Buy to Let Mortgages

Whether you're thinking about becoming a landlord, or want to remortgage your current Buy to Let property, you're in the right place.

​

​A Buy to Let mortgage is a type of loan used to purchase a property you plan to rent out to others, rather than for you to live in. Buy to Let mortgages work differently to standard mortgages.   When purchasing Buy to Let's you can do this as an individual or as a limited company. The main considerations for a lender in determining whether your application would be successful might be:

​​

• Rent potential - The decision as to whether or not a mortgage will be offered is usually based on the rental income receivable and the length of any tenancy agreement. In some instances, earned income is not taken into account and in others it may be used as an additional income stream when there is a shortfall in rental income being received (top slicing).

• Whether you are identified as a Regulated BTL client.

• Whether you are identified as a Consumer BTL client or a Portfolio Landlord.

​

​All mortgages have risks and benefits. Here are some key points on how you can obtain a Buy to Let mortgage and what type of property can be deemed as acceptable:

​

• Individual names

• Limited company 

• Single lets

• Multiple units including HMO properties 

• Applicants overseas for expatriates ​​​

​

The Financial Conduct Authority does not regulate on Buy to Let Mortgages.

​