Mortgage250 was created for those in the UK who are wishing to borrow less than £250,000. Their service is to provide you with the best mortgages available, through an impartial mortgage finding service! Their partners portfolios include more than 8,000 mortgage products, from some of the leading lenders! They’ll put you in touch with the leading FSA (Financial Services Authority) authorized mortgage brokers!

One of the popular mortgages their brokers provide is the buy to let mortgage. Many people that purchase homes, for the intention or purpose of renting them out, do so with a buy to let mortgage. The criteria for these buy to let mortgages are often more restrictive than other residential mortgages. Because of this, you may be expected to place at the very least, 20% down as a deposit. If you’re looking into a buy-to-let mortgage, you should know that they are not regulated by the FSA, if less than 40% of the purchased property is being used by the borrower, or even their immediate families.