We are Buy-to-Let mortgage specialists. Our knowledgeable team of mortgage brokers are on-hand to offer trusted advice. As an independent mortgage brokers we search the entire UK market to find the best mortgage product for your requirements. Transparent Mortgage Services are authorised and regulated by the Financial Conduct Authority (FCA).
Welcome to Transparent Mortgage Services. Our passionate team of mortgage professionals are each qualified brokers who offer knowledgeable advice on all types of mortgage products and are specialists in Buy-to-Let mortgages. We navigate the UK mortgage market effectively to find the most competitive rates. Our team are dedicated to providing unbiased and helpful mortgage advice directly to our clients in a simple way.
A Buy to Let property is a property purchased with the intention of it being rented out to tenants. As a private landlord there is the potential to make a great profit as an investor of a buy to let property. However, this type of investment isn't without risk. It is important to plan appropriately and weigh up the potential income with the costs. Before you proceed with any buy to let investment we recommend you seek professional tax advice.
The rental demand in this country is ever-increasing. With property prices on a consistent rise and first time-buyers experiencing difficulties with making a move onto the property ladder, it doesn't look like the rental market will be slowing down anytime soon.
As an independent mortgage brokers our team can offer impartial advice if you’re looking to purchase or remortgage a buy to let. Being independent means we have access to the entire UK mortgage market without restrictions. We search the market to find the best mortgage product to suit your circumstances. We will begin the process with an initial meeting before proceeding with our market research. Your dedicated mortgage advisor will present our findings to you. Within the mortgage proposal we will outline all the details of your mortgage and answer any queries you may have.
As your mortgage broker, our team will take care of all the necessary paperwork and keep you updated throughout every stage. Get in contact to book your free consultation.
Speak to a friendly, expert Mortgage Adviser about your unique mortgage needs.
We'll search 1000s of products for the best mortgage and present our advice to you.
Your Adviser will complete your application, liaise with the lender and you, keep you informed until completion.
Rent Potential – When it comes to the decision of whether a buy to let mortgage will be offered to you, it will be based on the rental yield earned from the property and will also take into account your income. In some cases, income won't be a factor at all, it depends on the mortgage deal.
Interest Rate – Compared to standard home buying mortgages, buy to let mortgages will have slightly higher interest rates. This is an important factor to take into account when considering a buy-to-let investment, as you will often see higher mortgage repayment rates.
Larger Deposit – As a general rule you will be required to pay a minimum of 20% or 25% of the property’s value as a deposit.
Tax implications – Before making this investment we encourage you to seek independent tax advice. For residential property investments stamp duty land tax has a 3% surplus charge.
If you are planning on purchasing a second property to let out you need to consider whether your main objective is to earn income or grow capital growth. Decide whether you intend to make a profit each month, or are looking to make a profit through increased equity as the properties value boosts over time. Once you make this choice it will dictate the property you buy and it's location.
Connect with one of our mortgage experts today to find out more about what we can do for you. Simply completely the form at the top of this page, email us at info@tms-fs.co.uk or call us on 01424 444597.
