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Buy to Let

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Buy to Let Mortgage

Administrator

April 10, 2006 6:28:39 PM

Buy to Let mortgage schemes are mortgage packages aimed at individuals or companies who wish to buy property as an investment to let out to tenants (as opposed to live in themselves), with a view to earning a rental income or selling the property for capital gain in the future.

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I trust Open Choice Mortgages to get me the best mortgage deal available

— Mr Singh, Bristol

Buy to Let Mortgage

As low as 3.99% fixed rate mortgage until 01/09/2007 at 85% loan to value. A typical example:
property value £180000 total borrowing £153000 and you only need a rental income to cover the mortgage payments of £510 pcm (100% of the monthly mortgage payments) APR 6.7%.

Open Choice Mortgages is authorised & regulated by: The Financial Services Authority 310073

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other loan secured upon it.