Mortgage Advisors
In Wivenhoe, 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 Wivenhoe 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 Wivenhoe

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

You will be able to apply for a Buy to Let mortgage in Wivenhoe, 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 affect 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 in investing in the property market. Contact us now for our Free Independent Mortgage Advisors Wivenhoe.

How much can you borrow on a Buy To Let Mortgage in Wivenhoe, 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 Wivenhoe 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 Free Independent legal Advice.

Facts About Wivenhoe

History of Wivenhoe

Wivenhoe developed as a port and until the late 19th century was effectively a port for Colchester, as large ships were unable to navigate any further up the River Colne, which widens here into its estuary. Wivenhoe had two prosperous shipyards. It became an important port for trade for Colchester and developed shipbuilding, commerce and fishing industries. The period of greatest prosperity for the town came with the arrival of the railway in 1863.

General Information

Wivenhoe is a town and civil parish in north eastern Essex, England, approximately 3 miles south-east of Colchester. Historically Wivenhoe village, on the banks of the River Colne, and Wivenhoe Cross, on the higher ground to the north, were two separate settlements but with considerable development, in the 19th century, the two have merged. At the 2011 census, the town had a population of 7,637, compared with 7,221 in 2001.