Later Life Buy to Let Mortgages
Some lenders off an Over 55 Buy-to-Let Option which are secured on Buy-to-Let properties. They allow Landlords to release cash from their property tax free, whilst leaving their entire portfolio intact.
You can choose to make voluntary capital and interest payments, or let the interest roll-up.
No affordability assessments.
No minimum income requirements.
Customers have a fixed interest rate for life.
Open ended mortgage term.
Option to make voluntary payments.
With the flexibility to decide whether to make interest and capital repayments or simply let the interest roll-up, these products allow older owners of Buy-to-Let properties greater ability to make the most of their property wealth to live the retirement they want.
Take a look at the vidoe to find out more and see if this could be the right option for you.
* video courtesy of www.canadalife.co.uk