Buy To Let Secured Loans

 
 
 
 

YES, a Secured Loan can be secured against a rental property that you may own, or even a portfolio of properties.

Homeowners can borrow up to £500,000 with terms available up to 35 years.

We offer competitive variable or tracker rates, with fixed rate and interest only products also available.

As well as the usual loan purposes like consolidation or home improvements a borrower can raise funds to pay a tax bill, loans for a business or a property purchase. If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Got a question or want to speak to an advisor? Call us FREE on 0800 032 4646.

Loans are secured - your home may be repossessed if you do not keep up repayments.

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We can often help where high street banks can't

Check your rates without affecting your credit score!

We are a loan broker Authorised and Regulated by the Financial Conduct Authority.
LOANS ARE SECURED AGAINST PROPERTY - THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

green house with keys for classifications of buy to let secured loans

Classifications

 
 
 
 

There are 2 classifications for Buy to Let Secured loans:

Unregulated BTL – a property you purchased for private rent; these loans are not regulated by the FCA.

Consumer BTL – a property you previously occupied or you inherited, these loans are regulated by the FCA.

Regulation under the FCA aims to provide consumers with protection including being covered by the Financial Services Compensation Scheme (FSCS), which helps to protect you against bad advice and mis-selling, among other things.

Rubber support ring with stack of coins for buy to let secured loans

Why opt for a second charge mortgage?

 
 
 
 
  • Further Borrowing – avoid product switches
  • Remortgage Declines – we have products to meet most customers circumstances
  • Use Property Portfolio – funds can be raised using multiple properties
  • Use Unencumbered Properties – raise funds for almost any purpose
  • LTVs - up to 75% of the property value
  • Affordability – can be based purely on rental income so can assist non-working customers OR if rental income is insufficient Employed/ Self-employed income can be used too
  • Most credit profiles accepted - missed / late payments on loans, credit cards and mortgages, accounts that are in default, outstanding CCJs, in a Debt Management Plan, even Discharged Bankrupts
  • Complex Reasons – Tax Bills, Loans for Business, 2nd Property Purchase, Lease Extensions
House and percent sign balancing for buy to let secured loan rates

How do I compare rates?

 
 
 
 

For a free, no obligation quote call us on FREE on 0800 032 4646.
Don’t forget – making an enquiry will not affect your credit rating in any way!

What our customers say about us

 
 
 
 
Feefo Platinum Service Award
"Superb service , taking away any stress by keeping you fully informed of the progress."

Mr B, Thatcham
01 Jun 2021

"Excellent from start to finish, explaining everything in detail, top job."

Mr L, Uxbridge
26 May 2021

"TLE were really on top of things from start to finish...All in all they were very professional and I wouldn't hesitate to use them again or recommend them."

Mr D, London
25 May 2021

"The Loans Engine were fantastic. I was so impressed with their swift service and a special mention goes to Holly"

Mr H, Edenbridge
14 May 2021

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