have access to lenders who do not use the above calculation but base their lending on affordability; this is especially useful where the rental yield is low.
All of the above should be viewed as a guide to the Buy to Let market as the complexity of each case will warrant individual assessment.
Buy To Let Mortgages are not regulated by the Financial Services Authority.