Imagine Finance
Buy-To-Let Purchase
Invest in your property portfolio and get the best deal for your buy-to-let purchase with Imagine Finance
Whether you’re a first-time landlord or an experienced property investor, we can find the right buy-to-let mortgage for you.
Most buy-to-let mortgages are interest-only. That means your monthly repayments may be smaller, but you will have to pay off the loan in full at the end of the mortgage term.
Imagine Finance offers a huge range of both fixed rate and base rate tracker buy-to-let mortgages from a large panel of leading UK lenders. We can also help if you need to change from an owner-occupier to a buy-to-let mortgage.
With free advice from our mortgage specialists, you can be sure to get the best product available for your buy-to-let purchase.
If you are already a buy-to-let owner and looking for a remortgage, head to our buy-to-let Remortgage page.
Frequently Asked Questions
What is a buy-to-let mortgage?
A buy-to-let mortgage is a mortgage for landlords, meaning you borrow money to purchase a property and rent it out to tenants.
Essentially, it is an investment, with the expectation that your rental income received should pay the mortgage plus any fees and give you a profit on top.
How can I get a buy-to-let mortgage and what things should I consider?
To get started with your buy-to-let purchase, you will first need a deposit. Ideally, you should pay the biggest deposit you can afford, as this will reduce the amount of interest you are paying and ensure that you make a bigger profit.
You should also factor in additional expenses, including letting agent and maintenance costs. In addition, you may want to think about what happens if your property is unoccupied and ensure you have a contingency plan in place should you not be receiving any rental income.
As lenders think about this type of loan differently from residential mortgages, this means that fees and interest rates are likely to be higher. If you are an accidental landlord, we can help you switch from a residential mortgage to a buy-to-let product.
What other fees might I have to pay?
I have a low credit rating. Can I still apply?
How will you support me through the process?
Here at Imagine Finance, we guarantee to compare the market to find you the best possible interest rates for your circumstances.
We also offer free and impartial advice to all our clients to ensure you are fully informed about your available options.
More importantly, we do not charge any upfront fees and, if you are borrowing more than £200,000, we do not charge completion fees.
Book a free consultation with our team today and start turning your dreams into reality.
Mr Wells
