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Buy to Let Mortgage Advice in Newcastle

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We Search 1000’s of Buy to Let Deals
to Save you Money!

Whether you are looking to purchase your first investment property or are a portfolio landlord, our experienced Mortgage Advisors in Newcastle have a wealth of knowledge when it comes to Buy to Let mortgages. Keeping up to date with all the latest legislation and market updates is our job! We can help with both purchases and remortgages, searching 1000s of deals to find the best Buy to Let mortgage for you.

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We search 1000s of mortgage deals across a large number of lenders, including:

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Buy to Let Mortgages – Popular Situations

 

No matter what type of buy to let mortgage you are looking for, we will find the perfect one to suit your circumstances.

 

  • Standard Buy to Let Remortgages
  • Capital Raising mortgages
  • Limited Company Mortgages, also known as Specific Purpose Vehicles (SPVs)
  • HMO Mortgages i.e. a House in Multiple Occupancy
  • Buy to Let Mortgages for Retired Landlords, Professional & Portfolio Landlords
  • Buy to Let Mortgages for new landlords

 

It makes no difference whether you have one property or a portfolio – we will do what we can to try and find the most appropriate buy to let mortgage in Newcastle for you.

Buy to Let Mortgages Newcastle

As your Buy to Let Mortgage Broker in Newcastle, we will help and support you through the full process and be here seven days a week, anytime you need us. We know that Buy to Let mortgages are not always straight forward and easy, we will help you over any hurdles that you face.

 

The team at Newcastlemoneyman.com know the buy to let mortgage market inside out.  When it comes to being experienced in the provision of advice regarding buy to let mortgages, we regularly work with landlords to find the best mortgage to suit their situation.

 

We will always keep up to date with the latest buy to let legislation and lending criteria, ensuring we are offering our clients up to date open and honest mortgage advice.

 

At the same time, we will be by your side from beginning to end of your buy to let mortgage transaction. It is our mission to make the process as easy and straightforward as possible, from the time that you get in touch with us through to the day of completion.

 

Check out our feedback at Reviews.co.uk and see why so many people choose us when looking for a buy to let mortgage.

 

As your mortgage advisor in Newcastle, we are here to help you.  Get in touch with us today and make a date for your free mortgage consultation.

What our customers say

Common mortgage
questions

Though it can vary between 20%-40%, the minimum deposit for a buy to let mortgage is usually 25% of the property value. Newcastlemoneyman, your Buy to Let Mortgage Advisor in Newcastle is here to help with any further questions you that have.

Your free mortgage consultation in Newcastle will last around one hour. We will then recommend a mortgage for you with no obligation for you to proceed and you can decide whether or not you wish to proceed with the mortgage.

As your Mortgage broker in Newcastle, we carry out a Fact Find to establish your personal needs before we recommend the most suitable mortgage for you. A credit check is then required for an Agreement in Principle. Once you have provided all the relevant documentation and a valuation of the property has been undertaken, a formal mortgage offer can be issued.

To avoid possible disappointment, we recommend you obtain an Agreement in Principle before you begin viewing properties in Newcastle. At the very latest you should obtain one prior to making an offer to assist your bargaining position.

An Agreement in Principle typically lasts for between 30 and 90 days depending on the lender used. If your Agreement in Principle expires it can always be refreshed.

It may be possible to get a second mortgage on your home in Newcastle for things like debt consolidation or home improvements. It may also be possible to take out a mortgage on a second property if you’re wanting to use it for yourself, a family member, a holiday home or a Buy to Let. If you need to talk to a Specialist Mortgage Advisor in Newcastle, we are more than happy to have a chat about your second mortgage options.

If you have had credit problems you can still get a mortgage but you may possibly be required to put down a higher deposit than usual, perhaps 15% of the property purchase price. If you are struggling to get a mortgage because of past credit problems, get in touch with your Mortgage Broker in Newcastle and we will see if we can try and help!

Once you have submitted at least one year’s accounts, you will be able to get your mortgage journey in Newcastle started. Most lenders use your salary plus dividend to calculate the maximum mortgage, whereas others are known to go off your net profit.

It’s usually three payslips for an employee to prove income and the latest 2 years’ accounts for Self Employed applicants. You will also need to produce proof of ID, address and 3 months’ bank statements before you can get accepted for your mortgage in Newcastle.

Our free consultation typically lasts up to an hour or so. We can turn round an agreement in principle within 24 hours. A formal mortgage offer takes about three weeks on average. Before you know it you will have your mortgage secured in Newcastle.

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We make it so easy!
Our 4 step process

Step 1

A telephone call where we can take some initial details and find out about your plan of action.

Step 2

Enjoy finding a property!

Step 3

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Step 4

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

A telephone call where we can take some initial details and find out about your plan of action.

Enjoy finding a property!

Make an offer on the property you set your heart on – we’ll finalise your figures and help you to get a good deal.

Our mortgage recommendation. We’ll try to find you the best mortgage deal. We’ll be there to support you, right through to you getting your keys.

Handy quick links

Newcastlemoneyman.com & Newcastlemoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited registered in England, registered number 6789312 and registered office 10 Consort Court, Hull, HU9 1PU.

© 2020 Newcastlemoneyman

Newcastlemoneyman – Clavering House, 1 Clavering Place, Newcastle Upon Tyne, NE1 3NG.

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