Buy to Let
A buy to let mortgage is designed for people who are buying a property to rent out to tenants.
Buy to Let Mortgage Advice
Whether you’re embarking on building a property portfolio and becoming a landlord for the first time or you’re looking to expand an existing portfolio you will need to take out a buy to let mortgage. A buy to let mortgage is specifically designed for owners who are buying a property to rent out to tenants.
How do buy to let mortgages differ from residential mortgages?
- Interest rates on buy to let mortgages are usually higher compared to residential mortgages.
- You will need to pay at least 15% deposit for a buy to let mortgage.
- Unlike a standard mortgage, where the amount you can borrow is linked to your income, with a buy to let mortgage, the lender will instead look at how much rent you could make from the property on which the mortgage is secured.
We can help you arrange a bespoke buy to let solution that’s tailored to you. Call our expert team today to find out more.