Case studies: Buy-to-Let mortgages in Eastern England
Written by Luke Stevenson
This past week we’ve been highlighting the opportunities for property investors in Eastern England.
One particular area investors should be interested in is in Buy-to-Let, where we have seen a lot of activity in recent months from landlords looking to expand their portfolios in the region as they see the opportunity for good rental yields outside of – but still relatively close to – London.
Here are some examples of the cases like that we have supported:
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Leicester
Remortgage on an unencumbered property to raise funds for further Buy-to-Let purchases after the property had doubled in value.
Loan amount: £112,000
LTV: 70%
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East Bergholt
A five-year fixed Buy-to-Let remortgage on an unencumbered property to fund further property acquisitions.
Loan amount: £182,000
LTV: 55%
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Doncaster
A remortgage to exit from a bridging loan with an extra £69,000 remaining to purchase and renovate further Buy-to-Let properties.
Loan amount: £135,000
LTV: 75%
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Lincoln
Five-year fixed terms for non-portfolio landlords refinancing a property to buy a Buy-to-Let.
Loan amount: £65,000
LTV: 33%
If you want to contact Shane about your next property investment, you can connect with him on LinkedIn, call him on +44 (0)77 4165 6555 or email him: [email protected].
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