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If you are in the market for seeking mortgage advice for a Buy to Let in Doncaster, our expert Mortgage Advisors in Doncaster are here to help. Whether you’re wanting to take the initial leap and become a landlord or are experienced in doing this already, we have a lot of industry knowledge on Buy to Let in Doncaster.
As a mortgage broker in Doncaster, that works hard to assist our customers, we have helped a variety of different investors in securing them brilliant buy to let mortgage deals. Our dedicated team will look through 1000s of mortgage products, in order to find you the best deal they can for your needs.
The Financial Conduct Authority does not regulate some types of buy to let or commercial mortgages.
If you would like to purchase your new buy to let property through a limited company (known as a Special Purpose Vehicle, or SPV for short), our team of mortgage advisors in Doncaster have a great amount of knowledge on this too, and will be happy to talk through your mortgage options.
If you are looking to compare the taxation benefits, then you will need to get in touch with an experienced tax advisor as they will be able to give you the appropriate advice on this.
Though we typically help with standard residential buy to let in Doncaster, we can actually help with HMOs (House of Multiple Occupancy) and holiday lets too, so if you require some assistance with one of those, do not hesitate to get in touch for your free mortgage appointment.
Buy to Let deposits can vary significantly, with several factors considered by the lender, which is why they can range from as low as 20% to as high as 40%. In Doncaster, lenders typically require a minimum of 25%.
Are you contemplating an investment in a Buy to Let property in Doncaster and wondering about your options when employing a limited company or a Special Purpose Vehicle (SPV)? Our team of experienced mortgage advisors in Doncaster has amassed a wealth of knowledge over the years and can offer you expert guidance on securing a Buy to Let mortgage using an SPV. Alternatively, if you’re interested in comparing the tax advantages of acquiring a Buy to Let property through an SPV, we recommend seeking advice from a specialist tax advisor.
They can furnish you with tailored advice and assist you in making an informed decision. In addition to aiding homebuyers with standard residential Buy to Let mortgages in Doncaster, we possess extensive expertise in HMOs (Houses of Multiple Occupancy) and holiday property acquisitions.
We can assist you in navigating the challenges associated with these property investments and identifying the most suitable Buy to Let mortgage arrangement to meet your requirements. We recognise that purchasing a property for leasing purposes can be an intimidating endeavour, particularly if you’re new to the property market. That’s why our team of expert mortgage advisors in Doncaster is available to guide you through the process.
Whether you’re a first time landlord or a seasoned investor seeking to expand your portfolio, we can provide you with the support and mortgage advice in Doncaster necessary to accomplish your objectives. So, why not get in touch with us today and discover how we can assist you in maximising the benefits of your Buy to Let mortgage in Doncaster?
Our Customers Love Us
4.99 Rating101 Reviews
Nicola
Very easy to deal with, answered all my questions and put me at ease. Would highly recommend.
5 months ago
Katrina
Fantastic service. so helpful and friendly would highly recommend to anyone and especially Wayne and Chloe they have been with us every step of the way, thank you so much for helping us with our first mortgage
6 months ago
Thomas
Fantastic, very attentive and helpful throughout the whole process
7 months ago
Thomas
Very helpful
7 months ago
Glenn
Excellent customer service. Matt & Lizzi were great with communication throughout the process. Mortgage achieved as promised.
7 months ago
Valy-Sorinel
The best mortgage advisor
9 months ago
George
Great service from Daniel, we are remortgaging this summer and found the best option with his help.
9 months ago
Harrison
The service provided by Tom was brilliant and he was always available to offer support and advice throughout the process. Me and my partner were first time buyers and it couldn’t have been made any easier due to the service provided by Tom and his...
11 months ago
Beth
We have used Jason twice to sort our mortgage after one house fell through. He has been accommodating around working hours and always responds rapidly. Always has good advice and understands any questions we weren’t quite sure on. I would...
11 months ago
Beth
I would recommend using moneyman, Jason has supported us through getting two mortgages, following one house falling through! It made the process much less stressful and he kept us up to date with everything.
11 months ago
Louis
Very good customer communication
1 year ago
Anne
Very helpful and professional
1 year ago
Hayley
Thorough, prompt and personal service. I can not recommend enough. Chris has been excellent to deal with. I would definitely use again
1 year ago
Umar
Great team, excellent communication and makes the process a lot easier. Definitely recommend using them for the support.
1 year ago
Ben
2nd time using these guys and they deliver every time. Brilliant customer support as always
1 year ago
Dean
Excellent service
1 year ago
Mariola
We used Tom as our mortgage adviser and he was brilliant. Answered all our questions, put us at ease throughout the whole process and even scheduled meetings around our schedule - which was quite busy at the time. The whole team was super helpful...
2 years ago
Samantha
Absolutely fantastic service from Leo and Meghan. Everything was done so quickly after the initial call, and everything was explained clearly. Couldn't have asked for a better service, thank you.
2 years ago
Abbiegail
Thank you so much to Ryan and Lynsey for helping us find the perfect mortgage for my family! Great communication and help throughout the process. Will definitely be recommending to friends and family in the future
2 years ago
Shacheesh
both Jason and Molly have been extremely professional and efficient in the complexities of mortgage application allowing the application to go through within a week from contact. Excellent work.
2 years ago
A buy to let mortgage adviser in Doncaster can assist you in determining your realistic investment goals based on your financial situation and market conditions.
We can also elucidate the disparities between interest-only and repayment mortgages and assist you in deciding which type of mortgage aligns best with your investment strategy, if you are not already aware.
This application will comprise all necessary documents, including proof of income and identification. The lender will subsequently evaluate your anticipated rental income to ensure you can meet monthly payments and any additional expenses, such as maintenance and repairs.
Following the acquisition of your buy to let mortgage and the purchase of your rental property, it is crucial to maintain pertinent insurance coverage to safeguard your investment.
To see more about why so many people use us and come back to us for mortgage advice on a Buy to Let in Doncaster, please feel free to read our amazing reviews, left by genuine customers that we were more than happy to help.
Our open & honest team at Doncastermoneyman are very familiar with market for buy to let in Doncaster and have a lot of knowledge on it. We often work with buy to let landlords, forming relationships with those who regularly need to arrange a mortgage or remortgage, taking the stress off their shoulders.
We always keep ourselves up to date with the latest legislation and lending criteria for buy to let in Doncaster, which allows us to ensure our customers are always well informed and given accurate and professional mortgage advice in Doncaster.
Our mortgage administrators and advisors will support you from your first point of contact, right the way through until your transaction has completed and beyond. It is our mission to give our customers a clear and simple process, all the way throughout their experience of our mortgage advice service.
As your expert Mortgage Advisors for Buy to Let in Doncaster, we will be ready and waiting to support you through your entire mortgage process. We are available seven days a week, from early on in the day until later in the evening. We will aim to help you over any hurdles you encounter along the way.
Throughout our tenure as a mortgage broker in Doncaster, we have helped many landlords secure mortgages for the properties they are investing in.
Whether you’re looking to mortgage a regular residential buy to let in Doncaster, a holiday let, or a HMO, our team of mortgage advisors in Doncaster will be happy to run through your circumstances and find you a great mortgage deal.
The buy to let option that we encounter the most is a standard residential buy to let. This option is basically what it says on the tin, it allows you to take out a mortgage on a residential property purchase that you intend to rent out rather than live in.
The majority of borrowers for buy to let in Doncaster will take out their mortgage as interest-only, as this will keep their monthly payments lower due to only paying the interest each month. You’ll usually pay the monthly amount through the money you have gathered from rental fees. The capital will need to be paid off in full at the end of the term.
A house in multiple occupancy is a term referring to residential properties that tend to have multiple tenants and have common areas that are shared. Examples of this would be student housing. Depending on how big your HMO is, you may be required to get a license from your local council. We highly suggest speaking to the local authority ahead of time so you are aware of the legalities.
Because HMOs are classed as a specialist investment of buy to let in Doncaster, not all mortgage lenders out there will offer products for them. Luckily we do have some on panel that can offer mortgages to customers looking to purchase a HMO.
HMOs tend to bring in higher yields than that of a regular buy to let investment, though you have to bear in mind other costs, such as license fees from the local authority and having to maintain the general upkeep of the property more frequently.
We see more and more landlords now looking to explore their options for purchasing their investment properties through a limited company SPV (Special Purpose Vehicle). This is especially the case when it comes to buy to let landlords with extensive property portfolios.
As a typical rule, you will pay a higher interest rate when taking out a mortgage in the name of a Ltd. Company and won’t have as many options when it comes to the number of lenders that offer mortgages for these.
That being said, the costs can be greatly outweighed by the potential tax savings. We would always suggest having a good talk with an experienced tax advisor to determine if this is the right path for you to take.
Holiday let mortgages are designed for people looking to purchase a property that will have multiple regular short term tenancies over time.
A holiday let is classed as a specialist type of investment, so once again it’s something that not all lenders will have products available for you to choose from. Turning this into a positive though, our mortgage advisors in Doncaster also have a great deal of knowledge in holiday let lending criteria and will be able to take a look at your options.
In this section we have taken a look at the most common buy to let in Doncaster scenarios that we have encountered in Doncaster.
If you do not match anything that has been mentioned here, then please don’t hesitate to get in touch with us. Utilising our extensive experience, it’s not often that there’s a situation we haven’t encountered at some point in the past. We look forward to helping you with your mortgage.
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Doncastermoneyman.com & Doncastermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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Doncastermoneyman.com & Doncastermoneyman are trading styles of UK Moneyman Limited, which is authorised and regulated by the Financial Conduct Authority.
UK Moneyman Limited is Registered in England, No. 6789312 | Registered Address: 10 Consort Court, Hull, HU9 1PU.
Authorised and Regulated by the Financial Conduct Authority.
We are entered on the Financial Services Register No. 627742 at www.register.fca.org.uk
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