Buying additional property
With staycations increasingly winning out over environmentally harmful air travel, the time may be right for you to invest in a holiday home and make the most of all the UK has to offer.
Alternatively, you may be looking for an investment to provide you with ongoing income or a retirement safety net. Many people choose to take on a buy to let mortgage, preferring a bricks and mortar asset
to investment in the stock market.
Whether you’re looking for a mortgage on a holiday home, a holiday let or a buy to let property, our expert advisors can guide you through the process from an assessment of what you could borrow, the level of deposit you should be aiming for depending on what you want to do with a second property as well as the kind of rates that are on offer.
How we can help
As part of a wholly independent advisory business, McCrea Mortgages has access to the entire market, we can help you select the right buy to let mortgage or holiday let/home mortgage from the thousands of options available for you.
Employing a letting agent to administer a buy to let property on your behalf leaves you free of day to day management while giving you access to the chance of a regular income. Buy to let, holiday let and holiday home properties can represent potentially valuable long-term assets, giving you greater peace of mind about your financial security.
While buy to let mortgage requirements vary by lender, they typically require a deposit equal to 25% of the purchase price or the valuation, whichever is lower. Our mortgage specialists can help you manage a second home mortgage in line with your overall tax planning and estate management priorities.
Why not contact us for a free no-obligation discussion to see how our holiday home, holiday let and buy to let mortgage advice could move you one step closer to the second home or retirement investment you’ve been looking for.