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Tag: asbestos

Buy-to-Let Mortgage for Properties with Asbestos: Lender Criteria

Understanding Buy-to-Let Mortgages and Asbestos A buy-to-let mortgage is a type of loan specifically designed for purchasing properties that will be rented out to tenants. Unlike standard residential mortgages, buy-to-let mortgages typically require a larger deposit, often around 25% or more of the property’s value, and they are assessed based on the rental income the […]

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The advice we give is not FCA regulated. Broker fees: All applications have a non-refundable booking fee of £599. Buy to let mortgages have a completion fee of up to £1,999 for loans under £500,000 or 1% of the loan amount for loans over £500,000. Bridging and Commercial mortgages have a completion fee of either £3,499 for loans under £350,000 or 1% of the loan for loans over £350,000. Booking fees are payable on submission. Completion fees are payable after the mortgage completes, or if you opt not to proceed with a mortgage offer that you previously accepted.

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