Buy to Let Portfolio Mortgage

When landlords have two or more properties, this is generally referred to as a property portfolio. Mortgage lenders have designed a product known as a buy to let portfolio mortgage loan which allow landlords to better manage their property portfolios. This type of mortgage is relatively niche, but can make a real difference to landlords who own, or are likely to own, more than one buy to letproperty.

What are the advantages of buy to let portfolio mortgages?

Buy to let portfolio mortgages are of advantage to some landlords because they allow landlords to borrow above property value – very useful for home improvements and decorating. They also mean that rental income and loan to value levels are averaged out across the whole portfolio of mortgage loans, allowing landlords to take advantage if rental income exceeds expectations.

How do buy to let portfolio mortgages work?

When a borrower takes out a buy to let portfolio mortgage, it can incorporate several different interest rates, or many if the portfolio is large enough. The loans are treated as a single account however many buy to let properties are included. There is, therefore, only one direct debit, one monthly payment, and one mortgage statement for the entire portfolio.

Can you remortgage under a buy to let portfolio mortgage?

Depending on your mortgage lender, remortgaging can be a possibility for landlords with buy to let portfolio mortgages. In some instances, up to 90 per cent of property value can be lent with no proof of rental income.

Portfolio buy to let mortgages spread the equity across a property portfolio, and average the rental income across a property portfolio.

How do I find a buy to let portfolio mortgage?

For expert assistance in finding a buy to let portfolio mortgage loan quote, please use our Mortgage Enquiry Form and one of our experts will contact you for further assistance.

When landlords have two or more properties, this is generally referred to as a property portfolio. Mortgage lenders have designed a product known as a buy to let portfolio mortgage loan which allow landlords to better manage their property portfolios. This type of mortgage is relatively niche, but can make a real difference to landlords who own, or are likely to own, more than one buy to let property.

What Are The Advantages Of Buy To Let Portfolio Mortgages?

Buy to let portfolio mortgages are of advantage to some landlords because they allow landlords to borrow above property value – very useful for home improvements and decorating. They also mean that rental income and loan to value levels are averaged out across the whole portfolio of mortgage loans, allowing landlords to take advantage if rental income exceeds expectations.

How Do Buy To Let Portfolio Mortgages Work?

When a borrower takes out a buy to let portfolio mortgage, it can incorporate several different interest rates, or many if the portfolio is large enough. The loans are treated as a single account however many buy to let properties are included. There is, therefore, only one direct debit, one monthly payment, and one mortgage statement for the entire portfolio.

Can You Remortgage Under A Buy To Let Portfolio Mortgage?

Depending on your mortgage lender, remortgaging can be a possibility for landlords with buy to let portfolio mortgages. In some instances, up to 90 per cent of property value can be lent with no proof of rental income.

Portfolio buy to let mortgages spread the equity across a property portfolio, and average the rental income across a property portfolio.

How Do I Find A Buy To Let Portfolio Mortgage?

For expert assistance in finding a buy to let portfolio mortgage loan quote, please use our Mortgage Enquiry Form and one of our experts will contact you for further assistance.

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