Flexible Buy to Let Arrangements With The Mortgage Works
The Mortgage Works caters to the needs of buy to let property owners, offering landlords the option of managing their estate portfolios under a single account, or via separate accounts for each property. The terms and conditions are the same regardless of the portfolio management option and there is no limit on the number of properties accepted in either system. Estate investors who choose to seek buy to let financing and remortgage solutions are free to select the option that best fits their needs.
Single Account Option
With a single account option, investors are able to easily put excess equity to work to fund the purchase of new properties. With a single account, the average rental income and total equity is considered across all properties in the portfolio, often making it possible for landlords to secure funding for the full value of new properties they are considering purchasing. As an added bonus, when your investment portfolio is combined into a single account, you won't have to keep up with multiple mortgage statements or payment due dates. You'll receive a single statement and be able to take care of all of your mortgage loans with one monthly payment.
Separate Property Accounts
Many landlords prefer the option of managing each of their investment properties separately. It's simply a matter of which type of payment and recordkeeping system you prefer. Even if you choose to maintain separate accounts for each property that you finance through The Mortgage Works, there is no limit to the number of properties you can hold. You'll also be able to quickly and easily apply for and process remortgages as needed.
Buy to Let Remortgage Solutions From The Mortgage Works
