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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 [email protected] or feel free to complete our online mortgage form.
*(as at 21st January 2010)
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