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Are
you considering buying a new home as a rental investment property?
If so, a Buy to Let Mortgage may be exactly what you're looking
for. The most distinguishing characteristic of a Buy to Let
Mortgage is the fact that the principle you are granted is not
based on your income; it's based on your potential rental revenues.
This allows you the opportunity to purchase a rental investment
property while you may still have a mortgage on your current
residence and other financial commitments.
Why
go Buy to Let?
The comforting thing to know, is there is little difference
in the process to obtain a Buy to Let Mortgage with Majestic
than there is to obtain a typical mortgage. There is a minimum
principle balance is £20,000 with a minimum deposit of
10%. Your maximum Buy to Let Mortgage is based on the rental
income covering 130% of the monthly payment on your mortgage.
Given that you can extend the term of your mortgage up to 45
years. With the opportunity to leverage your property like this
you can increase your cash on cash return for your rental property.
Not to mention the potential for capital appreciation along
the way!
Why
Majestic as your Creditor?
Majestic is a well established and rated as one of the leading
Buy to Let Mortgage and loan brokerages in the UK. There is
comfort in know that you are going to be receiving very competitive
rates with a firm that will do their best to help you every
step of the way. Buying a rental property can be an exciting
time and Majestic is there to help you make your dream a reality.
Their on-line application is simple and easy to complete. Majestic
will then call you back within 15 minutes or at your convenience
to discuss the opportunity for a Buy to Let Mortgage. There
is absolutely no obligation nor are there any service charges
along the way. It is truly a great firm that knows the value
of your business.
Obtain your Let
Mortgage from Majestic for your new investment property
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