BUY TO LET MORTGAGES
Working with you to achieve your goals
There are many factors to take into account when financing a rental property, whether you're an experienced Landlord or new to the Buy-to-Let market.
You might be aiming to generate an income, achieve growth or both. At MHC, we'll work with you to try and put a plan in place for you to help reach your goals.
The Financial Conduct Authority does not regulate some forms of buy to let mortgages.
WHAT DOCUMENTS WILL YOU NEED?
Lenders need some documentation from us to help demonstrate that you can afford the mortgage we request. If you can prepare the following documents (electronically is fine) it will save time and ensure a smooth process.
Scanned copy of your Passport or Driving Licence
PROOF OF ADDRESS
Recent Utility Bill, Council Tax Bill or Bank Statement
PROOF OF INCOME
Employed Clients - Latest 3 Monthly Payslips and Latest P60
Self Employed Clients
Latest 2 Years Accounts, or
Latest 2 Years HM Revenue & Customs (HMRC) Tax Calculation accompanied by corresponding Tax Year Overviews
Latest 3 Full Months Bank Statements - showing both salary credits and outgoings (direct debits, standing orders etc)
EXISTING BUY-TO LET PORTFOLIO (IF APPLICABLE)
A spreadsheet with basic details about the property, rental income and mortgage help provide an overview of your portfolio
PROOF OF DEPOSIT (IF APPLICABLE)
Bank / Savings account statement showing gradual build up of funds
What you need to know
There may be a fee for arranging a mortgage, typically £199, payable prior to your mortgage application.
Your home may be repossessed if you do not keep up repayments on your mortgage. Some buy to let mortgages are not regulated by the Financial Conduct Authority.
The guidance and/or advice contained within this website is subject to the UK Regulatory Regime and is therefore targeted at consumers in the UK.
MHC Mortgage & Protection Ltd is an appointed representative of HL Partnership Ltd, which is authorised and regulated by the Financial Conduct Authority. HL Partnership Ltd is entered on the FCA register under reference 303397
MHC Mortgage & Protection Ltd is registered in England and Wales - 12067840 – Registered address – 13 Aurum Close, Whitstable, Kent. CT5 3FN