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Why Choose Us
If you are looking to purchase your first buy to let property or to expand an existing portfolio Ascot Mortgages is here to help. By utilising our expert guidance, market leading providers and industry knowledge we can assist you to get the right buy to let mortgages to achieve the best returns on your initial investment thus allowing you to be in the best position to build your portfolio in the future.
Ascot Mortgage Expert
As a specialist buy to let mortgage broker, we are always happy to discuss your mortgage requirements whether you are purchasing your first buy to let property, or you have a professional property portfolio of 100+properties we are able to help. Buying a rental property and financing the purchase requires expert advice. Although the availability of investment property finance has increased, wise investors use a specialist mortgage broker such as Ascot Mortgages to advise on, source and arrange their buy to let mortgages.
Ascot Mortgages are now able to offer a great range of high loan-to-value buy to let mortgage deals. Providing options for mortgages up to 80% LTV, which means we are able to provide mortgages to landlords with low deposits.
Some see property as a future pension, some are looking simply to supplement their current income and others are buying shrewdly to make money on the future rises in property value. We also have the rise in “The Accidental” landlord, these are people finding themselves unable to sell a property and left with no option but to rent the property out.
Ascot Mortgages Ltd – Buy to Let Mortgage Brokers. We offer market leading Buy to Let mortgage and Buy to Let remortgage rates and terms, and we have exclusive mortgages only available from us. If you’re new to the Buy to Let market why not take a request a free initial buy to let consultation where we can talk you through the process and help you to avoid common pitfalls.
As well as our Buy to Let mortgages we also specialise in commercial mortgages and commercial remortgages for companies buying their premises and for commercial investors. We also offer property development finance for both commercial and residential property. If you have more than 4 Buy to Let properties, you could also ask about our buy to let portfolio mortgages.
As well as providing Buy to Let mortgages, we also provide development finance for residential and commercial developers. We deal with clients from multi million pound commercial developments to smaller residential developments costing tens of thousands of pounds.
Please see our Bridging Finance website for more details.
Remortgaging is applied when you keep
living in your present property while applying for another mortgage deal with a new lender. Before finding out how to remortgage and get the best offers from experts like Ascot Mortgages, you have to check meeting what parameters of the deal that can help you succeed the most. The range of background factors varies a lot — from the recently changed loan-to-value ratio or your existing agreement coming to an end.
Whether you are trying to get a more beneficial deal or searching for funding to improve your home conditions, remortgaging is one of the most advantageous scenarios to consider.
The loan to value (LTV) rate determines how much you can borrow. A lower LTV typically results in better interest rates and more choice of lenders for remortgaging, as it represents lower risk to lenders.
Yes, you can choose to remortgage with a different lender. However, this should be based on factors such as interest rates, fees, and the terms and conditions of the potential new mortgage. Contact us today and we can help you to find the best option to suit your needs.
Most lenders will require a valuation of your property when you remortgage to ascertain its current market value. Some lenders may use an automated valuation model instead of a physical appraisal. Need help navigating this? Reach us today to discuss your mortgage needs.
Yes, when remortgaging a solicitor is required for both the mortgage lender and the applicant. Some mortgage lenders offer mortgage products that have a free legal facility. They handle the legal paperwork and advise on potential issues.
The amount you can borrow with a remortgage depends on multiple factors including your income, outgoings, credit score, the value of your property, and the lender’s criteria. Easy contact us to discuss your remortgage borrowing capacity.
The remortgaging process typically takes between 4 to 8 weeks, but can be quicker or slower depending on your circumstances and the lender’s processes. For help in understanding what you can expect, contact us today!
To improve your chances of being accepted for a remortgage, maintain a good credit history, ensure your income is stable, and reduce your overall debt. It can also help to have a clear purpose for remortgaging. Need advice? Reach us today.
It is possible to remortgage with bad credit, but options may be limited and interest rates may be higher. Some specialist lenders provide services for people with poor credit histories.
Applying for a remortgage will likely require a credit check, which can leave a footprint on your credit file. However, the impact on your credit score is usually minimal and temporary.
If your remortgage application is rejected, seek to understand why. It could be related to your income, property value, or credit score. You may need to consider alternative lenders or improve your financial situation. Contact us today for a free consultation and guidance on your options.
Yes, self-employed individuals can remortgage. However, you’ll need to provide more evidence of your income, usually in the form of HMRC documents for the last two or three years. If you’re self-employed and considering remortgaging, feel free to reach out to us whenever you’re ready to discuss this further.
Seeking advice on remortgaging can be beneficial to understand the costs, benefits, and potential risks. Professional mortgage advisors can guide you to make the best decision based on your circumstances. Need professional advice? Easy reach us and we always here to help!
Yes, there are fees involved in remortgaging. These can include exit fees from your current lender, arrangement fees for your new mortgage, valuation fees, legal fees, and broker fees. It’s important to factor these in when considering a remortgage.