First Time Buy to Let Landlords
Pinpoint Finance can help first-time landlords looking to purchase a Buy to Let property for the first time. Applying for a Buy to Let mortgage is not as straightforward as a standard residential mortgage. Lenders need to ensure that the investment property will provide a stable rental income, that the location will be attractive to potential tenants and you have other income to cover possible voids.
Most lenders don’t look favourable at first time landlords, this this is due to greater risk and the lack of experience you may have in the property sector. But with our experience we can provide you with guidance on lenders criteria, on the products available and support you through the whole process, helping you every step of the way.
There are also other factors that can reduce the number of lenders suitable for you, for example, you do not have an existing mortgage on a residential property. That’s why it is important that you choose the right Buy to Let mortgage specialist and seek advice from an experienced and skilled property finance specialist.
Pinpoint Finance can not only help buy your first Buy to Let property but help you find a solicitor, a letting agent or an accountant for your first property venture.
Call us today on 01904 866 100 to speak to an experienced adviser or complete our online contact form to arrange a free no obligation consultation.