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UK buy to let mortgage
Buy To Let is the initiative devised by the Association of Residential Letting Agents (ARLA) and supported by the leading letting mortgage lenders including Birmingham MidShires, GMAC Residential Funding, Nat West Mortgage Services, Paragon Mortgages, and the The Mortgage Business. It is designed to stimulate the growth of the Private Rented Sector by encouraging private investors to take the opportunities given by low, highly competitive, interest rates and the reasonable certainty of sustained capital growth over the coming years.
If you are looking for a UK buy to let mortgage, CCC Financial can help. Traditionally in the UK, a buy to let mortgage has been viewed as a commercial proposition and has therefore attracted higher interest than the standard mortgages offered to owner-occupiers. This view has changed, however, and CCC Financial can assist you find the right UK buy to let mortgage with the right interest rate.
Find out about a UK buy to let mortgage with CCC Financial.
The view of CCC Financial, among other brokers, is that growth in the private rented sector must be encouraged. Not only does it lag well behind the private rental sectors of all the other advanced economies, the lack of choice between renting and buying is, in fact, bad for the economy and a contributory factor to the booms and busts of the housing market over the last decades.
Buy-to-Let is a joint initiative by the Association of Residential Letting Agents (ARLA), and the mortgage lenders. The scheme is designed to help private individuals to invest in property to let without being penalised by mortgage surcharges or paying commercial rates of interest. Mortgage lenders in the UK buy to let mortgage scheme will take account of rental income likely to be achieved from a property.
To find out more about a UK buy to let mortgage from CCC Financial, why not fill out an Online Application Form for a quotation without obligation.
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