Buy to Let mortgages in UK for property investment
What are the most important factors when you are looking at getting a Buy to Let mortgage?
First of all, the lender will look at the following factors:
you, the borrower
the property
the occupants – who will live there
Then a fourth factor will play a major role in the success of your property investment – the type of mortgage product you need for your project.
Let’s go through these in details and discuss the most essential aspects to keep in mind, such as if the property is even mortgageable, or having all the paperwork ready to ensure a smooth process. This will start with documents proving your financial status and will end with the property being suitable for the purpose you are borrowing money for.
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