Helping you make the most of your rental property
Discover lucrative opportunities with our tailored buy to let mortgage solutions. At Yomo Finance, we specialise in securing exclusive rates to maximise your investment potential. Whether you are looking for guidance when purchasing your first buy to let property or if you want our help managing your existing portfolio, we are the mortgage broker for you.
Simplifying the buy to let process
Generating income from rental properties has great potential, but getting started and applying for buy to let mortgages can be challenging. At Yomo Finance we simplify the application process and will provide expert advice on navigating regulations and market trends. Trust us to make your buy to let venture seamless and profitable.
Have you thought about other buy to let strategies?
1
Portfolio
landlords
Portfolio landlords own and manage multiple properties.
2
Limited company
When an individual owns rental properties as a business, they may choose to set up a limited company for liability protection, tax planning purposes, and other potential benefits. By holding the rental properties within a limited company, the landlord essentially separates their personal assets from the business assets and liabilities.
3
HMO
mortgages
A HMO (House in Multiple Occupation) mortgage is a specialised type of mortgage designed for landlords who want to purchase or remortgage a property that will be rented out to multiple, unrelated tenants who share common facilities like the kitchen and bathroom.
4
Holiday lets
Holiday let mortgages are tailored for investment properties that will not be owner-occupied, but rather rented out to holidaymakers on a short-term basis.
5
Airbnb
As with holiday let mortgages, these mortgages are tailored for properties that are used by guests for short stays.
6
Multi-unit freehold block
There are specialised mortgage products tailored for investors looking to purchase multi-unit residential properties like apartment blocks, as opposed to single family homes or individual units.
See how much you could borrow with our handy calculator
*mortgage calculator coming soon*
Hear what our clients have to say
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What is the minimum deposit required for a first time buyer mortgage?Typically you need at least 5% of the property price.
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What government schemes are available to help first time buyers?Schemes like Help to Buy and shared ownership are available along with new schemes like First Home and Deposit Unlock.
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What are the different types of mortgages available for first time buyers?Fixed rate, variable rate and tracker mortgages are common options.
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How do I know how much I can afford to borrow?Lenders will assess your income, expenses, and credit history to determine your borrowing limit.
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What is the process of getting a mortgage as a first time buyer?Get a mortgage agreement in principle, find a property, complete a full application and await approval.
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What fees are involved in buying a house for the first time?Common fees include valuation, legal, and arrangement fees, plus stamp duty for properties over a certain value.
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How can I improve my chances of mortgage approval?Maintain a good credit score, save for a larger deposit and manage your debt.
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What is a mortgage in principle?It's an estimate from a lender of how much they might lend you, based on your financial situation and light credit checks.
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What is the difference between term life and whole life insurance?Term life covers a specific period; whole life covers your entire life.
