Mortgages for property let to Local Authorities/Housing Associations

Some of the best income yields we have come across for property investments have been on properties  let to a local authorities or  housing associations. The advantages for the landlord are a long term contract with a public authority that can be very beneficial. It is also useful for the tenancy contract to be a long term commitment that means rental voids are practially zero.

The one problem is that obtaining a mortgage for property that is subject to such a tenacy agreement, can be difficult with only a few specialist lenders willing to consider the case. In fact all the traditional buy to let mortgage providers will not mortgage a property let to a local authority or a housing association.

The good news is that we have and continue to find solutions for these mortgages for property let to local authorities or housing associations. Whether you are buying, remortgaging or looking to raise capital we can help you find a solution.

Is the tenancy contract with a local authority or housing associations?

We are constantly reviewing the market on a daily basis and can assist you in meeting your specific requirements. Just some of the options include:

• Mortgages for all types of property let to local authories/housing associations
• Long term tenancy agreements can be catered for
• Interest only and capital and interest payment options
• Up to 75% mortgages
• Terms from 5 to 25 years
• Very competitive interest rates

We provide  a FREE assessment on all our services. Contact us for more information.