What is Buy to Let?

Boudicca Financial Solutions specialise in placing buy to let mortgages where there is not necessarily a suitable high street option available. As an independent whole of market broker we deal with mainstream Buy to Let lenders as well as more specialist lenders not available on the high street. We offer impartial advice and pride ourselves on being able to recommend the right mortgage to suit your individual requirements.

Since the mid-nineties there has been rapid growth in the property market, leading to an increase in demand for buy to let property. Buy to let remains popular and has a strong market with more people renting due to the difficulties in obtaining finance and the high deposits required to purchase residential property.

A little bit more…

In addition, with Bank Base Rate at such a historically low level, buy to let mortgage rates have never been more competitive. Generally, the interest rate and maximum loan size available for buy to let lending will be determined by the anticipated rental yield on the property, which in turn is dependent on its location.

Most buy to let lenders will be looking at rental coverage of 125% of the mortgage payment to cover the mortgage payment, maintenance costs and insurance. For example, if a mortgage payment is £500, the rental will need to be £625.

Boudicca are able to source Buy to Let Finance for:

  • HMO’s
  • Individual Dwellings
  • Converted or purpose built blocks where the flats are all on one title with no separate leases.
  • Newly built flats
  • Limited Company Applications
  • Refinance or restructure of a portfolio
  • Flats above retail premises
  • Non standard construction
  • Foreign Nationals

Key Features Include…

  • No credit scoring
  • No minimum income
  • Adverse credit acceptable in some instances
  • Interest Only Available
  • Various Fixed rate options available
  • Semi Commercial Property acceptable
  • First Time Landlords

Investing in Futures and Commodities

Futures and commodities investments offer investors with more complex investing needs a way to potentially profit from both the upward and downward movement of commodity and financial markets.

Because the futures and commodities markets can be highly unpredictable — often swinging dramatically — futures and commodities investments are not suitable for all investors. Before starting, consider your:

  • Financial experience
  • Investment goals
  • Risk tolerance
  • Financial resources

If investing in futures and commodities has the potential to fit into your investment strategies and your Financial Advisor does not trade in futures and commodities, he or she will recommend another Financial Advisor who can help you invest in this highly specialized niche.