If you are in the market for enquiring about expert buy to let mortgage advice in Newcastle we truly believe that speaking to our expert team of mortgage advisors in Newcastle will be of benefit to you.
Whether you are new to the world of buy to let landlord investments or if you already have an expansive property portfolio, you can rest assured that you will always receive the same high standard level of service that our mortgage advisors in Newcastle strive to provide.
With our strong reputation as an experienced mortgage broker in Newcastle, we have helped a wide range of property investors in obtaining their buy to let mortgages.
Our team of trusted mortgage advisors in Newcastle will analyse 1000s of different products to identify the best mortgage deal for your new venture in investment purchases and the buy to let mortgage market.
If you would like your purchase of a buy to let property via your limited company (known as a Special Purpose Vehicle, or SPV for short), our hard working mortgage broker in Newcastle is equipped to discuss your mortgage options. We have a wealth of experience in the buy to let mortgage market.
For a discussion on the potential taxation benefits, we recommend seeking the guidance of an experienced tax advisor who is qualified to provide specialist advice on the topic.
In addition to typical residential buy to let mortgages in Newcastle, our team is knowledgeable and able to provide guidance on HMOs (House of Multiple Occupancy) and holiday lets should you require advice on those topics.
For a mortgage, most lenders usually require a deposit of 20-40% of the property value, which can vary depending on your circumstances, such as your property portfolio size, credit score, and other factors. These variables also affect how much you can borrow for a mortgage.
Our mortgage advisors in Newcastle will carry out a free buy to let affordability assessment during your mortgage appointment. During which, we will also look at how much deposit you need to put down and your maximum borrowing capacity.
If you’re a first time buyer in Newcastle looking for a buy to let mortgage, finding a lender willing to work with you may depend on your individual circumstances. Lenders may see being a first time buyer as a risk factor and prefer to offer buy to let mortgages to existing homeowners who have demonstrated reliability in making monthly mortgage payments.
The maximum amount a landlord can borrow for a buy to let mortgage in Newcastle is based on the expected rental income of the property. Mortgage lenders will also require proof of income from a main job or self-employment to ensure that you can cover monthly payments for the buy to let mortgage, even during periods without tenants.
When applying for a buy to let mortgage in Newcastle, you must provide your lender with specific documentation, such as proof of income (bank statements or SA302 tax returns if self-employed), proof of deposit, identification and address, most recent or current P60, and proof of rental income.
We provide expert buy to let mortgage advice in Newcastle and can help you find suitable options based on your circumstances. As a buy to let mortgage broker in Newcastle, we have helped many landlords, both new and existing, navigate the process and overcome any obstacles they may encounter during their mortgage journey.
Our Customers Love Us
5.00 Rating16 Reviews
Professional service that was friendly and problem free - could not be faulted and is highly recommended for later life financial services.
6 months ago
Matt has been amazing. He not only found me the cheapest mortgage but also made sure that the offer is secured quickly. He remained in close contact advising me at every step of the process. He also helped me in negotiations with the vendor’s...
11 months ago
Helped us to find a reasonable deal but also requested a better one when the lender reduced their rates
1 year ago
Fantastic service and had our mortgage approved within a week of our first call! Chris and Jo were a pleasure to deal with and available to chat at a moment's notice, even at weekends. The process was incredibly smooth and any recommended parties...
1 year ago
Matt gave us really good advise, which helped to give us the confidence to proceed with purchasing our first home. Once we had an offer in we were quickly shown the best mortgages to apply for, life insurance/critical illness insurance, and we were...
2 years ago
Brilliant service as always. Thank you guys 🙏 🏡
2 years ago
Both Jason and Chole were very helpful in helping me and my partner secure a mortgage despite having trouble getting one in the past.
2 years ago
Great response and very friendly service. Very helpful.
2 years ago
My experience with this company has been great and I highly recommend them. From the initial stages through to getting the offer, everyone I spoke with was informative, professional and friendly. Tom and Jonathan really helped with the initial...
2 years ago
I have spoke to Arron today, I have received excellent customer service. He listened me carefully and answered all my questions promptly!! Good adviser.
2 years ago
Amazing! UK moneyman were there every step of the way. Making sure I understood everything and taking the stress out of buying your first house. They were very responsive to emails, calls and gave excellent customer service. 10/10 could not fault...
2 years ago
All staff, very efficient,communication excellent and found us a great deal on our mortgage as my credit rating wasn’t great.Thankyou very much Leo and Newcastle moneyman.
4 years ago
Being self employed it was hard to get a mortgage!but thanks to Newcastle money man I’ve got one !!!thanks again would definitely recommend them!👍
4 years ago
Professional service from start to finish. Very helpful with all of the questions I was throwing at them also. Would recommend 100% and we feel we for the prefect product mortgage for us. Thank you guys!
4 years ago
Great advice from start to finish. I had only dealt with a Broker via Estate Agents before so it was a little different to do everything over the phone but much better really because I was able to speak to someone late into the evening after I had...
4 years ago
we just used this mortgage brokers for a mortgage on our new house. right from the initial phone call, the service received was very swift and carried out by professional yet very caring people. they made sure that every detail was done to the...
4 years ago
When considering investing in a rental property, it’s important to have a clear idea of what your investment goals are and what type of mortgage will best suit your needs. A buy to let mortgage advisor in Newcastle can help you determine what investment goals are realistic based on your financial situation and market conditions.
We can also explain the differences between interest-only and repayment mortgages and help you decide which type of mortgage will best fit your investment strategy.
Once you have determined your investment goals and decided on a mortgage type, the buy to let mortgage advisor will search through thousands of mortgage deals to find the most suitable product for your needs. They will take into account factors such as interest rates, fees, and terms and conditions.
Once we’ve found you a suitable mortgage, we will provide you with a mortgage agreement in principle, which is a document that shows that you have been pre-approved for a certain amount of money. This document can be used to support your property purchase offers.
If your property purchase offer is accepted, the buy to let mortgage advisor will submit your full mortgage application to the lender. This application will include all of the required documents, such as proof of income and identification.
The lender will then assess your projected rental income to make sure that you can afford all of the monthly payments and any additional costs, such as maintenance and repairs. They may also require a valuation of the property to ensure that it is worth the amount you are borrowing.
After you have obtained your buy to let mortgage and purchased your rental property, it’s important to maintain relevant insurance coverage to protect your investment.
This may include landlord insurance, which can cover you against things like loss of rent and property damage. Your buy to let mortgage advisor can help you find the most appropriate insurance coverage for your needs.
If you want to know what investment goals are realistic, it’s a good idea to consult a buy to let mortgage advisor in Newcastle.
During your free appointment, our advisors can help you decide whether it’s better to opt for an interest-only buy to let mortgage or a repayment mortgage.
You can take a look at some of our genuine customer reviews to get an idea of why so many landlords choose us for their buy to let mortgage needs.
At Newcastlemoneyman, we have a team of highly experienced mortgage advisors in Newcastle who specialise in the buy to let mortgage market.
With our in-depth knowledge, we strive to provide our customers with the best potential deals that meet their specific requirements.
We have worked with a wide range of mortgage cases and have established long-term relationships with landlords who continue to rely on us for their mortgage needs.
We are committed to staying up to date with the latest buy to let legislation and lending criteria to provide our customers with current, transparent, and honest mortgage advice in Newcastle.
Your assigned mortgage advisor will be dedicated to you and your case, guiding you through every step of the process until your buy to let mortgage transaction is completed.
Our ultimate goal is to make the mortgage process as stress-free as possible for our customers, ensuring that they understand every aspect of the process without the burden of jargon.
We welcome you to contact us for expert buy to let mortgage advice in Newcastle, whether it’s your first mortgage or expanding your portfolio.
As an experienced buy to let mortgage broker in Newcastle, our top priority is to provide our customers with comprehensive support and guidance throughout their entire mortgage journey.
Our team of dedicated mortgage advisors in Newcastle is available seven days a week, at a time that suits your schedule.
We understand that the buy to let mortgage market can be complex, which is why we work tirelessly to ensure that we overcome any hurdles that may arise during the process.
We Search 1000s of Buy to Let Mortgages in Newcastle
Throughout our years as a dedicated mortgage broker in Newcastle, we have encountered a wide range of mortgage scenarios and circumstances.
For established landlords who have already built a portfolio of properties in buy to let mortgages in Newcastle, there may be opportunities to further invest their time and resources.
In such cases, they may choose to remortgage a property from their portfolio to release equity. This is typically done as a means of funding a deposit for another portfolio purchase.
Not all mortgage lenders are willing to accept applicants who apply for a mortgage through a limited company or special purpose vehicle.
That said, there are still some mortgage lenders who are willing to work with such cases.
For existing landlords looking to expand their buy-to-let portfolio through a limited company or SPV, it is considered a specialist topic.
Therefore, we recommend booking an appointment with a specialist mortgage advisor in Newcastle to explore the available options.
HMO, or House of Multiple Occupation, is a property typically occupied by five or more people, such as student housing or house shares.
Finding a mortgage for such a buy to let in Newcastle can be challenging as not every mortgage lender offers deals on HMOs.
If you are considering a mortgage for a buy to let in Newcastle as an HMO, we highly recommend having a conversation with a specialist mortgage advisor in Newcastle in advance.
We understand that homeowners may experience various buy-to-let mortgage scenarios.
You may be a first time buyer in Newcastle planning to invest in a buy to let in Newcastle, or a seasoned investor with complex mortgage needs.
Whatever your situation, we are here to provide expert assistance from our buy to let specialists.
Book a free mortgage appointment online today to get a second opinion or further assistance on anything related to a buy to let mortgage in Newcastle.