Whether you’re a private individual or a limited company, purchasing your first buy to let property or an experienced investor with a portfolio of properties to manage we can find a suitable mortgage for your property business.

Equinox can provide a broad range of buy to let mortgage products on both fixed and variable interest rates. We also have access to specialist finance providers for HMO’s, Serviced Accommodation properties, and Holiday Homes.

Buy to let mortgages are structured so that the mortgage payments are covered by the rent generated by the tenant within the property and therefore minimum required rental payments apply.

The two main forms of buy to let products are:

• Interest only products
• Capital and interest repayment products
  

A buy to let mortgage provider will lend to a set percentage of the purchase price of the property and this is generally at the top end (Loan to Value) of alternate forms of finance – the highest LTV’s available are 75-80%.

As a long-term product the rates often tend to be very competitive and the borrower is provided with a choice of a fixed or variable rate product. A fixed rate product allows the borrower to plan monthly expenditure; a variable rate product holds the advantage of a potentially decreasing monthly payment.