Mermaid Mortgages - Our Services
Stress free from beginning to collecting your key and your first cup of tea
We have helped literally hundreds of people find their best mortgage and move home across Torbay. Our process is simple and uncomplicated.
Buying a home is a long-term commitment, and none of us can predict what could happen over the course of the years to affect your lifestyle and finances. Ensure you are protected!
First Time Buyers
We offer unbiased mortgage advice across the whole market, which allows you access to mortgage options that will suit almost any borrower. This also includes Government-backed initiatives and Shared Ownership homes.
Re-Mortgaging is when you take out a different mortgage on a property you already own. Re-Mortgaging can be a simple and straightforward process.
Buy to Let Mortgages
A Buy to Let mortgage is a type of mortgage you’ll need if you are buying a property to let out to a tenant or tenants. It can also sometimes be used to refinance a property the owner had originally lived in but has had to move out of and let out for various reasons.
There are a lot of differences between Buy to Let mortgages and ordinary residential mortgages, and it’s very important to know them before you commit to becoming a landlord.
For example, there are requirements for rental properties to have minimum EPC ratings that can be stricter than if you’re buying for your own use. There can also be tax implications such as higher stamp duty rates, income tax payable on rental income, and possible capital gains liabilities in the future.
It’s advisable to seek advice from a tax expert to see how this could affect you before buying.
We can help you to find the right Buy To Let mortgage for your particular circumstances, with access to hundreds of Buy to Let mortgages from many specialist Buy to Let lenders.