Latest News: Manx Tails Article July 2010 > Read more > All news

Buy-to-Let Mortgages

Despite the popularity of Buy-to-Let properties and their investment opportunities, on the Isle of Man, the availability of Buy-to-Let lending is currently quite limited.  There is currently only one bank offering Buy-to-Let mortgages as standard* but there are other deals available for experienced landlords and Premier clients.

The Buy-to-Let mortgages that are currently available are restricted to a maximum of 70% loan to value on houses with lower percentages on apartments*.

The interest rates available are currently quite good with tracker deals below 4.00% and fixed rates below 6.00%.*  Therefore if you have a sufficient deposit there are still some excellent Buy-to-Let opportunities on the Isle of Man.

If you would like more information about Buy-to-Let opportunities or to review your existing arrangements please contact Paul on 01624 612611 or by email mortgages@financialoptions or feel free to complete our online mortgage form.

*(as at 21st January 2010)