Buy To Let 

It is important to note that a Buy To Let property isn’t the same as buying your own home. Buy-to-let (BTL) mortgages are usually for those who are looking to buy property specifically to rent out. They are usually more expensive than normal mortgages, but they could help you become a property investor.

Buy To Let mortgages differ from regular mortgages in that the interest rates are generally 1-2% higher; the minimum deposit is usually about 25% of property value; you are eligible for a range of tax deductibles.

The maximum that can be borrowed is determined by the amount of rental income you receive.  Lenders typically need the rental income to be about 25-30% higher than your mortgage payment.

Some of the important variables lenders take into account when evaluating Buy To Let eligibility are credit scores, income levels, and age limits.

You must have a good credit record and not be stretched too much on your other borrowings such as your existing mortgage and credit cards.

We want to help you get onto the property ladder. Contact us or call us on 01603-957599 to find out how we can help you.


Your home may be repossessed if you do not keep up repayments on your mortgage.