Buy to Let Mortgage
To help you to get on the property ladder, we will find the most appropriate product for you.
Buy to Let Mortgages Working Process
Who Qualifies for a Buy to Let Mortgage?
Buy-to-let mortgages are available to anyone over 18 who qualifies for the loan. However, lenders impose stricter criteria for buy-to-let mortgages than standard residential mortgages.
In addition to providing proof of income and identity, prospective landlords must demonstrate that the rent earned from their buy-to-let property will cover at least 125% of their mortgage payments. For higher-rate tax-payers, this amount is typically 145%. Furthermore, most lenders also require landlords to have a minimum deposit of 20-25% when buying a buy-to-let mortgage.
What Services We Offer?
Please note that the Financial Conduct Authority does not regulate some aspects of buy to let mortgages. Your home or property may be repossessed if you do not keep up repayments on your mortgage.