Founded in 1859 in Halifax, Yorkshire Bank now operates more than 90 branches, 22 business and private banking centres in the UK. Yorkshire Bank is owned and operated by CYBG plc.
Commercial mortgages take over where business loans finish off. Business loans up to £25,000 are unsecured. Security is needed when wanting higher amounts (£50K+)
The property being purchased can be used as security for the loan. The amount tends to be 70% of the property value and a down payment for the balance of the purchase is required. You can provide extra security if you do not have funds in hand. Extra security relates to assets such as equity or shared ownership in other properties.
A mortgage calculator helps you choose the right mortgage and also determines the approximate costs for the mortgage repayments. Mortgage calculators are used to compare mortgage products such as standard home mortgages, help to buy, Right to Buy and Buy to Let mortgages.
Yorkshire Bank makes it really easy for their customers to invest in their future by buying property for rentals. While it can be difficult to come up with the capital that you need to purchase these properties, when you use a Buy to Let mortgage, the process is fast and easy. This ensures that you won’t miss out on an opportunity. By considering your anticipated income from your rental, you can easily get the money that you need for your mortgage. These professionals will be able to help you figure out how much you can borrow, so you can make your dreams come true.
You need to understand whether or not owning a rental property is the right thing for you and if a Buy to Let mortgage can help you to achieve your dream. You need to know that your property isn’t guaranteed to make money and that you have a number of responsibilities. From landlord responsibilities to commercial considerations, we make it easy for you to understand what you are getting into with a Buy to Let mortgage. These experts are happy to talk to you and make sure that this is the right option for you.
The ‘Help to Buy’ scheme is geared towards first time buyers affording their own home.
Not always but most applicable when buying a new-build home, Help to Buy equity loan works like this:
Free... No Obligation, No Preliminary Credit Checks