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Buy to Let Mortgage Advice in Sheffield

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We Search 1000’s of Buy to Let Deals
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As a Mortgage Broker in Sheffield, we have a great deal of mortgage experience, providing buy to let mortgage advice to our customers and have many long-standing relationships with landlords of Sheffield.

 

Are you a current or hopeful landlord looking for expert Buy to Let Mortgage Advice in Sheffield? Using our many years of experience within the mortgage industry, we are here to help answer all of your mortgage questions.

 

We have many valuable, long-standing relationships with local landlords who we have helped in the past who always come back to us if they have another venture they would like to explore. We can’t wait to help you too!

 

How does it work?Get a quote nowMeet your advisor

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

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Buy to Let Mortgage Advice in Sheffield – Frequent Scenarios

Over our many years as an experienced Mortgage Broker in Sheffield, we have encountered various different Buy to Let mortgage scenarios. Though everyone is different, it is likely we have at least dealt with something similar before. As such, we will use our knowledge to help you through the mortgage process. Here is a list of Buy to Let mortgage scenarios that we’ve seen before;

  • Buy to Let remortgage
  • Capital raise
  • Limited company mortgages, also known as specific purpose vehicles (SPVs)
  • HMO mortgages, a house in multiple occupations
  • Buy to Let mortgages for retired landlords
  • Professional & portfolio landlords
  • and many more…

 

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 Sheffield for you.

How can coming to us for Mortgage Advice in Sheffield help you?

  1. We are here to work by your side! We take pride in building relationships with landlords, helping them anytime they need us.
  2. It’s our job to make you stress-less and comfortable right from your first point of contact, through to you completing your buy to let purchase.
  3. We pride ourselves on our customer service, you can find proof of this in our genuine customer reviews.
  4. We’ll work around your commitments, ensuring your appointment is at the most convenient time for you, whether that be early, late or a weekend.
  5. Unlike your bank, we are able to search 1000’s of buy to let mortgages on your behalf to recommend the most appropriate one for you.

 

As your Mortgage Advisor in Sheffield, 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

The minimum deposit for a Buy to Let mortgage is usually 25% of the property value. However, this can vary between 20%-40%. If have any further questions regarding you Buy to Let mortgage deposit, speak to one of our Buy to Let Mortgage Advisors in Sheffield today.

Your free mortgage consultation with a Mortgage Advisor in Sheffield will last approximately an hour. Once they have evaluated your situation, they will recommend a mortgage for you with no obligation for you to proceed. Based on the deal, you can decide whether or not you want to continue the process with us or not.

As a trusted Mortgage Broker in Sheffield, we carry out a fact find to verify your needs before recommending you with a mortgage deal. After a Mortgage Advisor in Sheffield has evaluated your situation, they will perform a credit check on you, this is required for an agreement in principle. Then after you have provided all of the relevant documentation and a valuation of the property has been carried out, a formal mortgage offer can be issued.

We always advise that you obtain an agreement in principle before you start viewing properties in Sheffield, to avoid disappointment. If you want to get yourselves a head start, you should get one prior to making an offer.

Typically, an agreement in principle lasts for between 30 and 90 days, however, this can change depending on your lender in Sheffield. If your agreement in principle expires, you can renew it quite easily.

Yes, you can get a second mortgage. Whether this is for debt consolidation or home improvements, this is possible. It is also possible to take out a second mortgage on a second property but only if it is own use, the use of a family member, a holiday home or a Buy to Let.

It will be harder but yes you can. You will have to show that you can afford a mortgage by putting down a higher deposit, perhaps 10% or 15% of the purchase price.

Yes, however, you must submit at least one years’ accounts. Most lenders use your salary + dividend to calculate the maximum mortgage, whereas other lenders in Sheffield could base it of your net profit.

If you are an employee, you will need to provide three payslips to prove your income. If you are Self Employed in Sheffield, you will have to prove for the latest 2 years’ accounts. Along with this, you must produce proof of ID, address and 3 months’ bank statements.

Our free mortgage consultation in Sheffield will take about an hour. Once this is one, we can arrange an agreement in principle for you within 24 hours. A formal offer takes up to three weeks on average.

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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.

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Sheffieldmoneyman.com & Sheffieldmoneyman 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.

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