Mortgage Advisors
In Colchester, Essex

Buy to Let is a mortgage agreement set in place for those who are looking to invest in the property market. This will assist in generating a second income. It can also be a good way to make a profit on the property value Our Mortgage Advisors Colchester team will guide you every step of the way.

What is the difference between a residential mortgage and a Buy to Let Mortgage?
  • The interest rates on a Buy to Let mortgage are slightly higher than residential mortgages
  • The minimum deposit on a Buy to Let property is currently 25% of the property’s overall value
  • Buy to Let can be affected on an interest-only basis although Full Repayment options are also available
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Mortgage Advisors Colchester

Who can get a Buy to Let Mortgage in Colchester, Essex?

You will be able to apply for a Buy to Let mortgage in Colchester, Essex.
  • To achieve the market-leading products, it would be ideal to have a good credit score. Although we can still help if you have had any historical issues
  • You’re looking to invest in a new property
  • No minimum income requirement
  • You also do not need to be an owner of a property to be approved for a Buy To Let Mortgage

A Buy to Let Mortgage is for individuals who are interested in becoming a landlord and investing their money in property. A Buy to Let mortgage allows you to buy a property and even effect it on an Interest Only Mortgage. Repayment on a Buy To Let Mortgage is also readily available. We will make the application process easy for you and if you are interested on investing in the property market. Contact us now for our Fee Free Independent Mortgage Advisors Colchester.

How much can you borrow on a Buy To Let Mortgage in Colchester, Essex?

This will completely vary between each application. Each lender has their own individual calculator that will determine how much they will lend you. These calculators take into consideration your income, your tax status, property value, property type, and ultimately, how much rent is achievable.

Mortgage lenders will stress test the rental income from the property. This stress test will determine what they will lend.

Mortgage Advisors

How many properties can you purchase through the Buy To Let Scheme?

Many mortgage lenders in Colchester will allow multiple mortgages with them. We can research the entire Mortgage market place and always provide you with the best options.

If you’re thinking of buying or remortgaging or a Buy to Let, please contact us now for Fee Free Independent legal Advice.

Facts About Colchester

History of Colchester

There is evidence of hasty re-organization of Colchester’s defenses around 268–82 AD, followed later, during the fourth century, by the blocking of the Balkerne Gate. John Morris an English historian who specialized in the study of the institutions of the Roman Empire and the history of Sub-Roman Britain suggested in his book “The Age of Arthur” that as the descendants of Romanised Britons looked back to a golden age of peace and prosperity under Rome.

General Information

Situated on the River Colne, Colchester is 50 miles northeast of London and is connected to the capital by the A12 road and its railway station which is on the Great Eastern Main Line. It is seen as a popular town for commuters and is less than 30 miles from London Stansted Airport and 20 miles from the passenger ferry port of Harwich.