65% Buy To Let Remortgages
65% Buy To Let Remortgages - 65% buy to let remortgages are mortgages with a loan to value ratio of 65%, on a buy to let basis, which replaces an existing mortgage on a property with one from a different provider. In many instances, 65% buy to let remortgages are taken out by landlord investors looking to reinvest their equity from current property holdings to broaden their property portfolios. A loan to value ratio of 65%, as is the case for 65% buy to let remortgages, requires the applicant to make a deposit of 35% to take out the remortgage. This allows for landlord investors to have more peace of mind regarding their investment when compared with mortgages with higher ratios as the higher the deposit the less reliance there is on rental payments to pay mortgage premiums. In many cases, a bigger deposit results in a lower premium rate than those with higher loan to value ratios, which can be more cost-effective in some situations.
As with any buy to let remortgages, the range of options available on the market differs from day to day. That’s why it is of prime importance, when deciding whether 65% buy to let remortgages are right for you, to have cutting-edge up to date market information. The expert advisers at Capital Fortune have the connections and time-honoured relationships in the City of London to help you make informed decisions about your investment future.
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The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.