1 Mortgages UK offer a range of financial services to UK residents. Their list of products and services include mortgages, re-mortgages, buy to let mortgages and loans to name a small few. Their comprehensive and easy to use website is full of information relating to all the services they offer as well as useful links to other mortgages providers.
One of the most popular mortgages chosen with 1 Mortgages UK is the Buy to Let Mortgage. Over several years, mortgage providers have seen a substantial increase in the amount of Buy to Let Mortgages being sought. With the increase of Buy to Let investors as well as the Buy to Let mortgages available, interest rates are now becoming very competitive between each lender. That being said, interest rates for Buy to Let Mortgages can be as much as 1% higher than for other mortgages and you will generally need a higher deposit such as 15% of the purchase price to even be considered for a Buy to Let Mortgage. 1 Mortgages UK offer great rates for their Buy to Let Mortgages and consider a wide selection of applications.
One of the main reasons why people want to gain a Buy to Let Mortgage is for the rental potential. This can be a great way to invest and make money especially for your future. 1 Mortgages UK recommend that youy aim for a rental income between 1.3 to 1.5 times the monthly mortgage payments on your property to ensure that your Buy to Let investment is realistic.
1 Mortgages UK also offer several other mortgages and financial packages for UK residents. For the latest facts and figures relating to your area of concern, you should visit their website at www.1mortgagesuk.co.uk where you can see for yourself their fantastic range.
