Friday, May 22nd, 2015
Buy to let mortgages are a specialist type of mortgage and as such a high percentage of landlords prefer to use a specialised broker to assist them with their choice of product and to ensure that they get set up correctly.
A professional buy to let mortgage broker will not only source the most competitive mortgage from the market to meet an individual’s needs and requirements, they will also handle all the paperwork and liaise with any interested third parties such as lenders, estate agents and solicitors.
When it comes to buy to let mortgages, some specialist brokers have a distinct advantage as there are a number of lenders who will only offer buy to let mortgages through such specialists and consequently it is often their clients who end up being offered the best deals!
It doesn’t matter whether you are a professional landlord with a large portfolio of buy to Let properties, a relatively new landlord with just a few buy to let properties or whether you are just considering your investment options, a specialised broker such as Caboodle Finance will undertake research across a comprehensive panel of lenders to track down the most suitable mortgage for your individual circumstances.
Buy to let mortgages, be they in Birmingham or indeed anywhere else for that matter are only available on investment properties which are to be rented out and are not designed for properties that the investor intends to live in themselves. Mortgage lenders will consequently always scrutinise all applications very carefully to make sure the correct type of mortgage is being taken out for its intended purpose and this is something that a specialised mortgage broker will be able to provide advice and guidance on to ensure that applications progress smoothly.
In short, if you do need to purchase or indeed remortgage an investment property in the Birmingham area or its wider surrounds, you should consult a specialist in buy to let mortgages but always ensure that they go on to undertake periodic reviews of client portfolios.
By way of example, when a client’s buy to let mortgage approaches its review date, Caboodle Finance will take the time to carefully reassess their client’s needs and priorities in order to ensure that any on-going goals are taken into account as part of that renewal process so that the landlord gets access to the very best possible deals that are, in all the circumstances, available to them.
So, whether you want to undertake a comprehensive portfolio review or are just thinking of taking a first step into the world of property investment, click HERE to contact Caboodle Finance, Birmingham by email or alternatively just them call on 0121 308 9114 today and they will do their best to help you.
Caboodle Financial Services Ltd
240B Lichfield Road
Sutton Coldfield B74 2UD
Telephone: 0121 308 9114