Buy to Let 5 Year Fixed Rate Mortgage for Investment Property

Area
London
Capital Raised
£300K

The Scenario:

The client's current buy to let mortgage deal was coming to the end of its promotional rate and they were looking to have certainty over the payments of their rental property, as it was a long term investment plan to retain the property until retirement age.

Their concern was that rate increases were looming and any large rate increases could see the long term viability of the property eroded if they were to take a shorter term. They did not want to sacrifice their long term goal for a short term gain.

With changes in the buy to let market around rental amounts needed to support a buy to let mortgage, lenders have started reducing the amount of borrowing available on existing rental coverages.

Our Solution:

After an extensive review of the options available, we were able to secure a 5 year fixed rate at a market leading rate of sub 2.3%.

We were able to secure the funding needed when rental stressed calculations were failing due to the client not looking to raise any further funding and looking for a pound for pound remortgage.

The clients get the long term security needed and can now concentrate on reducing their borrowing by budgeting over the next 5 years, to get them to their goal of a mortgage free property upon retirement.

Jack Spillane

Finance Broker

Bristol

0117 959 5094

Is your situation similar to this? I specialise in helping clients who need creative development finance solutions, and second-charge mortgages. Give me a call any time and we can set up a detailed discussion of the finance you need.

Mathew Phillips

Finance Broker

Bristol

0117 959 5094

Are you in a similar situation? I specialise in bridging finance at Clifton Private Finance - I will find you the best funding solution for your property transaction.

Alex Chambers

Senior Finance Broker

Bristol

0117 403 4324

Are you in a similar situation? I am a specialist in residential and investment property finance for UK and international clients at Clifton Private Finance. Please don't hesitate to get in touch for a no-cost discussion of the finance you need.

Luther Yeates

Senior Finance Broker

Bristol

0117 244 5561

Are you looking for a similar type of property finance? I have extensive experience finding residential and investment property finance for UK and international clients. Please get in touch and we can arrange a time that's convenient for you to discuss your situation.

Sam ONeill

Senior Finance Broker

Bristol

0117 959 5094

Is your situation similar? I am a bridging finance specialist at Clifton. I can find a quick, cost-effective solution for the funding you're looking for.

Robert Gibb

Senior Finance Broker

Bristol

0117 959 5094

Are you looking for mortgage or short-term finance for residential or buy-to-let property (including HMOs)? I have extensive experience in finding property finance solutions for UK and international clients, both as individuals and limited companies. Please give me a call and let me see what I can do for you.

Adam Arnott

Associate Director

Bristol

0117 205 0214

Is your situation similar to this? I have extensive experience of advising clients who need creative property finance solutions. Please get in touch and we can arrange a time that suits you for a detailed discussion of your requirements.

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