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If you're interested in a mortgage or just want to know what we can do for you, simply fill in your details below. An advisor will be in touch to discuss your requirements. For further details, please refer to the Contact us page.

Why choose us...

The entire process was painless, the service was unsurpassed – being contacted frequently and offered assistance and guidance along the way - and We know Mortgages certainly know how to identify the needs of their clients and assist them in every way!

I would highly recommend their services to anyone at any time!

Marlene Nicholls (London)

I found this company really easy to deal with. Their consultants are very professional and extremely helpful. Nothing is too much trouble and they are always trying to give you the best price but using reputable companies. I highly recommend them for any policies you might need. Thank you! Maria

Maria Marco (Lancaster)

I can highly recommend 'We Know Mortgages Ltd'. I purchased life insurance with Aviva. No hassle, straight forward and a good price too! The service was very professional and I would use them again.

Clare Robinson (Preston)

The service from We Know Mortgages comes second to none! From initial consultation to contract exchange the communication, assistance and advise from We Know Mortgages was fantastic. The portfolio of products available through We Know Mortgages is extensive saving me time and money. I fully endorse their service and would recommend We Know Mortgages to anyone looking for a mortgage, insurance or life cover.

Mark Merry (Preston)

Buy To Let Mortgage Advice

Buy to Let Mortgage Advice

A buy to let mortgage is a loan for someone who purchases a residential property with a view to renting it out as an investment.

Mortgage lenders view Buy To Let as a greater financial risk because immediate vacant possession is not always guaranteed. Therefore mortgage lenders tend to:

  • Ask for bigger deposits, usually 15-20%
  • Charge a higher rate of interest
  • Require the rental income to be greater than the interest element of the monthly payment.
  • Usually charge higher mortgage arrangement fees or slightly higher rates
  • Require a minimum income
  • Require the applicant to be a homeowner

Please speak to one our mortgage advisers as we do have access a comprehensive range of mortgage products from across the market and criteria varies from lender to lender. A few mortgage lenders don’t require a minimum income. As mortgage brokers we will find you the right mortgage lender.

This is a long term investment which you hope will generate rental income along the way and a profit when you sell the property, but bear in mind that if you need access to some cash a property can take time to sell or re-mortgage.  If house prices fall, you might not be able to sell for as much as you had hoped. You would have to make up the difference if the property sold for less than you owe – a risk that increases, the higher the percentage you borrow. If you sell for a profit, you may have to pay capital gains tax.  Don’t forget that with a variable rate mortgage, your costs will rise if interest rates go up.  This would eat into, or even wipe out, your income and profit.

Mortgage lenders tend to require the rental incomes (normally carried out by a surveyor) to be greater than the monthly payment. If below, further evidence of income is required to cover any shortfall. Some mortgage lenders are happy with the same. Please speak to one of our mortgage brokers for more information.

If you require buy to let mortgage advice; please call one of our mortgage brokers. We have access to a comprehensive range accross the buy to let mortgage market. We’ll guide you the mortgage process from start to finish and speak to your estate agents and solicitors.

Will writing and most forms of Buy-to-let mortgages are not regulated by the Financial Conduct Authority.

A mortgage is a loan secured against your property. Your property may be repossessed if you do not keep up repayments on your mortgage.

Contact Details

We Know Mortgages Ltd
111 Piccadilly
Ducie Street
M1 2HY
Tel - 0161 242 6878
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