Families are complicated. Choosing & financing your home is complicated.
We understand that. And we’ve been listening to our clients who’ve been finding a particular problem with how mortgage lenders view certain situations.
It’s not unusual where someone would like to purchase a buy-to-let property. That’s generally quite straightforward unless the tenant is going to be a member of your family. That’s the point where most lenders will refuse the application.
Yet it’s a not uncommon scenario with many grown-up children looking to provide accommodation for their parents in their twilight years. Equally, parents sometimes would like to sell their property, distribute a share of the proceeds to family and then live as a tenant in a family property, perhaps downsizing in the process.
We’re delighted to announce that we now have access to a mortgage product from a major Building Society that does accept buy-to-lets for family members. Find out more about our Family Buy-To-Let product or call us on 01704 808286 today.
Decades of Mortgage Broking Experience to get you the mortgage you deserve
Call us today on 01704 808286 or complete our Factfind Application for a prompt response
Westminster Chambers • 106 Lord St Southport • Merseyside PR8 1LF
You may be required to pay a broking fee. The fee will depend on your circumstances, an indication is 2.5% of the loan subject to a minimum of £2300.
The overall cost for comparison is 4.6% APR but the actual rate available will depend upon your circumstances. Please ask for a personalised illustration.
Think carefully about securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.