Hawke Financial Services LLP is a professional business based in Surrey, specialising in Mortgages and other financial services. As a priority element of our Buy To Let Mortgage Brokers Service, we are committed to finding the most suitable products to suit your needs from the thousands available.
What is Buy To Let & Why Go Down This Route?
The property market is known for its volatility, but investing in a property has consistently shown good long-term returns, so if you can invest, it is a great path to choose. You will need a specific Buy To Let Mortgage if you would like to buy a property to rent out for tenant occupancy. Some benefits of Buy To Let can be:
Increased income from rent
Potential for rental prices to increase to a higher rate than inflation
Possible growth value depending on increased property prices.
Is Buy To Let Suitable For You?
Buy To Let Mortgages are usually assessed on your earned income and the rental yield of the investment property. The following criteria are just some of which you will need to comply with:
Be of a minimum age (usually 25+)
Have a minimum income (usually £25k +)
Pass a credit check
Types of Buy To Let Mortgage
Consumer Buy To Let
If you or a close family member or relative has resided or intends to reside in the property in question, this is considered to be a Consumer Buy To Let arrangement. Here at Hawke FS, we are unlimited in the range of Mortgages we can consider for you.
HMO (Houses in Multiple Occupation)
Will your next property purchase be with a view to multiple occupancy? If this is the case then you will likely need a specialist HMO Mortgage. It can often be difficult to find a lender because an arrangement for this type of property is fairly unusual Our Advisors at Hawke will, however, ensure that they find the best lender with the best rate for you.
Single Freehold Multi-Unit
This type of property has more than one flat within a multi-unit space. It is therefore on a ‘freehold’ title and consequently requires a specialist Mortgage.
Buy To Let – Limited Company – SPV/Trading Company
Your accountant might be advising you to purchase investment properties using a special purchase vehicle (SPV), which is under a UK Limited Company structure. The number of lenders in this sector has grown over recent years, however, our advisors at Hawke can guide you through the complex arena to find the most appropriate and cost-effective Buy To Let Loan for you. Several lenders in the Limited Company market work solely through Mortgage brokers, which also reiterates the importance of discussing your needs with Hawke.
Whether it is the setup of the company, the variations associated with lenders preferences on the source of deposit, directors loans, trading companies, directors requirements, shareholding or any other criteria, we can help. Various blogs on these subject matters can be found in our Blogsection.
Remember Hawke Financial Services does not charge a broker fee!
Your Buy To Let Adviser
If you are thinking about purchasing a property for investment your adviser at Hawke FS can help you understand the costs involved in buying the property to the on-going costs you will need to budget for. No matter which type of Buy To Let arrangement you require, your adviser always assess your affordability and appropriateness, so we can avoid any potential financial stress.
Some lenders only offer their Buy To Let Mortgage products through intermediaries. So, for more information, to speak to one of our Buy To Let Advisers here at Hawke FS, and to ensure you are getting the best deal as well as the one that suits you, please do Contact Ustoday.
Give us a call on 020 8660 8613 or email us at firstname.lastname@example.org, and our brokers will be more than happy to discuss your options with you.
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We offer all our potential customers their initial meeting free of charge and with no obligation
All our team members are fully qualified, professional and courteous Mortgage Brokers. They always keep our customers’ best interests at the centre of our business.
Richard - Perfectly Satisfied With Their Advice And Service
“I was perfectly satisfied with their advice and service. They were fast, helpful and always kept me updated. There was never a moment I didnt think I was getting the best service.”
Mehdi Rizvi - Excellent Professional Service - 14th Sep 2017
“I have been with Hawke Financials (Peter Hunt) since 2014. As a Buy to Let landlord, I found they are extremely professional and provide unbiased/impartial proficient advice. They have access to all the major lenders and offer very competitive mortgage rates with excellent customer service. Strongly Recommended”
Paul Jenkins - Residential Remortgage - 12th Sep 2017
“We required to remortgage for various reasons and were given expert advise on how best to do this along with our many options. I found the information given in a way which was easy to understand and very practical. The process proved to be a little more difficult but without the support from Hawke Finacial I am sure things would have been even more difficult and taken even longer. The delays were with other parties and not because of Hawke.”