Whether you’re venturing into the buy-to-let market for the first time or already own a string of properties, we can help you get the most suitable deal and succeed.
The Financial Conduct Authority does not regulate some aspects of buy to let mortgages
Your home may be repossessed if you do not keep up repayments on your mortgage
Buying a property solely to let it out has always been a popular option. This remains the case despite an array of legislative changes. The most obvious reason for this, and why you should consider buy-to-let, is that it generates a regular income for you.
Property prices generally rise over time. Investing in a buy-to-let property means someone else is paying your mortgage while your property increases in value. When the mortgage is finally paid, you have a valuable asset and a monthly income. It can be a great aid in retirement.
To successfully enter the world of buy-to-let, you need a mortgage designed for this purpose. This is a complicated area. While you can try to find the most appropriate deal yourself, you’ll find it's better to get the professionals involved. Any mortgage needs to be affordable. You should also note it’s not the only cost. Fortunately, we can provide independent mortgage advice and help with insurance and financial planning.
Before you commit to a property, you’ll need to do plenty of research. It’s useful to know which areas are seeing steady increases in prices, which are popular with renters and whether there is a lot of anti-social behaviour in the area. You’ll also need to carry out structural checks on any chosen property.
Even more important is your financial planning. You need to lay out all the costs, including allowing a budget for unforeseen issues. You can then compare this to the expected revenue and the potential rise in property value. We can help you create a financial plan and find the most suitable mortgage deal, potentially making your vision a reality.
We understand your situation is unique and love the challenge of finding you a mortgage deal that works. We offer much more than brokerage services for buy-to-let mortgages. We can help you with all aspects of financial planning, helping to make your dreams come true.
We’re not just involved at the start, we’ll monitor your mortgage and financial plan, providing you with updates and advice when needed. We’re committed to your success as your success is our success.
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Our dedicated and professional team is waiting to help you. Contact us today and let our expertise help you make the most of your money
If you’re looking at buy-to-let, you probably need a mortgage. You’re also likely to need a deposit of between 20-40% of the property value. Alongside this, a good credit rating is essential. We’ll help you check your financial situation and prepare for buying to let.
You’ll be able to access an array of buy-to-let mortgages. This includes fixed rate, variable rate, tracker and even the discounted variable rate. Each one has its own pros and cons and it can be difficult to work through the options and decide which is right for you.
We can help you with this. We have an in-depth knowledge of all the buy-to-let mortgages on the market. Combine this with the first-hand knowledge we have of you and your needs and we will find you a mortgage deal that works for you. Best of all, you don’t need to understand all the details because we already do.
Frequently asked questions
Understandably, you have questions. The following are the most frequently asked, however, if you don’t find your question and the answer here, don’t hesitate to contact us. We can help you with any query, no matter how big or small.
Many people ask this as their existing mortgage lender is prepared to offer them a deal. The truth is, that mortgage lenders have access to a limited number of products, whereas mortgage brokers can access a wide range of mortgages on the market, potentially finding you a more suitable deal.
We’ll help. Our standard approach is to get to know you and your needs, allowing us to recommend the most suitable mortgage product for you. We’re independent so your interests are all that matters.
The average is 25% of the property value. However, it can vary depending on the lender, some only require 20%, while others want as much as 40%.
Most lenders use the same approach; they like to see a rental income of between 125% and 145% of the monthly mortgage amount. Some lenders will also want you to earn a minimum amount.
In general, yes, provided you know what you are getting yourself into. We can help make sure this is the case.
We are a UK business which started trading over 30 years ago. Our staff are experienced, knowledgeable and committed to finding you the most appropriate deal.
We can talk about how good we think we are but the proof is in the pudding. That’s why we’re on VouchedFor, so you can see genuine verified reviews from actual clients. It’s important to us that potential clients can see what it’s actually like to work with us and that clients have a space to share their honest feedback on our service so we can make improvements where necessary. We’re proud to have a 4.8 rating on VouchedFor – click to see where that rating has come from.
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At Lynas Vokes, we offer a wide range of services to help you at every stage of your life’s journey. Click on the links below to view our recommended services or view our Services menu for our full range.
It doesn’t matter where you’re based or what your motivation is, if you want to find out more about the new build experience, we can help.
It doesn’t matter why you’re moving or where you moving to and from, we have the resources you need to help you reach your moving goals.
When you are ready to buy your first home, you’ll appreciate a little help. We can help you get the mortgage offer you need.
The buy-to-let market has been surprisingly volatile in recent years. That means there are plenty of opportunities for those ready to act. You can start the process today and we’ll help you get into a position to act, allowing you to react quickly when the right property hits the market.
Our specialist team is available and happy to help you. Call us today to discuss your buy-to-let mortgage needs, financial planning or even your pension planning. We offer the complete service!
Advised sales
An initial flat fee of £495 for a standard case or £795 for a non-standard / specialist case will become payable on submission of the mortgage application. We will also be paid by commission from the lender.
The exact amount of commission we will receive is not known to us at this stage. We will confirm the actual amount to you as part of the lending illustration we are required to obtain from the lender.
We will tell you how much the total fee will be in good time before you apply for a mortgage, but you may ask for this information earlier.
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