We provide our clients with a complete range of mortgage options to give them a big helping hand onto the property ladder. Our experts are independent and are able to find the best mortgage product to suit your requirements. Whatever your situation we will always strive to meet your needs.
Buy to Let Known also as an investment mortgage, Buy-to-Let (BTL) mortgages are ideal for borrowers who wish to purchase a property to rent to a tenant. In some cases, the rent specified by the landlord can be slightly more than the mortgage repayments on the property itself, which can help with the running costs and maintenance of the property.
The Buy-to-Let mortgage arena has seen a healthy surge of new landlords in recent years – and existing landlords expanding their property portfolios. Purchasing a property for Buy-to-Let purposes is still regarded as being the best choice for people looking to invest their money for the long term and making profitable returns, as well as financial security for the future.
Re-Mortgage Re-mortgage plans allow you to switch your mortgage to another lender. As a result of this, you may be required to pay an early repayment charge (ERC) to your existing lender. There are many reasons why people may consider taking out a re-mortgage plan such as:
Saving Money
Roughly 80% of people are paying too much on their current mortgage repayments. It is recommended that you examine every payment possibility when searching for a suitable mortgage – the right choice can result in a substantial amount of saving.
Consolidation of Debt Mortgage re-payments can be spread out in smaller amounts over a longer period of time. This may reduce your current payments, although you should always carefully consider your options beforehand as you may end up paying more in total over the long term.
Home Improvements
Fluctuating house prices and the costs involved when moving home, such as Home Information Packs (HIPs) for example, has turned many people to remain in their current property and carry out improvements. There is a strong likelihood your house has increased in value from your original purchase price, which places you in positive equity (this is where the value of your home now exceeds the current mortgage value placed on it). By releasing a small amount of this equity, you can focus on making improvements to your home, which are likely to add value to the house should you wish to sell it in the future.
Bluesky Mortgages and Finance is Registered in England. Company Registration No 6310173.
Registered Office 163 Lincoln Road, Peterborough, Cambs, PE1 2PN.
Bluesky Mortgages and Finance is Authorised and Regulated by the Financial Services Authority.
Registration Number 471522.
