Berkley Vittoria offer independent financial services and specialise in assisting people with adverse, poor or bad credit histories. Berkley Vittoria can provide mortgages, remortgages and secured loans for debt consoldiation or for other purposes. If you wish to raise funds for a new property or to consolidate credit card or other debts and have CCJ's or some other form of bad credit history then Berkley Vittoria can more than likely help. Mortgages for problem properties and for right to buy properties can also be arranged. Berkeley Vittoria have access to a large range of mortgage lenders and finance providers thus ensuring that we can assist most circumstances.
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Second Home \ Buy to let Lifetime Mortgages

DO YOU CURRENTLY HAVE A SECOND HOME OR BUY TO LET PROPERTY FROM WHICH YOU WOULD LIKE TO RELEASE EQUITY?

  You may have a mortgage on a buy to let property or second home which is coming to an end.  Most lenders would expect this type of loan to have been repaid by the time you reach age 75.

second home buy to let mortgages


Equity Release Calculator
  You may wish to raise additional funds on this property, either for home improvements, debt consolidation or just to enjoy life.  If so, why not consider using a lifetime interest only mortgage?
  We have access to a lender who will allow you to release funds on second homes and buy to let properties with all interest payments being added to the loan.  The lender would not expect the mortgage to be repaid until the eventual death of the second of you or unless you choose to sell the property earlier.
  All interest payments, although added to the loan can still be offset against rental payments from a taxation point of view and any equity taken out of the property could also assist in reducing capital gains tax liabilities.

  By utilising a lifetime mortgage on your second home or buy to let property, you would not have to make any repayments but would also still retain the full benefits of any rental income you may receive.

  When a lifetime lender assesses the amount of loan available to you, they base this entirely on your age and the value of the property, whereas most buy to let and second home lenders would penalise you if your income was not at a sufficient level or the rental income does not more than cover rental payments.

Please call us on 0800 158 3220 to speak to one of our advisers for advice.

The Financial Services Authority does not regulate some aspects of Buy to Let Mortgages.

Equity_Release_Mortage_Specialists

 

  Think carefully before securing other debts against your home. 
Your home or property may be repossessed if you do not keep up repayments on your mortgage.		  
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