Limited time buy to let offer
FC Funding is one of the leading commercial brokers and mortgage lenders in the UK and we have a wide range of experience in arranging bespoke buy to let mortgages for our clients to suit their individual needs. With access to all the major lenders we are able to source the very best deals which is why we are pleased to inform you that currently, one of our lenders is offering the below deal on their buy to let mortgages:
- The full cost of the legal fees covered on 5-year fixed rate products at 75% LTV, up to a maximum of £850 for standard properties and increasing further to up to £1,000 for repeat borrowers.
- Increased the maximum loan size to £750k across all products
- Free Title Insurance on all Standard Residential and HMO properties refinance cases
- Reduced valuation fee of £150 on standard residential properties (non-refundable)
- HMOs with up to 6 rooms priced the same as standard properties. HMOs up to 15 rooms with the value assessed on a ‘red book’ basis accepted.
The benefits of buy to let mortgages
Despite recent changes to the stamp duty and tax laws surrounding the buy to let markets, there is still a strong demand for rental properties. This is because buy to let properties boast many benefits including terms of up to 30 years, competitive interest rates, annual rent increases and fast completions.
What’s more, Limited Company’s with buy to let portfolios can claim back a higher amount of tax than an individual with high rate tax payments and don’t have to pay tax on dividends of up to £5,000 or when reinvesting profits to secure further properties. What’s more, personal funds that have been put into the company, such as a mortgage deposit, can be drawn back out of the company via a director’s loan.