Buy-to-Let Mortgage Broker in Essex & Suffolk

Unbiased, stress-free buy-to-let mortgage advice from the top mortgage broker in Essex & Suffolk.

Looking to kickstart the investment process with a buy-to-let mortgage? Get in touch with Fees Free Mortgages today.

Don’t take our word for it…

We are a Top Rated 2021 vouchedfor buy-to-let mortgage broker in Essex & Suffolk, checked more thoroughly than any other.

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vouchedfor Reviews

Martin Bright could not have done anything better, he listened to my needs, acted upon them promptly to get me the best and the right deal.

Martin was a tremendous help with mortgage and life insurance advice. His knowledge and expert advice was a real guiding light throughout the complexities of navigating both these areas for the very first time. We wouldn’t hesitate to recommend him. He is personable, conscientious and everything you could hope for in an advisor.

Vouched - Top Rated Remortgage Broker in Essex & Suffolk

Certificate in Mortgage Advice and Practice (CeMAP) - Fees Free Mortgages

Buy-to-Let Mortgage Broker in Essex & Suffolk – Our Tailored Approach

Unlock the power of buy-to-let investment with the help of our mortgage experts. Whether you’re a first-time investor in need of advice or an experienced landlord looking to expand your portfolio, we’ll find the best buy-to-let mortgage for you.

Fees Free Mortgages understand that your situation is unique – that’s why our advisors work to tailor our buy-to-let services to your exact requirements. Click the button below to fill in our quick, simple buy-to-let questionnaire, and let us do the rest. Using the information you provide, we’ll assign you a friendly buy-to-let mortgage advisor, who’ll keep you in the loop whilst finishing the ‘fact-finding’ and research process.

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Unbiased, expert buy-to-let mortgage brokers

Our friendly, experienced team of brokers and advisors work with your best interests at heart – consistently sourcing the most suitable buy-to-let mortgage deals on the market.

Fees Free Mortgages aren’t tied to any specific lenders and don’t work on a commission basis, meaning our advisors are perfectly placed to find the best buy-to-let mortgage for you.

Our unprecedented industry network and commitment to research help us secure the most suitable buy-to-let mortgage rates for our clients, every time, ensuring the sustainability and success of your investment.

Generate an income and meet mortgage repayments

Ensuring your property is successfully and consistently let is one of the keys to thriving as a buy-to-let landlord.

Our commitment to finding the most suitable, lowest buy-to-let mortgage rates help us provide you with the lowest possible monthly rates – helping increase your profit margin as much as possible.

Our lenders offer both capital repayment, and interest-only buy-to-let mortgages, giving you access to a wide variety of investment strategies.

Benefit from fees free buy-to-let mortgages

Fees free mortgages means that you don’t have to pay a large lump sum to secure the deal you want.

No need to pay any fees for arrangement upfront, which can be tricky if you’re on a tight budget.

The Top Buy-to-Let Mortgage Broker in Essex & Suffolk – Bespoke Applications Tailored Around YOU

If you are considering a buy-to-let mortgage, make sure to contact our fees free independent buy-to-let mortgage advisors, who will consider all your circumstances as well as available deals before offering impartial advice about which mortgage options are right for you.

How it works

Buy-to-Let Mortgages in 5 Easy Steps

The team at Fees Free Mortgages understand the importance of finding the right buy-to-let mortgage for you – that’s why we work on a commission-free basis and aren’t tied to any one lender. Our brokers and advisors are motivated by your needs and ambitions – meaning we’ll find the most suitable deal for you.

1. Initial Discussion

Our friendly fact-finding process will allow us to understand your goals and objectives. Your buy-to-let mortgage advisor will work with you to understand any hurdles to secure a mortgage at this stage. We’ll also explain exactly who we are and what you can expect from our service.

2. Review the market on your behalf

We get straight to work. We explore the maze of buy-to-let mortgage lending criteria for you. We’ll make affordability and credit assessments ensuring the recommendations we make are suitable for your individual needs.

3. Share our recommendations with you

We’ll illustrate the facts and figures in an easy-to-understand presentation, including the justifications behind the recommendations.

4. Package & submit a full buy-to-let mortgage application

Our buy-to-let mortgage submission route is much easier than an ‘in branch’ experience. Why sit through a 2-hour interview with the bank when we can do this for you?

5. Oversee the process to completion

If solicitors are introduced, don’t worry. We’ll assist you with their paperwork and we can talk to them on your behalf. We’ll act as the middle man right through to completion.

Why Choose Us as Your Buy-to-Let Mortgage Advisor?

We’ll find the best buy-to-let mortgage deal that suits you and give you expert financial advice while taking care of your whole mortgage application. Best of all, we’re FEES FREE! Putting the Free in Fees Free Mortgages.

Fees
Free

No mortgage broker fees – Many firms charge upfront fees, or fees on completion.

Personal
Service

No call centres and only 2 points of contact (Mortgage Broker & Case Manager)

Unbiased
Advice

We review the whole of the market, giving unbiased and independent mortgage advice.

Regulated &
Accountable

We are directly authorised by the FCA and fully accountable for the mortgage advice we give.

Free
Advice

Free financial advice, including; mortgage, life insurance & protection.

Ongoing
Contact

We handle all the hard work and keep you updated until your mortgage completes.

We’re Not Just a Buy-to-Let Mortgage Broker…

We love providing whole of market mortgage advice in Colchester and believe that any interaction with us will be a positive experience because we do our best to help you achieve all your mortgage goals!

First Time
Buyers

We love helping you get on to the property ladder. We’ll oversee your first purchase from start to finish!

Buy-to-Let

Looking to jump-start your investments with a buy-to-let mortgage? We will find you the best deal!

Remortgages
.

We’ll review your options with your existing lender and compare them against the market for you.

95% Mortgages

Whether you’re an experienced mover, or a first-time buyer, take advantage of the 95% mortgage guarantee scheme today!

Help to
Buy

Need Help to Buy advice? Our straightforward team of Help to Buy experts will put you in the picture.

Self-Employed
Mortgages

Are you self-employed and looking for an excellent mortgage deal? Our simple process will explain it all to you, and give you peace of mind.

Buy-to-Let Mortgage Advice (FAQs)

How are buy-to-let properties taxed?Callum Marshall2021-02-07T12:05:18+01:00

How are buy-to-let properties taxed?

Whilst landlords are generally entitled to £1000 of tax-free income per year, the vast majority of rental income is taxable, and must be declared as part of your self-assessment tax return, whilst those earning specifically between £1000 and £2500 must contact HMRC. Upon filing, income tax for landlords earning above the £1000 threshold will be charged in accordance with income tax banding if applicable. This banding is as follows;

Basic rate – 20%

Higher rate – 40%

Additional rate – 45%

How much deposit do I need for a buy-to-let mortgage?Callum Marshall2021-02-07T12:05:00+01:00

How much deposit do I need for a buy-to-let mortgage?

Buy-to-let mortgage lenders generally require a higher deposit than that seen in typical residential agreements. Though this usually sits at around 20 to 30% of the property’s value, it is not uncommon for buy-to-let lenders to require a deposit of up to 40%. These large deposits provide assurance to the lender in the instance of tenant rental default or periods of vacancy.

If you find these high deposit rates daunting, you may wish to seek assistance from a reputable mortgage broker, like Fees Free Mortgages. As a result of our extensive industry knowledge and network, we’re able to source the most secure, suitable, and cheapest deals for our clients.

How do buy-to-let mortgages work?Callum Marshall2021-02-07T12:04:35+01:00

How do buy-to-let mortgages work?

Buy-to-let mortgages are generally available on both an interest-only, and capital repayment basis.

Interest-only mortgages, a common choice amongst investors, particularly in the buy-to-let market, allows property owners to pay only the outstanding interest on their loan, meaning the borrowed balance is not due until the end of the specified period or term. This method significantly reduced monthly outgoings for landlords and generally allows for the maximisation of rental profits.

Capital repayment, on the other hand, requires the borrower to repay both capital and interest. There are marked pros and cons to each of these repayment options within the context of buy to let properties – it’s highly advisable to discuss these with a mortgage broker experienced in the buy to let sector.

What is buy-to-let?Callum Marshall2021-02-07T12:04:19+01:00

What is buy-to-let?

Buy-to-let (BTL) is a common process by which landlords or investors purchase a property with the sole intent of letting for a profit. Though buy-to-let properties are primarily placed within the residential sector, the term also covers investment properties such as student accommodation. Those investing in buy-to-let properties effectively become landlords. Though investors may purchase buy-to-let properties with cash, a common method for securing an investment flat, home, or commercial property is through a buy-to-let mortgage.

When reviewing a buy-to-let mortgage application, lenders will take into account traditional factors such as income and expenditure, whilst noting the potential rental price of the property.

What is buying ‘off-plan’?Callum Marshall2021-02-07T12:03:42+01:00

What is buying ‘off-plan’?

The phrase buying ‘off-plan’ refers to the process of purchasing a property based entirely, or near entirely on specifications, prior to building completion. This complicates the mortgage application and approval process slightly, because delays, setbacks, and the building process as a whole may lead to the need for extensions, renewed offers, and re-evaluation. This lengthy process often results in repeat fees – something we don’t believe in.

The team at Fees Free Mortgages are highly experienced in finding the best possible mortgages for off-plan purchases and know the application and re-evaluation processes inside-out. If you’re looking to buy off-plan for your buy-to-let property, contact one of our friendly advisors today – we’ll be happy to help you.

Request Free Buy-to-Let Mortgage Advice

Looking for buy-to-let mortgage advice? Get in touch with Fees Free Mortgages today. The top mortgage broker Essex & Suffolk.

WHOLE OF MARKET MORTGAGE BROKER ESSEX & SUFFOLK